SBA Opens Business Recovery Center in Georgia for Businesses Affected by Water Main Breaks

ATLANTA - The U.S. Small Business Administration (SBA) announced today it will open a Business Recovery Center (BRC) at 14 Marietta Street, NW, Atlanta, GA on July 22, at 11 a.m. SBA is opening the Center to assist small Georgia businesses affected by the water main beaks that occurred from May 31 through June 6, 2024, apply for working capital loans up to $2 million.

"Our Business Recovery Centers are one of the most powerful resources at SBA's disposal to support businesses in the midst of a disaster," said Francisco Sánchez, Jr., associate administrator for the SBA's Office of Disaster Recovery and Resilience. "Business owners can meet in person with our specialists to apply for SBA disaster loans and get information on the full breadth of our programs designed to help them navigate their recovery."

The declaration covers Fulton County and the adjacent counties of Carroll, Cherokee, Clayton, Cobb, Coweta, Dekalb, Douglas, Fayette, Forsyth and Gwinnett in Georgia.

Customer Service Representatives at SBA's Business Recovery Center will assist businesses and residents complete their disaster loan application, accept documents, and provide updates on an application's status. Walk-ins are accepted, but you can schedule an in-person appointment at an SBA

Business Recovery Center in advance. The Center will operate as indicated below.

Business Recovery Center

Fulton County

14 Marietta Street NW

Suite G110

Atlanta, GA 30330

Opening: Monday, July 22, at 11 a.m. to 6 p.m.

Hours: Monday - Friday - 9 a.m. to 6 p.m.

Saturday, 10 a.m. to 2 p.m.

Closed: Sunday

Permanently Closes: Monday, Aug. 5, at 4 p.m.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

Interest rates are 4% for small businesses and 3.25% for private nonprofit organizations with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant's financial condition. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement.

To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call SBA's Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

The filing deadline to return economic injury applications is April 10, 2025.

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About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.