Federal Disaster Aid for Recovery from Tropical Storm Debby in Pennsylvania

Residents and businesses in Clearfield and Indiana Counties affected by Tropical Storm Debby can access federal disaster loans for recovery, following a declaration by Governor Shapiro. The U.S. Small Business Administration (SBA) is offering low-interest loans to assist with repairs and replacements, with various deadlines for application. Governor Shapiro emphasized the administration’s commitment to aiding recovery efforts.

Federal disaster relief is now accessible to residents and businesses in Clearfield and Indiana Counties who were adversely affected by the flooding associated with Tropical Storm Debby in August. The U.S. Small Business Administration (SBA) has granted a disaster declaration following a request from Governor Josh Shapiro, which allows for the provision of low-interest loans to assist in recovery efforts. Homeowners can borrow up to $500,000 for repairs and $100,000 for replacement of personal property, while businesses and nonprofits may access loans of up to $2 million to cover uninsured losses.

Governor Shapiro stated, “The flooding caused by the remnants of Tropical Storm Debby was devastating for many Pennsylvanians across our Commonwealth, and my administration continues to work to do everything we can to help them recover and rebuild.” The disaster declaration became effective in August 2024, paving the way for these financial resources to be made available. The loans can feature repayment terms of up to 30 years, with the specifics tailored to the borrowers’ financial capacity.

Individuals wishing to apply for loans can contact the SBA Customer Service Center at 1-800-659-2955, or they can download applications from the SBA website. Additionally, Disaster Loan Outreach Centers will be established in the impacted areas to provide direct assistance with the application process. It is important to note that individuals have until February 11, 2025, to apply for loans to cover physical damage, with applications for economic injury loans accepted until September 15, 2025.

In August 2024, Pennsylvania experienced severe flooding due to Tropical Storm Debby, prompting a federal disaster declaration to assist those affected. The natural disaster led to significant damage to homes and businesses in Clearfield and Indiana Counties. In response, the U.S. Small Business Administration (SBA) has implemented a Disaster Loan Program designed to aid recovery through financial assistance, thus facilitating rebuilding efforts for both residential and commercial properties in the region.

In summary, federal assistance through the SBA is an essential resource for residents and businesses in Clearfield and Indiana Counties recovering from the impacts of Tropical Storm Debby. With a range of low-interest loans available, affected individuals can secure funding necessary for repairs and rebuilding. Interested parties should act promptly to apply before the deadlines to ensure they receive the support they need.

Original Source: www.explorejeffersonpa.com