Federal disaster loans are now accessible to residents and businesses in Clearfield and Indiana Counties impacted by Tropical Storm Debby. These low-interest loans, approved by Governor Shapiro, offer significant financial assistance for repairs and recovery. The application process is underway, with support available through the SBA, ensuring a structured recovery for affected individuals and businesses.
Residents and businesses in Clearfield and Indiana Counties who were adversely affected by the flooding from Tropical Storm Debby can now access federal disaster loans to aid their recovery efforts. The U.S. Small Business Administration (SBA) has granted a disaster declaration approved by Governor Josh Shapiro, allowing low-interest loans to be offered to those impacted. The SBA’s Disaster Loan Program provides critical financial assistance, offering up to $500,000 to homeowners for repairs, $100,000 for personal property replacements, and up to $2 million for businesses and nonprofits requiring help for uninsured disaster-related losses.
Governor Shapiro expressed his commitment to the recovery efforts, stating, “The flooding caused by the remnants of Tropical Storm Debby was devastating for many Pennsylvanians across our Commonwealth, and my administration continues to work to do everything we can to help them recover and rebuild.” The declaration covers the damages incurred in August 2024, enabling residents of the affected counties to seek necessary financial support for repairs and economic recovery.
The ongoing recovery efforts from Tropical Storm Debby highlight the pervasive impact of severe weather events in Pennsylvania. The federal response, facilitated by the SBA, illustrates governmental support aimed at assisting local residents and businesses rebuild after natural disasters. This program aims to mitigate the financial burden on individuals and entities affected by the storm, reinforcing the resilience of communities in the wake of adverse weather conditions.
In summary, federal disaster loans are now available for those affected by Tropical Storm Debby in Clearfield and Indiana Counties, providing essential financial support for repairing damages and recovering from losses. With loan amounts ranging significantly for homeowners, personal property, and businesses, the initiative aims to facilitate a robust recovery process. Moreover, this assistance underscores the importance of governmental support during challenging times, as community members strive to rebuild their lives and restore stability.
Original Source: www.explorejeffersonpa.com
