News

November 28, 2022

SBA Opens Business Recovery Center in Georgetown County to Assist South Carolinians Recovering from Hurricane Ian

The U.S. Small Business Administration (SBA) is making low-interest disaster loans available to eligible residents, businesses and most private nonprofit organizations in Horry and Georgetown counties to address the natural disaster caused by Hurricane Ian. The SBA recently opened a Business Recovery Center (BRC) at the Litchfield Exchange, 14361 Ocean Highway in Pawleys Island.

Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloanassistance.sba.gov/ela/s/  and should apply under SBA declaration # 17711.

The filing deadline to return applications for physical property damage is Jan. 20, 2023. The deadline to return economic injury applications is Aug. 21, 2023.

Click here to read the full press release and click here to read the Loan Fact Sheet. 

What you need to know to apply for a Business Disaster Loan.

What you need to know to apply for Disaster Loans for Homeowners and Renters.

What Businesses and Non-Profits need to apply for an Economic Injury Disaster Loan (EIDL).

Mitigations Assistance for SBA Disaster Loan Borrowers.