US Small Business Administration to Open Ida Salvage Centers in New Orleans, Cut Off | Economic news

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The US Small Business Administration plans to open recovery centers in New Orleans and Cut Off this week to help businesses affected by Hurricane Ida.

A center at the headquarters of the New Orleans Black Regional Chamber of Commerce, 2021 Lakeshore Drive, will be open Monday through Wednesday from 9 a.m. to 4 p.m. to schedule one, send an email to FOCWAssistance@SBA.gov with the subject line “Appointment Requested”.

The Cut Off Recovery Center will be located at Callais Office Supply, 14402 W. Main St. It will be open Thursdays and Fridays from 9 am to 4 pm.

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The centers will provide a one-stop-shop for businesses to access a variety of specialized aids. Customer service representatives from the SBA and advisors from the Louisiana Small Business Development Center will be available to meet with each business owner. All services are free.

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Services include assessing working capital requirements, assessing the strength of the business, projecting cash flows and reviewing options with owners to help them assess alternatives and make decisions. decisions.

Businesses of all sizes and private non-profit organizations can borrow up to $ 2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other assets. These loans cover losses that are not fully covered by insurance or other sources.

Business owners who cannot visit the recovery center can apply online using the SBA’s secure website at catastropheloanassistance.sba.gov/.

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