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September 9, 2021
Español
Dear Business Owner,
The Small Business Administration is offering disaster assistance to businesses affected the remnants of Hurricane IDA.
Low interest disaster loans are available following the announcement of a presidential disaster declaration for our area. Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory or other business assets. Interest rates are as low as 1.563 percent for businesses, with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website here, and should apply under SBA declaration # 17147, not for the COVID-19 incident.
To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.
More info
Hurricane Ida News Release
Hurricane Ida Fact Sheet
Sincerely,
Lisa Davis
Economic Development / IDA Manager
City of New Rochelle | 914-654-2189
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