ATLANTA, December 22, 2012 /PRNewswire/ --

The U.S. Small Business Administration announced today that its ten Business Recovery Centers in New Jersey will be closed in recognition of Christmas and New Year's Day.  In addition, all centers will be closed on December 24 with the exception of the Centers in Essex, Hudson and Ocean counties which will be open from 9 a.m. to 1 p.m.  The Centers in Bergen and Monmouth counties will be closed through January 1, 2013.

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These Centers are staffed by SBA Customer Service Representatives that can answer questions, help with the application process and assist those applicants who want to apply on-line and complete the Electronic Loan Application.

Each Center's hours of operations are indicated below:

Atlantic County
Richard Stockton College
35 South Martin Luther King Blvd.
Atlantic City, NJ 08401
Ceased operations on Fri., Dec. 21
Applicants may visit any Disaster Recovery Center for help

Bergen County
Bergen Community College
355 Main Street, Room 121
Hackensack, NJ. 07601
Hours: Mon-Fri from 9:00 a.m. - 5:00 p.m.
Closed from Fri., Dec. 21 until Tue. Jan 2, 2013
Will cease operations at 5:00 p.m., Jan. 4

Cape May County
Cape May County Chamber of Commerce
13 Crest Haven Road
Cape May, NJ 08210
Hours: 8:30 a.m. - 4:30 p.m., Mon-Fri
Closed: Tue. Dec. 25 and Tue. Jan. 1

Essex County
Rutgers University
25 James Street
Newark, NJ 07102
Hours: 9:00 a.m. - 5:00 p.m. Mon-Fri
Revised hours:  9:00 a.m. - 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31
Closed: Tue. Dec. 25 and Tue. Jan. 1

Hudson County
New Jersey City University
285 West Side Avenue Suites 193
Jersey City, NJ 07305
Hours: 9:00 a.m. - 5:00 p.m., Mon-Fri
Revised hours:  9:00 a.m. - 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31
Closed: Tue. Dec. 25 and Tue. Jan. 1

Middlesex County
John F. Kennedy Library
500 Hoes Lane
Piscataway, NJ 08854
Hours: 10 a.m.- 5 p.m., Mon-Sat
Closed on: Tue. Dec. 25 and Tue. Jan. 1

Monmouth County
Brookdale Community College
765 Newman Springs Road
Lincroft, NJ 07738
Hours: 9:00 a.m. - 5:00 p.m., Mon-Fri
Revised hours:  9:00 a.m. - 1:00 p.m., on Mon. Dec. 24 and Mon. Dec. 31
Closed:  Tue. Dec. 25 and Tue. Jan. 1

Ocean County
Southern Ocean County Chamber of Commerce
West Bay Avenue
Manahawkin, NJ 08050
Hours: 10:00 a.m. - 6:00 p.m., Mon-Sat
Revised hours:  9:00 a.m. - 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31
Closed:  Tue. Dec. 25 and Tue. Jan. 1

Passaic County
William Paterson University
131 Ellison Street
Paterson, NJ 07505
Hours: 9:00 a.m. to 5:00 p.m., Mon-Fri
Revised hours:  9:00 a.m. - 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31
Closed:  Tue. Dec. 25 and Tue. Jan. 1

Union County
Business One-Stop Service-The Incubator
320 Park Avenue
Plainfield, NJ 07060  
Hours: 9:00 a.m. to 5:00 p.m., Mon-Fri
Revised hours:  9:00 a.m. - 1:00 p.m. on Mon. Dec. 24 and Mon. Dec. 31
Closed:  Tue. Dec. 25; Tue. Jan. 1

Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private non-profit organizations, the SBA offers Economic Injury Disaster Loans 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 as low as 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years.  Loan amounts and terms are set by the SBA and are based on each applicant's financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

Additional details on the locations of recovery centers and the loan application process can be obtained by calling the SBA Customer Service Center at
800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov.  Loan applications can be downloaded from www.sba.gov.  Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to return applications for physical property damage is extended to January 30, 2013. The deadline to return economic injury applications is July 31, 2013.

For more information about the SBA's Disaster Loan Program, visit our website at  www.sba.gov.

Contact:   Jelani Miller
Phone:  404-331-0333

Release Number: 13 - 156, NJ 13367/13368                                  

SOURCE U.S. Small Business Administration