ShareThis Page
Westmoreland

Low-interest loans available to September flooding victims in 8 counties

Stephen Huba
| Thursday, Oct. 11, 2018, 11:06 a.m.
Water from the flooded Youghiogheny River rises past Casoni’s Garage in Sutersville on Sept. 10.
Water from the flooded Youghiogheny River rises past Casoni’s Garage in Sutersville on Sept. 10.

Homeowners, renters and businesses affected by the Sept. 9-10 flooding in Westmoreland County may be eligible for low-interest disaster loans through the U.S. Small Business Administration, Gov. Tom Wolf said on Wednesday .

The SBA, in approving the governor’s request for a disaster declaration, agreed that there was “significant damage” from the storm, which caused extensive flooding along the Youghiogheny River, Sewickley Creek, Little Sewickley Creek and elsewhere in the county.

Among the hardest-hit communities were West Newton, Gratztown, Sutersville and Lowber. Flood-affected residents in Allegheny, Armstrong, Cambria, Fayette, Indiana, Somerset and Washington counties also may qualify, the governor said.

Homeowners can apply for low-interest SBA loans of up to $200,000 to repair or replace damaged or destroyed real estate, and up to $40,000 to repair or replace personal property.

Businesses and nonprofits can borrow up to $2 million to restore damaged or destroyed buildings, inventory, equipment and assets. Loan amounts and terms are set by the SBA and are based on each applicant’s financial qualifications.

A Disaster Loan Outreach Center will open at the West Newton Public Library, 124 N. Water St., at 11 a.m. Friday. It will be open from 10 a.m. to 2 p.m. Saturday and from 9 a.m. to 6 p.m. Monday through Thursday. It will close at 4 p.m. Friday, Oct. 19.

SBA customer service representatives will be on hand at the West Newton center to issue loan applications, answer questions about the disaster loan program, explain the application process and help individuals to complete their applications.

Individuals and businesses unable to visit the center in person may obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing impaired), or by e-mailing disastercustomerservice@sba.gov .

Loan applications can also be downloaded at www.sba.gov/disaster . Applicants may apply online using the Electronic Loan Application via the SBA’s secure website at https://disasterloan.sba.gov/ela .

Completed applications should be returned to the West Newton center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to return applications for physical property damage is Dec. 10. The deadline to return economic injury disaster loan applications is July 9, 2019.

Stephen Huba is a Tribune-Review staff writer. You can contact Stephen at 724-850-1280, shuba@tribweb.com or via Twitter @shuba_trib.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.

click me