U.S. Small Business Administration Low-Interest Loans Now Available to Homeowners, Residents and Businesses in Steuben and Contiguous Counties of Allegany, Chemung, Livingston, Ontario, Schuyler and Yates
State Division of Homeland Security and EmergencyServices and County Officials Conducted Preliminary Damage Assessments After the Storms in Impacted Areas to Help Obtain Federal Assistance
Loan Applications Available Online
Governor Kathy Hochul today announced federal assistance is available to New Yorkers in Steuben County and the contiguous counties of Allegany, Chemung, Livingston, Ontario, Schuyler and Yates which were impacted by severe weather related to Tropical Storm Debby from Aug. 8-10, 2024. Eligible homeowners, renters and businesses can now apply for U.S. Small Business Administration (SBA) low-interest loans to aid in recovery from storms that caused significant damage to homes and businesses.
“New Yorkers and their businesses should not have to carry the burden of storm recovery alone, and these loans will go a long way in helping those impacted build back better and stronger,” Governor Hochul said. “We have worked diligently to provide resources to areas affected by Tropical Storm Debby, and because of our federal partners, owners of small businesses can now apply for assistance to rebuild and recover.”
New York State Division of Homeland Security and Emergency Services Commissioner Jackie Bray said, “This storm caused significant damage in these communities and people need to make critical repairs and replace destroyed personal property as they recover. Thanks to Governor Hochul and the partnership with the SBA, we will now be able to offer relief to residents and small businesses.”
Representative Nicholas Langworthy said, "Small businesses are the driving force of the Southern Tier's economy, but many are still struggling to recover after Tropical Storm Debby, just as they were getting back on their feet from the devastating floods of 2021. It’s great news that Small Business Administration assistance is now available to help these businesses rebuild, and I’ll continue to champion efforts that provide them with the support they need to create jobs and strengthen our community."
After the storms, the New York State Division of Homeland Security and Emergency Services, and county officials conducted preliminary damage assessments in impacted areas to help get the SBA loans. The loans can be helpful to eligible parties who need financial assistance to recover following weather-related disasters and other emergencies.
Disaster Loan Types
The following disaster loans are available:
- Business Physical Disaster Loans: Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.
- Economic Injury Disaster Loans (EIDL): Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster.
- Home Disaster Loans: Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.
New Yorkers can find additional information, download applications and apply online here. They may also call the SBA's Customer Service Center at 800-659-2955 or email [email protected]. Locations for in-person assistance and applications will be announced in the coming days.
Individuals who are deaf, hard of hearing, or have a speech disability, can dial 711 to access telecommunications relay services.
The filing deadline to return applications for physical property damage is Dec. 9, 2024. The deadline to return economic injury applications is July 10, 2025.
Disaster Loan Outreach Center
The SBA is establishing a Disaster Loan Outreach Center to help New Yorkers apply in-person for assistance — the hours of operation will begin on Tuesday, Oct. 15, at 11:00 a.m. until Wednesday, Oct. 30 at 4:00 p.m.
First Presbyterian Church: 10 Main Street, Canisteo, NY 14823
- Opens Tuesday, Oct. 15, 11:00 a.m.
- Hours of operation
- Monday to Friday: 9:00 a.m. to 6:00 p.m.
- Saturday: 10:00 a.m. to 2:00 p.m.
- Sunday: Closed
- Saturday: 10:00 a.m. to 2:00 p.m.
- Monday to Friday: 9:00 a.m. to 6:00 p.m.
About the Division of Homeland Security and Emergency Services (DHSES)
The Division of Homeland Security and Emergency Services provides leadership, coordination and support for efforts to prevent, protect against, prepare for, respond to and recover from terrorism, natural disasters, threats, fires and other emergencies. For more information, visit @NYSDHSES on Facebook, X, Instagram, and LinkedIn, and visit www.dhses.ny.gov.