SBA offers disaster assistance for those affected by Front Street fire

SBA offers disaster assistance for those affected by Front Street fire

GEORGETOWN COUNTY, SC (WCSC) - South Carolina residents and businesses affected by the Front Street fire in historic Georgetown last month can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Acting Administrator Jeanne A. Hulit announced Monday.

Acting Administrator Hulit made the loans available in response to a letter from Gov. Nikki R. Haley on Oct. 3, requesting a disaster declaration by the SBA. The declaration covers Georgetown County and the adjacent counties of Berkeley, Charleston, Horry, Marion and Williamsburg in South Carolina.

10 businesses were affected by the fire, and 130 people lost their jobs because of it.

"The SBA is strongly committed to providing the people of South Carolina with the most effective and customer-focused response possible to assist homeowners, renters, and businesses of all sizes with federal disaster loans," said Acting Administrator Hulit. "Getting businesses and communities up and running after a disaster is our highest priority at SBA."

"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 Frank Skaggs, director of SBA's Field Operations Center East in Atlanta. SBA's customer service representatives are 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:

Georgetown County

  • Georgetown Courthouse
  • 129 Screven Street
  • Georgetown, South Carolina 29440
  • Opening: Tuesday, Oct. 8 at 8 a.m.
  • Hours: Tuesday, Oct. 8 through Thursday, Oct. 10 from 8 a.m. to 5 p.m.
  • Closing: Thursday, Oct. 10 at the close of business