Wednesday, March 10, 2010

December snowstorm SBA disaster assistance available

(Courtesy of the Virginia Department of Emergency Management)
The U.S. Small Business Administration is offering low-interest rate disaster loans to certain private nonprofit organizations the severe winter weather that occurred on Dec. 18-20. Eligible organizations include, among others, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

Private nonprofit organizations in the following localities are eligible: the counties of Albemarle, Alleghany, Amherst, Arlington, Augusta, Bath, Bedford, Botetourt, Buchanan, Caroline, Culpeper, Dickenson, Fairfax, Grayson, Greene, Hanover, Highland, Lee, Louisa, Madison, Montgomery, Nelson, Orange, Page, Prince William, Rockbridge, Russell, Scott, Spotsylvania, Stafford and Wise and the cities of Alexandria, Fairfax, Charlottesville, Falls Church, Manassas, Manassas Park, Norton, Staunton and Waynesboro.

PNP organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

Disaster loan information and application forms are available by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the hearing-impaired) or by sending an e-mail to disastercustomerservice@sba.gov. Applications can also be downloaded from www.sba.gov/services/disasterassistance, or PNPs may visit SBA’s secure Web site at https://disasterloan.sba.gov/ela/ to apply for disaster loans online.

The filing deadline to return applications for physical property damage is April 19, 2010. The deadline to return economic injury applications is November 16, 2010.

A Joint Field Office has been established. Because JFO staff will be dealing mostly with reimbursement paperwork for disaster costs and because of the widespread nature of the snowstorm (four of the six FEMA Region III states and Washington D.C. received a declaration), the JFO will be virtual, with most business conducted online.