SBA opens Business Recovery Center in East St. Louis

The US Small Business Administration (SBA) announced Friday that it has opened a Business Recovery Center (BRC) in East St. Louis.

The BRC is providing one-on-one disaster loan application filing assistance for Illinois businesses affected by severe storms and flooding on July 25-28, 2022.

“Our Business Recovery Centers are one of the most powerful resources SBA provides to support business owners in the midst of a disaster,” said Francisco Sanchez, Jr., Associate Administrator, Office of Disaster Assistance. “Entrepreneurs can meet face-to-face with our specialists to apply for SBA disaster loans and learn about the full breadth of our programs designed to help them navigate their recovery.”

The disaster declaration applies to St. Clair County, which is eligible for both physical and economic injury catastrophe loans from the SBA. Small businesses and most private non-profit organizations in the following contiguous counties are only eligible to apply for SBA Economic Injury Disaster Loans (EIDLs): Clinton, Madison, Monroe, Randolph, and Washington in Illinois; and St. Louis County and St. Louis City in Missouri.

SBA’s Business Recovery Center is open at the Clyde C. Jordan Community Center in East St. Louis and will remain open until further notice as noted below: Clyde C. Jordan Community Center, 6755 State Street, East St. Louis 62203. Hours of operation : Monday to Saturday, 7:30 a.m. to 6:00 p.m. and Sunday, 7:30 a.m. to 12:00 p.m

Due to the ongoing COVID-19 pandemic, the SBA has established protocols to protect the health and safety of the public. All visitors to the BRCs are asked to wear a face mask. Businesses and private nonprofits of all sizes can borrow up to $2 million to repair or replace property, machinery and equipment, inventory, and other company assets damaged or destroyed by a disaster.

For small businesses, small farming cooperatives, small businesses involved in aquaculture, and most private non-profit organizations, the SBA offers EIDLs (Economic Injury Disaster Loans) to meet working capital needs caused by the disaster. Economic Injury Disaster Loan Assistance is available regardless of whether the business has suffered property damage.

Disaster loans of up to $200,000 are available to homeowners to repair or replace homes damaged or destroyed by a disaster. Homeowners and renters are eligible for up to $40,000 to repair or replace personal property damaged or destroyed by a disaster.

Smarter and stronger rebuilding can be an effective recovery tool for future disasters. Applicants may be eligible for a loan amount increase of up to 20 percent of their physical injuries, which have been reviewed by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, elevation, retaining walls, and landscaping to protect property and residents from future damage from a similar disaster.

Interest rates are as low as 2.935 for corporations, 1.875 percent for nonprofits, and 1.688 percent for homeowners and renters, with terms of up to 30 years. Loan amounts and terms are determined by the SBA and are based on each applicant’s financial situation.

To be considered for all forms of disaster relief, applicants should register online at or download the FEMA mobile app. If online or mobile access is not available, applicants should call the FEMA toll-free line at 800-621-3362. Those using 711 relay or video relay services should call 800-621-3362.

Applicants may apply online using the Electronic Loan Application (ELA) through the SBA’s secure website at and should apply under SBA Statement #17677.

Disaster loan information and application forms are also available by calling the SBA Customer Service Center at 800-659-2955 (if you are deaf, hard of hearing, or have a speech impediment, please dial 7-1-1 to access telecom relay services) or by email at [email protected] Credit applications can be downloaded from the SBA website at

Completed applications should be sent to: US Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. The application deadline for physical loans is December 13, 2022. The deadline for returning applications for economic damages is December 13, 2022 on July 14th. 2023


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