The U.S. Small Business Administration (SBA) has announced the opening of a Business Recovery Center in the Independent City of St. Louis. This center aims to assist small businesses, private nonprofit organizations, and residents affected by severe weather events that occurred on May 16, including storms, winds, tornadoes, and flooding.
Starting Thursday, June 12, SBA customer service representatives will be available at the St. Louis Community College's Harrison Education Center to help with disaster loan applications. Walk-ins are welcome during the center's operating hours from Monday to Friday, 8:30 a.m. to 6:00 p.m., with no prior appointment necessary.
Another Disaster Loan Outreach Center is operational in St. Louis County at the Florissant Valley Branch of the St. Louis County Library. It serves survivors from Monday to Thursday between 9:00 a.m. and 6:00 p.m., and Friday to Saturday from 9:00 a.m. to 5:00 p.m.
"SBA’s Business Recovery Centers have consistently proven their value to business owners following a disaster," said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. "Business owners can visit these centers to meet face‑to‑face with specialists who will guide them through the disaster loan application process and connect them with resources to support their recovery."
Eligible businesses and nonprofits can apply for physical disaster loans up to $2 million for repairing or replacing damaged assets like real estate or equipment. The Economic Injury Disaster Loan (EIDL) program is also available for financial losses directly related to these disasters but excludes agricultural producers except for small aquaculture enterprises.
Homeowners and renters may apply for loans up to $100,000 for personal property repair or replacement and up to $500,000 for primary residence repairs.
Interest rates are set as low as 4% for small businesses, 3.62% for nonprofits, and 2.81% for homeowners and renters over terms up to 30 years. Payments are deferred until one year after the first loan disbursement.
Applications can be submitted online at sba.gov/disaster or through SBA’s Customer Service Center at (800) 659-2955 or via email at disastercustomerservice@sba.gov.
The deadline for physical property damage applications is August 11, 2025, while economic injury applications must be returned by March 9, 2026.