New York Related News

Two Counties Added to SBA Disaster Declaration in New York

ATLANTA – The U.S. Small Business Administration announced today that Cayuga and Monroe counties have been added to the Presidential declaration for Public Assistance resulting from damages caused by flooding from May 2 through Aug. 6, 2017.

Private NonProfit (PNP) organizations that provide non-critical services located in Cayuga, Jefferson, Monroe, Niagara, Orleans, Oswego, Saint Lawrence and Wayne in New York are eligible to apply.  Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

Although the deadline to apply for a disaster loan for physical damages was Jan. 16, 2018, PNPs in the added counties may still submit an application after the deadline and should include an explanation that they were not previously aware of their eligibility for the SBA disaster loan program due to their county being added after the deadline. 

The SBA offers low-interest disaster loans to PNP organizations for physical losses up to its loan limits.  Approved loans can be increased by up to 20 percent of physical damages, as verified by the SBA for protective measures to lessen similar future damages.  Economic Injury Disaster Loans (EIDLs) are available for PNPs for unmet working capital needs, and are available regardless of whether the organization suffered any physical property damage. 

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.

Additional information on the SBA disaster loan program and application process can be obtained by calling SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov. Loan applications can be downloaded from www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. 

The filing deadline to return applications for physical property damage expired on
Jan. 16, 2018.  The deadline to return economic injury applications is Aug. 14, 2018.

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For more information about the SBA Disaster Loan Program, visit our website at www.sba.gov/disaster.