SBA: Federal Disaster Loans
WASHINGTON – Low-interest federal disaster loans are available to New York businesses and residents affected by the remnants of Tropical Storm Debby that occurred on Aug. 8-10, announced Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA). SBA acted under the Disaster Assistance for Rural Communities Act to declare a disaster in response to a request received from Governor Kathy Hochul.
The disaster declaration makes SBA assistance available in Franklin and St. Lawrence counties in New York.
As communities across New York continue to recover and rebuild after Tropical Storm Debby, the SBA remains focused on its mission to provide support to small businesses to help stabilize local economies, even in the face of diminished disaster funding,” said Administrator Isabel Casillas Guzman. “If your business has sustained physical damage, or you’ve lost inventory, equipment or revenues, the SBA will help you navigate the resources available and work with you at our recovery centers or with our customer service specialists in person and online so you can fully submit your disaster loan application and be ready to receive financial relief as soon as funds are replenished.”
“When disasters strike, our Disaster Loan Outreach Centers are key to helping business owners and residents get back on their feet,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the SBA. “At these centers, people can connect directly with our specialists to apply for disaster loans and learn about the full range of programs available to rebuild and move forward in their recovery journey.”
Beginning Tuesday, Dec. 3, SBA customer service representatives will be available at the DLOCs to assist businesses and residents complete their disaster loan application, accept documents for existing applications, and provide updates on an application’s status. Walk-ins are accepted, but you can schedule an in-person appointment at an SBA Disaster Recovery Center in advance at appointment.sba.gov. The DLOCs will operate as indicated below until further notice.
Information:
SBA: Official News Release “Lifeline for Rural New York: Disaster Aid for Flood Recovery”
SBA: Rural Agency Disaster Loans Fact Sheet
Disaster Loan Outreach Center:
Dickinson Town Hall
339 Akins Rd
Dickinson Center, NY 12930
Hours: Monday – Friday, 9 a.m. to 6 p.m. / Saturday, 10 a.m. to 2 p.m.
Permanently Closes: Wednesday, Dec. 18 at 4 p.m.
About the Franklin County Economic Development Corp.
FCEDC is a unifying economic development organization that helps entrepreneurs start and grow businesses, fosters a shop-local, community-first culture, and works to attract visitors with the hope they’ll become locals.
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