By a News Reporter-Staff News Editor at Politics & Government Week -- New York residents and businesses affected by flooding, created by ice jams on Jan. 11 and 12 can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Acting Administrator Marianne O'Brien Markowitz announced.
Acting Administrator Markowitz made the loans available in response to a letter from Gov. Andrew Cuomo on Feb. 7, requesting a disaster declaration by the SBA. The declaration covers Erie County, and the adjacent counties of Cattaraugus, Chautauqua, Genesee, Niagara, and Wyoming in New York.
"The SBA is strongly committed to providing the people of New York with the most effective and customer-focused response possible to assist homeowners, renters, and businesses of all sizes with federal disaster loans," said Acting Administrator Markowitz. "Getting businesses and communities up and running after a disaster is our highest priority at SBA."
"Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property," said Frank Skaggs, director of SBA's Field Operations Center East in Atlanta. SBA's customer service representatives are available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications.
Keywords for this news article include: Homeowners, Real Estate, U.S. Small Business Administration, Government Agencies Offices and Entities.
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