Disaster assistance for small business owners - WLOX.com - The News for South Mississippi

Disaster assistance for small business owners

By Krystal Allan – bio | email

WAVELAND, MS (WLOX) - Small businesses dependent on the fishing industry for revenue can apply for economic assistance loans from now through February of next year.

"The Small Business Administration is offering up to $2 million dollars in small businesses loans with interest rates up to 4% up to 30 years," says Jack Camp, public information officer.

SBA has set up one of its centers at the Waveland Civic Center off Coleman Avenue. SBA is working to get small business owners to take advantage of another assistance program.

"People with existing disaster loans who have difficulty making payments as a result of the oil spill, we want them to call our servicing office," says Camp.

According to SBA public information officer Jack Camp, those loans can be deferred anywhere from 6 to 12 months.

"At the end of that period, if that's not enough, they can come back to us, and we can consider additional deferments on existing disaster loans," Camp says.

SBA has set up five centers in counties across South Mississippi. They are as follows:

  • Hancock County - Waveland Civic Center at 335 Coleman Avenue
  • Harrison County - Hancock Bank Plaza at 2510 14th Street, Suite 103 in Gulfport, MS      
  • George County - 355 Cox Street - Suite J in Lucedale, MS  
  • Jackson County - 2902 Shortcut Road in Pascagoula, MS
  • Stone County - 323 E Cavers Avenue in Wiggins, MS

The locations in Hancock County and Jackson County are open on Saturdays. For more information, call 1-800-659-2955.

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