On Mar. 14, SBA published administrative declaration of disaster in NY.
SBA made administrative declaration of disaster assistance available to New York businesses, residents due to severe storms, flooding Jan. 9 to Jan. 10, 2024.
Eligibility, Terms
Eligible counties included Suffolk as primary and Nassau as contiguous counties.
Interest rates range from 8.000 for businesses with credit to 3.250 for all nonprofits.
The disaster file number assigned to physical damage loans is 201926 and for economic injury disaster loans (EIDLs), number assigned to disaster is 201930.
Application Deadline
The physical loan application deadline is May 10, 2024; for EIDLs it is Dec. 11, 2024.
Regulators
SBA
Entity Types
Corp
Reference
89 FR 18699, 3/14/2024; Dec 20192, 20193, 3/11/2024
