January 12, 2018
Monday, October 2, 2017
The U.S. Small Business Administration announced that over $5 million in low-interest disaster loans have been approved for Florida businesses and residents affected by Hurricane Irma that began on Sept. 4, 2017 in Florida.
“Currently, 108 disaster loans have been approved in the amount of $5,569,900 for affected survivors. The SBA encourages anyone who has not applied to take action right away. Our mission is to help businesses and residents rebuild and resume their normal lives as quickly as possible,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.
The disaster declaration covers the counties of Alachua, Baker, Bradford, Brevard, Broward, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, Gilchrist, Glades, Hardee, Hendry, Hernando, Highlands, Hillsborough, Indian River, Lafayette, Lake, Lee, Levy, Manatee, Marion, Martin, Miami-Dade, Monroe, Nassau, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, Saint Johns, Saint Lucie, Sumter, Suwannee, Union, and Volusia in Florida which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Hamilton, Madison and Taylor in Florida; Camden, Charlton, Clinch, Echols and Ware in Georgia.
“All 24 counties in South Florida are listed in the declaration and are located within my area of responsibility,” said South Florida District Director Francisco “Pancho” Marrero. “We are using every tool available to get the word out and working with our vast network of resource partners to provide constant updates on any recovery assistance as it becomes available.”
“I’m hopeful the 100 plus disaster loans approved thus far will help members of the community experience a small sense of normalcy. The state of Florida, Georgia and the impacted islands have a long road ahead before we can say we are truly back to where we were prior to Hurricane Irma making landfall, however, I can reassure you that the SBA along with other government agencies are dedicated to making this happen,” he added.
SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster. Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters. Loan terms can be up to 30 years.
To be considered for all forms of disaster assistance, applicants should register online at www.DisasterAssistance.gov or on the FEMA mobile App. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711or Video Relay Services may also call 800-621-3362. People who use TTY may call 800-462-7585.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela. Disaster loan information and application forms may also be obtained by calling the 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 firstname.lastname@example.org.
Loan applications can be downloaded from www.sba.gov/disaster Completed applications can be returned to a recovery 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 Nov. 9, 2017. The deadline for economic injury applications is June 11, 2018.
For more information about the SBA’s Disaster Loan Program, visit our website at www.sba.gov/disaster