New York Deadline To Apply For SBA Working Capital Disaster Loans Is April 25
ATLANTA, March 30, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that April 25 is the filing deadline for federal economic injury disaster loans available in New York as a result of the excessive rain, flooding and cooler than normal temperatures that occurred from March 1 through June 1, 2011.
The SBA's declaration includes the following New York counties: Albany, Allegany, Cattaraugus, Chautauqua, Chemung, Clinton, Columbia, Delaware, Dutchess, Erie, Essex, Franklin, Fulton, Genesee, Greene, Hamilton, Jefferson, Lewis, Livingston, Monroe, Montgomery, Ontario, Orleans, Oswego, Otsego, Rensselaer, Saint Lawrence, Saratoga, Schenectady, Schoharie, Schuyler, Steuben, Ulster, Warren, Washington, Wayne and Yates.
"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 eligible entities affected by the same disaster," said Frank Skaggs, director of SBA's Field Operations Center East.Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Except for aquaculture enterprises, agricultural producers, farmers and ranchers are not eligible to apply to SBA.
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