SBA Disaster Loan Outreach Center at Red Cross Building


The US Small Business Administration has opened a center at the Red Cross Building in downtown Wooster (244 W. South Street) to provide disaster-recovery loans to homeowners, renters, and business owners who suffered lost or damaged property during the July  21, 2019 flood. Loans of $200,000 are available to homeowners, $40,000 to renters, at interest rates of 1.938% over 30 years. Impacted businesses are eligible for 4% loans, while non-profit organizations may apply for 2.75% loans. The Center will be open from 9:00am through 6:00pm weekdays, 10:00am through 2pm on Saturdays, through October 1, 2019. Please find the following press release from the US Small Business Administration for more information. The SBA is an independent agency of the Federal government, which is solely responsible for its content:



Disaster Field Operations Center East

Release Date: Sept. 10, 2019 

Contact: Michael Lampton (404) 331-0333

Release Number: 19-581, OH 16099/16100 

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SBA to Open Disaster Loan Outreach Center in Wayne County, Ohio

ATLANTA – The U.S. Small Business Administration (SBA) will open an SBA Disaster Loan Outreach Center (DLOC) in Wayne County, Ohio on Tuesday, Sept. 17 to serve businesses and residents affected by the heavy rainfall and flooding that occurred on July 21, 2019. 

The declaration covers Wayne County and the adjacent counties of Ashland, Holmes, Medina, Stark and Summit in Ohio. 

SBA’s Customer Service Representatives will be available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications.

The Center is located in the following community and is open as indicated:


Wayne County          

American Red Cross Building

244 W. South St.

Wooster, OH  44691


Opens: Tuesday, Sept. 17 at 11 a.m.

Hours:   Weekdays, 9 a.m. - 6 p.m.

 Saturdays, Sept. 21 and 28, 10 a.m. – 2 p.m.  

 Closed: Sundays                                                        

Closes:  Tuesday, Oct. 1 at 4 p.m.  


 “Businesses and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets,” said SBA’s Cleveland, Ohio District Director Gilbert Goldberg.


For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit 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.


“Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property,” said Kem Fleming, center director of SBA’s Field Operations Center East in Atlanta.  

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes.  Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage caused by a similar disaster.

Interest rates are as low as 4 percent for businesses, 2.75 percent for nonprofit organizations, and 1.938 percent for homeowners and renters with terms up to 30 years.  Loan amount 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

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing Loan applications can also be downloaded at 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 Nov. 4, 2019.  The deadline to return economic injury applications is June 3, 2020.




About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. 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