Tuesday, May 11, 2010
Some Federal Disaster Aid Coming To Putnam
Congressman Bart Gordon has announced that the U.S. Small Business Administration is making loans available to help Putnam County small businesses recover from any losses caused by recent flooding. The Small Business Administration offers Economic Injury Disaster Loans to small businesses, small agricultural cooperatives and most private non-profit organizations to help alleviate financial hardship caused by the flooding. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage. Loans can be used to help businesses meet necessary financial obligations that they could have met had the disaster not occurred. Businesses have until February 4, 2011, to file for economic injury assistance. To apply, business owners must register with FEMA by calling 1-800-621-FEMA or by visiting www.fema.gov. Putnam County is currently eligible for the SBA assistance because it is adjacent to a county that has already been declared a disaster area by the President.