
SBA opens Business Recovery Centers to assist small businesses, nonprofits affected by severe weather
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SBA opens Business Recovery Centers to assist small businesses, nonprofits affected by severe weather
The centers were opened in Davidson and McNairy Counties. The SBA does not offer disaster loans to agricultural producers, farmers, or ranchers. The Economic Injury Disaster Loan (EIDL) is available to small businesses, small agricultural cooperatives and private nonprofits with financial losses directly related to the disaster. The BRC is located at the SBA’s District Office at 2 International Plaza in Nashville.
These centers were opened in Davidson and McNairy Counties to assist small businesses, private nonprofits and residents affected by severe storms that hit Middle and West Tennessee in April.
At the centers, SBA customer service representatives are available to answer questions about SBA’s disaster loan program. The reps will also walk you through the process to apply for those loans.
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The Economic Injury Disaster Loan (EIDL) that the SBA offers is available to small businesses, small agricultural cooperatives and private nonprofits with financial losses directly related to the disaster.
However, the SBA does not offer disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.
“SBA’s Business Recovery Centers have consistently proven their value to business owners following a disaster,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “Business owners can visit these centers to meet face-to-face with specialists who will guide them through the disaster loan application process and connect them with resources to support their recovery.”
To visit the recovery centers, you can make an appointment, but walk-ins are also accepted.
The BRC in Davidson County is located at the SBA’s District Office at 2 International Plaza in Nashville. In McNairy County, the BRC is located at the Latta Theatre at 205 W. Court Avenue in Selmer.
Both locations are open Monday through Sunday from 8 a.m. to 6 p.m. They are closed for the 4th of July holiday.
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