SBA Disaster Loans Available in Pennsylvania
Following Secretary of Agriculture Disaster Declaration
ATLANTA - The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes located in McKean, Pike, Potter, Warren and Wayne counties in the Commonwealth of Pennsylvania as a result of excessive rain, flooding, flash flooding, high winds and hail that began on May 16, 2009.
“These counties are eligible because they are contiguous to one or more primary counties in the State of New York. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” according to Frank Skaggs, director of SBA’s Field Operations Center East.
“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes affected by the same disaster,” said Skaggs.
Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to farm-related and nonfarm-related small business concerns, small agricultural cooperatives, and most private non-profit organizations of all sizes that suffered financial losses as a direct result of this disaster. Farmers and ranchers are not eligible to apply to SBA.
Eligible small businesses and non-profit organizations may qualify for loans up to
$2 million. These loans are available at a 4 percent interest rate with loan terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. Under this disaster declaration, the SBA cannot provide loans to agricultural producers.
Disaster loan information and application forms may be obtained by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the hearing-impaired) Monday through Friday from
8 a.m. to 9 p.m. EST or by sending an e-mail to disastercustomerservice@sba.gov. Loan applications can be downloaded from the SBA’s Web site at www.sba.gov/services/disasterassistance. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Those affected by the disaster may apply for disaster loans from SBA’s secure Web site at https://disasterloan.sba.gov/ela/.
Completed loan applications must be returned to SBA no later than July 23, 2010.
Roulette Township was awarded the $60,000 grant a year ago. To date there has been no correspondence to Roulette from CDBG that the paperwork wasn't specific enough in detail. When calls were made to Joe Pagano's office regarding this grant, the township was told that because of the economic downswing, the money was not readily available.
Sunday, January 3, 2010 7:50:00 AM EST
I guess that I will chime in so that people are aware of the facts, even though I am sure that I will be chastised for it.
As poster Sunday, January 3, 2010 7:50:00 AM EST stated, the last that we were told was that the grant was approved but we would have to wait until 2010 to receive it because of the state funding crisis that took place in 2009 with the budget. The paperwork was all filed in a timely fashion and correctly. There are very specific details in the request, and until I read this article, had no inclination to the contrary from Mr. Pagano's office.
The detail specific grant request was to partially fund, Roulette Township was going to have to come up with $20,000.00 of the $80,000 project cost, a water system betterment. This betterment was in 3 parts. Replace approximately 200 ft of old cast iron piping at the bottom end of 4th Street, install a 150gpm pump in Well #4 increasing its output from 60 gpm, and to install piping from Well #4 to the distribution system to increase the chlorine contact time for the water from this well with the flow increase making it conform to state standards.
What you all need to know is this, the increase in flow from Well #4 is not something that the Township has pulled out of the air to make things better, it is a REQUIREMENT mandated by the DEP. We are required to either increase the flow rate from an existing well or drill additional wells to allow an increase to meet state defined requirements. The supervisors have spent thousands of dollars testing this well to insure that it is capable of producing the additional flow. It was decided that this would be the best and most cost effective manner of meeting the state requirements.
That being said, Roulette Township is mandated to do this betterment. It is not an issue of, not having enough money to do it so we will wait until we do. It must be done, and done within a specific time frame. If the Township does not receive this grant, the burden of the entire cost will be put on the shoulders of the Township. What this means to you all, is there will be no alternative, other than to secure a loan for the total cost, triggering a necessity for a substantial rate increase to all of it's customers. I am sure that this is something that none of you want.
So, rather than spending your time bashing the Township, the Supervisors, the Employees, the County, and the Presidents, your time would be better spent utilizing the link that was supplied in the article to email Mr. Pagano and tell him what you think.
Personally, I don't see how the needs of 1 family outweighs the needs of needs of 400+ families. I will be sending him an email next to make sure he knows what I am thinking as well. Let's hope that he will remember that the details were very specific in needs and requirements and reconsider his decision.
Sunday, January 3, 2010 11:07:00 AM EST
Thank you Jon for your input. I, too was not aware of any changes made to the funding from CDBG. If the township had infact made some errors when applying for this grant, we were not informed about any error, infact we were told that the funding was being delayed due to the economic crisis and also waiting to hear if the township needed to do another income survey. Somehow, now it has turned into "lack of detail" I also agree with you, instead of bashing the township, employees, the county, or whoever seems to be the bone of someone's contention, think past that and what this means to every tax payer in Roulette. You people that continually bash -- please stop as this is a very serious matter to the township and its residents.