MULLINS, SC – South Carolina businesses and residents affected by severe storms and flooding on Nov. 4 can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Maria Contreras-Sweet announced today. Contreras-Sweet made the loans available in response to a letter from Gov. Nikki R. Haley on Nov. 17, requesting a disaster declaration by the SBA. The declaration covers Marion County and the adjacent counties of Dillon, Florence, Georgetown, Horry and Williamsburg in South Carolina.
“The SBA is strongly committed to providing the people of South Carolina with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” said Contreras-Sweet. “Getting businesses and communities up and running after a disaster is our highest priority at SBA.”
Businesses and nonprofit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
For small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations of all sizes, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any physical property damage.
SBA’s customer service representatives will be available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications. The Center is located in the following community and is open as indicated:
Marion County
Mullings City Hall – Council Chambers
151 East Front Street
Mullins, SC 29574
Opens: Tuesday, Nov. 24 at 8:30 a.m.
Hours: 8:30 a.m. to 5 p.m., weekdays
10 a.m. to 2 p.m., Saturday
Closed: Thursday, Nov. 26 for Thanksgiving and Sunday, Nov.29
Closes: Tuesday, Dec. 1 at 4 p.m.
-This information is from a Press Release.
