SBA Disaster Assistance Available

Business Resource Centers to open June 20

Following the announcement of the Presidential disaster declaration, businesses, nonprofits, and homeowners are eligible for disaster loans through the Small Business Administration. These loans can be used to repair or replace disaster-damaged real estate, machinery, equipment, inventory, and other building assets.

Beginning tomorrow, the SBA will open two area Business Recovery Centers to help with applications to these loan programs. Both will begin serving the community at 10 a.m. on June 20.

In Montgomery County, the Business Recovery Center will be located at the Harrison Township Community Center at 5945 N. Dixie Dr. in Dayton.

In Greene County, the Business Recovery Center will be at the Beavercreek Chamber of Commerce at 3210 Beaver-Vu Dr.

Both centers will be open from 8 a.m. to 5 p.m., Monday through Friday and closed on Saturdays and Sundays. They will operate until further notice.

Businesses and nonprofits may borrow up to $2 million for repair or replacement of destroyed assets. Disaster loans of up to $200,000 are available to homeowners to repair or replace destroyed real estate.

Anyone seeking disaster loans from the SBA should register online at DisasterAssistance.gov or download the FEMA mobile app. If internet access isn’t available, call the FEMA helpline at 800-621-3362.

To apply for SBA disaster loans, use the Electronic Loan Application through the SBA’s secure website at DisasterLoan.sba.gov.

Businesses who received damage from the recent storms should also contact BusinessFirst! for additional resources. BusinessFirst! is available online at BusinessFirstDaytonRegion.com or by calling (937) 225-4351.