Miami, FL – The Jamaica USA Chamber of Commerce has partnered with the U.S. Small Business Administration (SBA), and the Minority Business Development Center (MBDC) to host a series of Disaster Loan Assistance Workshops to help small businesses, nonprofit organizations, homeowners and renters gain access to low-interest loans.
Homeowners and nonprofits can qualify for “Disaster Loans” from the SBA to repair physical damage to their properties, or to cover the cost of their insurance deductibles. Renters can also qualify for physical damage to personal property. These loans can be up to $200,000 at interest as low as 2.6%, with repayment as long as 30 years.
Small Businesses can qualify for up to $1.5 million at interest rates as low as 4% for up to 30 years. Loans are available to businesses that sustained physical damage such as roofing, windows, awnings, flooring, plumbing, electrical. Physical damage also includes damage to inventory, office equipment and furniture.
Small Businesses can also apply for “Disaster Loans” to address economic injury/loss of business as a result of Hurricane Wilma.
The Community Assistance Workshops will provide details on the SBA’s Disaster Loans. Information will be shared on Post-Hurricane Jobs still available in Monroe, Miami-Dade and Broward Counties. Technical Assistance in completing applications and follow-up will be provided by the MBDC and the Jamaica USA Chamber.
Workshop presenters will include officials from the U.S. Small Business Administration, FEMA, Workforce One, and the Minority Business Development Center. One-on-one assistance will be provided and presenters will address questions from the audience.
The first workshop will be held on Saturday, November 19, 9am – 12noon at the Episcopal Church of the Holy Family – 18501 N. W. 7th Avenue – Miami Gardens, to RSVP, call 305-576-7888 or 1-877-JAUSACC. Light continental breakfast will be served.
The second workshop will be held on Wednesday, December 14, 10am – 12 noon at the Minority Business Development Center located at 3050 Biscayne Blvd., Suite 201, in Miami and to RSVP, call 786-316-0888.
