Low-interest disaster loans now available for Belleville businesses impacted by May 3 fire
To help business owners navigate the application process, a dedicated Business Recovery Center has opened at the Belleville Public Library.
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Small businesses and private nonprofit organizations suffering financial losses from the devastating May 3 fire in Belleville Township can now apply for low-interest federal disaster relief loans.
The U.S. Small Business Administration approved the governor's request for a formal disaster declaration, unlocking federal Economic Injury Disaster Loans (EIDL) designed to serve as a financial lifeline for organizations that sustained substantial economic damage from the blaze.
To help business owners navigate the application process, a dedicated Business Recovery Center has opened at the Belleville Public Library.
SBA customer service representatives are stationed at the site to answer questions, explain loan terms, and assist applicants in filling out their paperwork. The center features the following schedule:
Location: Belleville Public Library, 221 Washington Ave., Belleville, NJ 07109
Hours: Monday through Friday from 9:00 a.m. to 5:00 p.m., and Saturdays from 9:00 a.m. to 1:00 p.m.
Closures: Closed on Sundays, and closed on Friday, June 19 in observance of the Juneteenth holiday.
Permanent Closing Date: The physical center will shut down permanently on Saturday, June 27, 2026. However, affected business owners will still have until March 12, 2027, to submit their applications online through the SBA website.
"Now that the fire is out, it's time to rebuild," Governor Sherrill said in a statement. "I am happy to announce that SBA has granted my request to declare a disaster area for Essex County and that resources will be made available for qualifying small businesses and nonprofits impacted by this devastating fire to support their recovery."
The SBA working capital loans are tailored to each individual applicant's specific financial condition and situation, offering flexible repayment options and generous terms. Local officials emphasized that getting these businesses back on their feet is vital for the stability of the entire region.
"These business owners are not only entrepreneurs—they are our neighbors, friends, and valued members of our community," said Belleville Township Manager Brian Banda. "Programs like this demonstrate that our communities have reliable support systems in place and that help is available when it is needed most."
Affected small businesses and nonprofits throughout the eligible six-county area are strongly encouraged to visit the recovery center or apply online well ahead of next year's deadline.
