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Additional Counties Eligible for SBA Disaster Relief Due to Superstorm Sandy

12/11/12

Please see important information below from the U.S. Small Business Administration:

TheU.S. Small Business Administration adds Anne Arundel, Cecil and Prince Georges counties for disaster assistance and reminds eligible Private Non-Profit Organizations (PNPs) to submit their disaster loan applications for damage in Maryland.  These loans are available as a result of a Presidential disaster declaration for Public Assistance resulting from damages caused by Hurricane Sandy that occurred from Oct. 26 through Nov. 4, 2012.

PNPs located in the following counties are eligible to apply Allegany, Anne Arundel, Calvert, Caroline, Cecil, Charles, Dorchester, Frederick, Garrett, Harford, Howard, Kent,  Prince Georges, Queens Annes, Saint Marys, Somerset, Talbot, Washington, Wicomico and Worcester and the Independent City of Baltimore in Maryland.  Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.

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.  The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.

The SBA also offers Economic Injury Disaster Loans to help meet working capital needs, such as ongoing operating expenses to PNP organizations of all sizes.  Economic Injury Disaster Loanassistance is available regardless of whether the organization suffered any physical property damage.

Applicants can apply online by clicking here.

NOTE: Filing deadline for physical property damage is January 21, 2013.  The deadline to return economic injury applications is August 20, 2013.

For additional information, please call SBA's Customer Service Center at 800-659-2955 or email This email address is being protected from spambots. You need JavaScript enabled to view it.">This email address is being protected from spambots. You need JavaScript enabled to view it..