Contact: Kristin Devoe, Kristin.Devoe@dhses.ny.gov, (518) 242-5153 May 21, 2015
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FINANCIAL HELP AVAILABLE FOR VICTIMS OF TROY FIREU.S. Small Business Administration makes loans available to help eligible New Yorkers recover from April 10 fire |
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The New York State Division of Homeland Security and Emergency Services (DHSES) today announced that victims of the April 10 fire at 352-354 Washington Street and 231-233 Fourth Street in the City of Troy may be eligible for low-interest small business loans to replace their homes, businesses, and personal property. Governor Cuomo requested that the U.S. Small Business Administration (SBA) make the loans available and grant a physical disaster declaration for Rensselaer County, along with Albany, Saratoga, Columbia, Washington, and Greene Counties. The American Red Cross provided emergency shelter and aid after the fire, which affected more than two dozen people and a business.
The SBA will open a Disaster Loan Outreach Center (DLOC) at the City of Troy Fire Headquarters located at 2175 6th Avenue, Troy, NY 12180. Representatives from SBA will be available to assist with the application process. The DLOC will be open from Wednesday, May 27 until Tuesday, June 2, 2015 at 4:00 p.m. Weekday hours will be 9:00 a.m. through 6:00 p.m., and hours on Saturday, May 30 will be 10:00 a.m. through 2:00 p.m. The DLOC will be closed on Sunday, May 31. The DLOC does not take appointments and operates on a walk-in basis only. The filing deadline to return applications for physical property damage is July 20, 2015. The deadline to return economic injury applications is February 19, 2016. Individuals and businesses may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela. Individuals and businesses may also obtain information and loan applications by calling the SBA's Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing disastercustomerservice@sba.gov. Loan applications can also be downloaded at www.sba.gov/disaster. Interest rates can be as low as 1.813 percent for homeowners and renters, 2.625 percent for non-profit organizations, and 4 percent for businesses, with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant's financial condition. About DHSES The Division of Homeland Security and Emergency Services (DHSES) and its four offices -- Counter Terrorism, Emergency Management, Fire Prevention and Control, and Interoperable and Emergency Communications -- provide leadership, coordination, and support for efforts to prevent, protect against, prepare for, respond to, and recover from terrorism and other man-made and natural disasters, threats, fires and other emergencies. For more information, visit the DHSES Facebook page, follow @NYSDHSES on Twitter, or visit dhses.ny.gov. |
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