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Sen. Brewster Announces Federal Recovery Funds for July 21, 22 Storms, Low-Interest Loans Offered
On August 8, 2019
August 8, 2019 – Senator Jim Brewster announced today that the U.S. Small Business Administration (SBA) approved a request to declare a disaster in Allegheny County for damage from storms and flash flooding on July 21 and 22, 2019.
“This news is great for residents and businesses of this region who suffered losses from these storms and floods last month,” said Senator Brewster. “This decision by the SBA would not have happened without local, county, and state officials and emergency services staff working together.”
Homeowners, renters and businesses impacted by the flooding from the storms on July 21 and 22 in Allegheny County, as well as those in Armstrong, Beaver, Butler, Washington, and Westmoreland 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 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. Information about the program can be found at https://disasterloan.sba.gov.
The SBA will open a Disaster Loan Outreach Center (DLOC) to help with loan applications and answer questions about the disaster loan program. The DLOC will be open at the following location and times:
Renton Volunteer Department
1996 Old Mine Road
Pittsburgh, PA 15239
Opening: Friday, Aug. 9 at 11 a.m.
Hours: Monday – Friday, 9 a.m. – 6 p.m.
Saturday, August 10 & August 17, 10 a.m. – 2 p.m.
Closes: Tuesday, August 20 at 4 p.m.
Individuals and businesses unable to visit the centers in person 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, TX 76155
The filing deadline to return applications for physical property damage is October 7, 2019. The deadline to return economic injury disaster loan applications is May 7, 2020.