|
FOR IMMEDIATE RELEASE July 29, 2021 View Online Governor Wolf Announces Availability of Low-Interest Loans for Survivors of Devastating July Flooding Harrisburg, PA – Governor Tom Wolf announced today that the U.S. Small Business Administration (SBA) approved his request to make financial aid available to residents in Bucks, Philadelphia and Tioga counties after severe storms caused devastating flooding and significant damage on July 12. Residents and businesses in the neighboring counties of Bradford, Delaware, Lehigh, Lycoming, Montgomery, Northampton and Potter can also apply for aid. “The devastation caused by this flooding will linger in the minds of survivors for years to come,” said Gov. Wolf. “But it is our hope that these low-interest loans provide much- needed assistance in helping people get back to normal as quickly as possible.” According to the National Weather Service, the flood-affected areas received anywhere from 6 to 10 or more inches of rain in a three- to four-hour period, damaging homes and destroying personal property and cars. Homeowners, renters and businesses impacted by the flooding in Bradford, Bucks, Delaware, Lehigh, Lycoming, Montgomery, Northampton, Philadelphia, Potter and Tioga counties may be eligible for low-interest disaster loans through the SBA Disaster Loan Programs. Low-interest loans of up to $200,000 are available to homeowners and renters to repair or replace damaged or destroyed real estate, and SBA regulations also permit loans up to $40,000 to repair or replace damaged personal property, including vehicles. Businesses and nonprofits can borrow up to $2 million to restore damaged or destroyed buildings, inventory, equipment and other physical losses. Economic Injury Disaster Loans are also available and may also be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact, whether or not the business sustained physical damage from the storm. The SBA offers long-term repayment options to keep payments affordable, with terms up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay. The SBA will open Disaster Loan Outreach Centers (DLOCs) in Bucks County and Philadelphia to provide in-person assistance for those wishing to apply, and anyone from any county included in the disaster declaration can visit any DLOC location. The Tioga County DLOC will be established virtually. However, businesses and individuals may immediately 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. Bucks County: Bucks County Free Library, Levittown Branch 7311 New Falls Rd. Levittown, PA, 19055 Hours of Operation: Tuesday 8/3 – until 6 PM Wednesday 8/4 – 9 AM – 6 PM Thursday 8/5 – 9 AM – 6 PM Friday 8/6 – 9 AM – 6 PM Saturday 8/7 – 10 AM – 2 PM Monday 8/9 – 9 AM – 6 PM Tuesday 8/10 – 9 AM – 6 PM Wednesday 8/11 - 9 AM – 6 PM Thursday 8/12 - 9 AM – 4 PM Those who were affected can also apply online or by phone: Virtual DLOC Open: Monday-Sunday (7 days/week) Hours: 8 a.m. - 8 p.m. Email: FORCE Help@sba.gov Phone: (800)659-2955 Or, online Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s and should apply under SBA declaration # 17054, not for the COVID-19 incident. 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 emailing DisasterCustomerService@sba.gov. Loan applications may be downloaded at 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 SBA has created a number of fact sheets to help applicants understand the SBA loan process:
The filing deadline to return applications for physical property damage is Sept. 27, 2021. The deadline to return economic injury disaster loan applications is April 29, 2022. The office of Mayor DiGirolamo has just received the following information regarding Governor Wolf Announcing Availability of Low-Interest Loans for Survivors of Devastating July Flooding Harrisburg, PA – Governor Tom Wolf announced today that the U.S. Small Business Administration (SBA) approved his request to make financial aid available to residents in Bucks, Philadelphia and Tioga counties after severe storms caused devastating flooding and significant damage on July 12. Residents and businesses in the neighboring counties of Bradford, Delaware, Lehigh, Lycoming, Montgomery, Northampton and Potter can also apply for aid. “The devastation caused by this flooding will linger in the minds of survivors for years to come,” said Gov. Wolf. “But it is our hope that these low-interest loans provide much-needed assistance in helping people get back to normal as quickly as possible.” According to the National Weather Service, the flood-affected areas received anywhere from 6 to 10 or more inches of rain in a three- to four-hour period, damaging homes and destroying personal property and cars. Homeowners, renters and businesses impacted by the flooding in Bradford, Bucks, Delaware, Lehigh, Lycoming, Montgomery, Northampton, Philadelphia, Potter and Tioga counties may be eligible for low-interest disaster loans through the SBA Disaster Loan Programs. Low-interest loans of up to $200,000 are available to homeowners and renters to repair or replace damaged or destroyed real estate, and SBA regulations also permit loans up to $40,000 to repair or replace damaged personal property, including vehicles. Businesses and nonprofits can borrow up to $2 million to restore damaged or destroyed buildings, inventory, equipment and other physical losses. Economic Injury Disaster Loans are also available and may also be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact, whether or not the business sustained physical damage from the storm. The SBA offers long-term repayment options to keep payments affordable, with terms up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay. The SBA will open Disaster Loan Outreach Centers (DLOCs) in Bucks County and Philadelphia to provide in-person assistance for those wishing to apply, and anyone from any county included in the disaster declaration can visit any DLOC location. The Tioga County DLOC will be established virtually. However, businesses and individuals may immediately 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. Bucks County: Lower Bucks Government Services Center 7321 New Falls Rd. Levittown, PA 19055 Tentative Hours of Operation: Monday, Aug. 2: 12:00 PM – 6:00 PM Tuesday – Friday, Aug. 3 – Aug. 6: 9:00 AM – 6:00 PM Saturday, Aug. 7: 10:00 AM – 2:00 PM (This is the only Saturday) Sunday, Aug. 8: CLOSED Monday – Wednesday, Aug. 9 – Aug. 11: 9:00 AM – 6:00 PM Thursday, Aug. 12 – 9:00 AM to 4:00 PM Philadelphia: Katharine Drexel Library 11099 Knights Rd. Philadelphia, PA 19154 Tentative Hours of Operation: Monday, Aug. 2: 12:00 PM – 6:00 PM Tuesday – Friday, Aug. 3 – Aug. 6: 9:00 AM – 5:00 PM Saturday, Aug. 7: 10:00 AM – 2:00 PM (This is the only Saturday) Sunday, Aug. 8: CLOSED Monday – Wednesday, Aug. 9 – Aug. 11: 9:00 AM – 5:00 PM Thursday, Aug. 12 – 9 a.m. to 4 p.m. Tioga: Virtual Disaster Loan Outreach Center (VDLOC) Hours of Operation: Sunday – Saturday 8:00 AM – 8:00 PM Customer Service Center: 800-659-2955 Email: disastercustomerservice@sba.gov Alternatively, loan applications can be downloaded at sba.gov/disasterand completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. The SBA has created a number of fact sheets to help applicants understand the SBA loan process: • The Three Step Process • FAQ for homeowners and renters • Fact Sheet for Homeowners and Renters • Fact Sheet for Businesses of All Sizes The filing deadline to return applications for physical property damage is Sept. 27, 2021. The deadline to return economic injury disaster loan applications is April 29, 2022. Bensalem Residents & Business Owners Regarding the Flood of July 12, 2021 Please be advised that we have received all of the information that was reported to us either via Public Safety entities, the Mayor’s Office, through our flood tip line, our State Representatives, State Senator & U.S. Congressman’s Office. Please know this information has been gathered, collated and sent to the County of Bucks who then will send it to the Pennsylvania Emergency Management Agency (PEMA) and then to the Federal Emergency Management Agency (FEMA) in order to see if financial relief will be granted by the federal government. As I am sure you can tell by the number of agencies involved, this process takes time. You will be contacted if relief is approved. We thank you for your patience during this process.  Flood Disaster Assistance Bucks County agencies will be on hand this Tuesday & Wednesday, 7/20/21 and 7/21/20, from 2:00p.m. to 7:00 p.m., in the cafeteria of the Keystone Elementary School located at 1800 Keystone Avenue, Croydon, PA, to assist Lower Bucks County residents that were affected by the recent storm. Bucks County has been working with PEMA, the Bucks County IU, and other county agencies to create an outreach initiative. The following agencies will be available to provide information to those that may have been affected by area flooding in Bensalem and other Lower Bucks County townships. (Bensalem Township Storm Resource Information) The United Way of Bucks County will be on site both days to set shopping appointments at HELP Center and to assist folks with qualifying for any of their other programs. The Bucks County Opportunity Council will be on hand addressing hotels, housing, and other needs. Other Agencies that will be in attendance: • Red Cross • Military Affairs • PEMA and Bucks EMA staff • Department of Health • VOAD for Team Rubicon • Human Services • Department of Housing • Department of Transportation • Bucks IU, Head Start and Adult Services • Area Agency on Aging • Representatives from the State Insurance Commissioner’s office • Family Services • Drug and Alcohol Commission • Children and Youth Click on the link for more information: http://bensalemb3t.org/   **INFORMATION UPDATE** Bensalem Township Residents Storm Resource Information UPDATE 7/16/21 Bucks County agencies will be on hand this Tuesday & Wednesday, 7/20/21 and 7/21/20 from 2:00p.m. to 7:00 p.m., in the cafeteria of the Keystone Elementary School located at 1800 Keystone Avenue, Croydon, PA, to assist Lower Bucks County residents that were affected by the recent storm. Bucks County has been working with PEMA, the Bucks County IU, and other county agencies to create an outreach initiative. The following agencies will be available to provide information to those that may have been affected by area flooding in Bensalem and other Lower Bucks County townships. Agencies that will be in attendance: • Red Cross • Military Affairs • PEMA and Bucks EMA staff • Department of Health • VOAD for Team Rubicon • Human Services • Department of Housing • Department of Transportation • Bucks IU, Head Start and Adult Services • Area Agency on Aging • Representatives from the State Insurance Commissioner’s office • Family Services • Drug and Alcohol Commission • Children and Youth **NEW INFORMATION UPDATE**
Bensalem Township Storm Resource Information UPDATE 7/15/21
Comments are closed.
|
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |
RSS Feed