SBA Disaster Loan Outreach Center opens for flood victims - ABC 12 – WJRT – Flint, MI

SBA Disaster Loan Outreach Center opens for flood victims

Posted: Updated:
FLINT TOWNSHIP (WJRT) -

(07/10/12) - Financial help is on the way for people affected by the devastating floods that hit Genesee County back in May.

The U.S. Small Business Administration opened a Disaster Loan Outreach Center in Flint Township Tuesday.

There, homeowners, renters and business owners are able to apply for low interest loans to help offset the cost of rebuilding from the flood damage.

More than two months after flood waters damaged Detris Watson's Flint Township home, the pain is still fresh.

"I can't even cry anymore," Watson said.

Detris says 8 feet of water ended up inside her basement.

It broke through our window, so not only did we have water coming through the drains, we had all of the outside water pouring in through the windows."

Tuesday started the road to recovery.

"This loan, actually it means make it or break it for us," Watson said.

The Small Business Administration is offering low interest loans to home and business owners, renters, and non-profits who are drowning in debt and damage following May's floods.

"It's used to repair the home, replace personal property, in case of renters or homeowners, and to get them back to pre-disaster conditions," said Nathanial Kirkland, SBA Disaster Reserve Specialist.

Watson will take any help her family can get, after a serious mix-up with her insurance. After the flood, she found out a new policy she was promised was not in effect in time.

"This loan, I've actually prayed, and I'm praying that it goes through," she said.

The center is located at:

Flint Township Police Department
5200 Norko Drive, Flint

Hours:

July 10-July 19, 10 a.m. - 7 p.m. (Closing at close of business on July 19)
Saturday, July 14 10 a.m. - 2 p.m.
Closed on Sunday, July 15

Individuals and businesses unable to visit the Center in person may obtain information and loan applications by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf or hard-of-hearing), or by sending an email to disastercustomerservice@sba.gov. Loan applications can be downloaded by click HERE.  Completed applications should be returned to the Center or mailed to:

U.S. Small Business Administration, Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX, 76155

You can also file online by clicking HERE.

The deadline to return applications for physical property damage is Aug. 27, 2012. The deadline to return economic applications is March 28, 2013.

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