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
Homeowners
-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
