SBA Disaster Loans Now Available

Small Business Administration Issues Disaster Declaration for Norfolk, Bristol, Middlesex, Plymouth, Suffolk and Worcester counties

Residents and Businesses affected by the winter storms and flooding may be eligible for SBA Disaster Assistance in Norfolk, Bristol, Middlesex, Plymouth, Suffolk and Worcester counties.

Assistance is available for:

Physical Damages

Businesses and Private Nonprofits (PNP):

-Real Estate or Leasehold Improvements

-Machinery and Equipment

-Furniture and Fixtures

-Other Business Assets

Up to $2 million

And Economic Injury – Working Capital

Small Businesses and Private Nonprofits:

-Accounts Payable

-Normal Rental Expenditures

-Monthly Fixed Debts and Expenses

-Other Working Capital Needs

Up to $2 million


-Real Estate of Residence

Up to $200,000 for Primary Residence

 Homeowners and Renters

-Personal Property

(Including Automobiles)

Up to $40,000

There is a SBA Disaster Loan Outreach Center in the Town of Weymouth, McCulloch Building (McElroy Room) 182 Green Street Weymouth, MA 02191.  The office is open from Wednesday, May 9, 11 a.m. to 6 p.m. to Wednesday, May 16 at 4:30 p.m.

Application deadlines: for physical property damage is July 3, 2018 and for economic injury is Feb. 4, 2019


The FULL details are HERE