U.S. Small Business Administration Offers Loans for Conn. Town Struck by Tornado - NECN
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U.S. Small Business Administration Offers Loans for Conn. Town Struck by Tornado

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    NEWSLETTERS

    U.S. Small Business Administration Offers Loans for Conn. Town Struck by Tornado

    The U.S. Small Business Administration has approved the governor’s request for disaster assistance connected to the May 15 tornadoes and severe storms that impacted parts of Connecticut. 

    A statement from Gov. Dannel Malloy’s office said the declaration means that homeowners, businesses and nonprofits in New Haven, Fairfield, Hartford, Litchfield, and Middlesex counties will be eligible to receive loans from the SBA to help with the costs of physical and economic damages. 

    Loans up to $200,000 will be available to homeowners to repair or replace damaged or destroyed real estate, which the governor’s office said might include debris removal. 

    Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property. 

    The SBA will offer Economic Injury Disaster Loans for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations to help meet working capital needs caused by the disaster. The governor’s office said the assistance is available regardless of whether the business suffered any physical property damage. 

    Applications can be filled out and submitted online through the SBA website at disasterloan.sba.gov

    Or you could download it here www.sba.gov and mail it to the SBA at U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, Texas, 76155. 

    If you have questions about the assistance, call the SBA Customer Service Center at 1-800-659-2955 or send an email to disastercustomerservice@sba.gov. Those who are deaf or hard of hearing can call 1-800-877-8339.

    The SBA will also open a Disaster Loan Outreach Center at the Southbury Training School, at 1461 South Britain Road in Southbury, to help people process applications and answer questions in person.

    The office will be open from Oct. 11 through Oct. 18 during the following hours of operation:

    • Thursday, Oct. 11: 11 a.m. to 6 p.m.
    • Friday, Oct. 12: 9 a.m. to 6 p.m.
    • Saturday, Oct. 13: 10 a.m. to 2 p.m.
    • Sunday: Oct. 14: Closed
    • Monday, Oct. 15: 9 a.m. to 6 p.m.
    • Tuesday, Oct. 16: 9 a.m. to 6 p.m.
    • Wednesday, Oct. 17: 9 a.m. to 6 p.m.
    • Thursday, Oct. 18: 9 a.m. to 4 p.m.

    The deadline to return applications for physical property damage is Dec. 10, 2018. The deadline to return economic injury applications is July 9, 2019.