Disaster Loans Available Due to Rain and Flooding

— Written By

The U.S. Small Business Administration (SBA) announced today that
federal  Economic  Injury Disaster Loans are available to small businesses,
small  agricultural  cooperatives,  small businesses engaged in aquaculture
and  private  nonprofit organizations located in North Carolina as a result
of the excessive rain and flooding that began on Sept. 1, 2016.

This  disaster declaration includes the following counties: Bertie, Camden,
Chatham, Chowan, Cumberland, Dare, Gates, Halifax, Harnett, Hertford, Hyde,
Johnston, Lee, Martin, Moore, Northampton, Pasquotank, Perquimans, Sampson,
Tyrrell, Wake and Washington in North Carolina.

“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 in Atlanta.

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. With the
exception  of aquaculture enterprises, SBA cannot provide disaster loans to
agricultural producers, farmers, or ranchers.

Thank you.

Mary S. Gipson
Public Affairs Specialist
U.S. Small Business Administration
Office of Disaster Assistance
Field Operations Center-East
101 Marietta Street NW, Suite 700
Atlanta, GA 30303
Tel:    (404) 331-0333, ext. 2207
Cell# : (202) 579-3172