SBA loans available for Hurricane Lane relief

Low-interest federal disaster loans are available to Hawaii businesses and residents affected by Hurricane Lane, including wildfires and floods, that occurred Aug. 22-29, announced Administrator Linda McMahon of the U.S. Small Business Administration.

SBA acted under its own authority to declare a disaster following the denial of the state’s appeal for a major disaster declaration for individual assistance. The disaster declaration makes SBA assistance available in Hawaii and Maui counties.

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“SBA is strongly committed to providing Hawaii with the most effective and customer-focused response possible, and we will be there to provide access to federal disaster loans to help finance recovery for businesses and residents affected by the disaster,” said McMahon. “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”

“Low-interest federal disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters whose property was damaged or destroyed by this disaster,” said SBA’s Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West. “Beginning (today), SBA representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application.”

The Disaster Loan Outreach Center will be open, starting today, at the Office of the Mayor, 25 Aupuni St., Suite 2601 in Hilo.

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Hours are 8 a.m.-4:30 p.m. Monday through Friday until Dec. 6.

No appointment is necessary.