Disaster press release PA 14987

PA 14987 - SBA Offers Disaster Assistance to Pennsylvania Residents Affected by Flash Flooding

...

WASHINGTON

– Pennsylvania businesses and residents affected by flash flooding on Oct. 21 can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator Maria Contreras-Sweet announced today.
Administrator Contreras-Sweet made the loans available in response to a letter from Gov. Tom Wolf on Nov. 16, requesting a disaster declaration by the SBA.  The declaration covers Centre and Lycoming counties and the adjacent counties of: Blair, Bradford, Clearfield, Clinton, Columbia, Huntingdon, Mifflin, Montour, Northumberland, Potter, Sullivan, Tioga, and Union in the Commonwealth of

Pennsylvania

.
“The SBA is strongly committed to providing the people of

Pennsylvania

with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” said Contreras-Sweet “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”  SBA Customer Service Representatives will be at the Disaster Loan Outreach Centers to issue loan applications, answer questions and help individuals complete their applications.
The centers are located in the following communities and are open as indicated:

Centre County

Office of Emergency Services – Willowbank Office Building
Bellefonte, PA 16823
Opens:  Tuesday, Nov. 29 at 10 a.m.
Hours:  Weekdays from 8 a.m. to 4:30 p.m.; Saturday, Dec. 3 from 10 a.m. to 2 p.m.
Closed:  Sunday, Dec. 4
Closing:  Thursday, Dec. 8 at 3 p.m.

Lycoming County

Department of Public Safety – Lysock Complex
Montoursville, PA 17754
Opens:  Tuesday, Nov. 29 at 10 a.m.
Hours:  Weekdays from 8:30 a.m. to 4 p.m.; Saturday, Dec. 3 from 10 a.m. to 2 p.m.
Closed:  Sunday, Dec. 4
Closes:  Thursday, Dec. 8 at 3 p.m.
Businesses and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
For small businesses, small agricultural cooperatives, small aquaculture businesses and private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDL 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 disaster 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 Disaster 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 now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.
Interest rates are as low as 4 percent for businesses, 2.625 percent for nonprofit organizations, and 1.563 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.
Survivors may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela


.
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

disastercustomerservice@sba.gov

. Loan applications can also be downloaded at

www.sba.gov/disaster


. Completed applications should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to submit applications for physical property damage is

Jan. 17, 2017


.  The deadline for economic injury applications is

Aug. 18, 2017


.

WASHINGTON

– Pennsylvania businesses and residents affected by flash flooding on Oct. 21 can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator Maria Contreras-Sweet announced today.


WASHINGTON

Administrator Contreras-Sweet made the loans available in response to a letter from Gov. Tom Wolf on Nov. 16, requesting a disaster declaration by the SBA.  The declaration covers Centre and Lycoming counties and the adjacent counties of: Blair, Bradford, Clearfield, Clinton, Columbia, Huntingdon, Mifflin, Montour, Northumberland, Potter, Sullivan, Tioga, and Union in the Commonwealth of

Pennsylvania

.


Pennsylvania

“The SBA is strongly committed to providing the people of

Pennsylvania

with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” said Contreras-Sweet “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”  SBA Customer Service Representatives will be at the Disaster Loan Outreach Centers to issue loan applications, answer questions and help individuals complete their applications.


Pennsylvania

The centers are located in the following communities and are open as indicated:

Centre County

Centre County

Office of Emergency Services – Willowbank Office Building
Bellefonte, PA 16823
Opens:  Tuesday, Nov. 29 at 10 a.m.
Hours:  Weekdays from 8 a.m. to 4:30 p.m.; Saturday, Dec. 3 from 10 a.m. to 2 p.m.
Closed:  Sunday, Dec. 4
Closing:  Thursday, Dec. 8 at 3 p.m.

Lycoming County

Lycoming County

Department of Public Safety – Lysock Complex
Montoursville, PA 17754
Opens:  Tuesday, Nov. 29 at 10 a.m.
Hours:  Weekdays from 8:30 a.m. to 4 p.m.; Saturday, Dec. 3 from 10 a.m. to 2 p.m.
Closed:  Sunday, Dec. 4
Closes:  Thursday, Dec. 8 at 3 p.m.
Businesses and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.
For small businesses, small agricultural cooperatives, small aquaculture businesses and private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDL 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 disaster 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 Disaster 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 now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.
Interest rates are as low as 4 percent for businesses, 2.625 percent for nonprofit organizations, and 1.563 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.
Survivors may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

https://disasterloan.sba.gov/ela


.
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

disastercustomerservice@sba.gov

. Loan applications can also be downloaded at

www.sba.gov/disaster


. Completed applications should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to submit applications for physical property damage is

Jan. 17, 2017


.  The deadline for economic injury applications is

Aug. 18, 2017


.

Jan. 17, 2017


Aug. 18, 2017

Related programs: Disaster