HARRISBURG — Homeowners, renters and businesses impacted by recent storms in Northumberland and Snyder counties may be eligible for low-interest disaster loans through the U.S. Small Business Administration (SBA) Disaster Loan Program, according to state Rep. Lynda Schlegel Culver (R-108).
Low-interest loans of up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. SBA regulations permit loans up to $40,000 to repair or replace personal property. Businesses and nonprofits can borrow up to $2 million to restore damaged or destroyed buildings, inventory, equipment and assets. Loan amounts and terms are set by the SBA and are based on each applicant’s financial qualifications.
The SBA will establish a Disaster Loan Outreach Centers (DLOC) to assist anyone who wishes to apply for a loan. Applicants from any eligible county may report to any DLOC location in order to get help. The DLOCs opened Thursday at:
Columbia County: Benton Borough Building, 590 Everett St., Benton.
Northumberland County: Warrior Run Area Fire Department Headquarters, 1125 Main St., Watsontown.
Hours are 9 a.m. to 6 p.m. Monday through Wednesday and 9 a.m. to 4 p.m. Thursday.
SBA customer service representatives will be on hand at the disaster loan outreach center to issue loan applications, answer questions about the disaster loan program, explain the application process and help individuals to complete their applications.
Individuals and businesses unable to visit the centers may obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing impaired), or by e-mailing email@example.com.
Loan applications can also be downloaded at www.sba.gov/disaster. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at https://disasterloan.sba.gov/ela. Completed applications should be returned to the local DLOC or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas 76155.
The filing deadline to return applications for physical property damage is Feb. 11. The deadline to return economic injury disaster loan applications is Sept. 11.