SBA Closes Maryland Disaster Loan Outreach Center in Leonardtown - Southern Maryland Headline News

SBA Closes Maryland Disaster Loan Outreach Center in Leonardtown

LEONARDTOWN, MD -- The U.S. Small Business Administration (SBA) announced today that due to a steady decrease of activity, the Disaster Loan Outreach Center will close Thursday, October 12, 2006 at the close of business. The Center will be closed on Monday, October 9, 2006 in observance of the Columbus Day Holiday.

SBA Disaster Loan Outreach Center is located at:

St. Mary's County Governmental Center
23115 Leonard Hall Drive
Leonardtown, MD 20650
9:00 a.m. until 6:00 p.m., Monday - Friday

SBA offers loans up to $40,000 for renters and homeowners to repair or replace disaster damaged personal property such as furniture and clothing. Homeowners are eligible for loans up to $200,000 to repair disaster damaged primary residences. Loans to businesses of all sizes and non-profit organizations are available up to $1.5 million to repair damage to real estate, machinery, equipment and inventory. Economic Injury Disaster Loans (EIDLs) are also available to small businesses unable to pay bills or meet operating expenses.

The application deadline for physical damage is November 17, 2006; the deadline for economic injury applications is June 18, 2007.

Anyone unable to visit one of the Disaster Loan Outreach Centers may obtain applications by calling the SBA Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing-impaired), Monday
through Saturday from 8 a.m. until 9 p.m. EDT. Applications may be obtained, completed and returned to the Disaster Loan Outreach Center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas 76155. Business loan applications can also be downloaded from the SBA website at

For more information about the St. Mary's County Disaster Loan Outreach Center, contact SBA representatives at 301-475-4200 ext. 1304.

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