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

Written By

Photo of Jackie Murphy MillerJackie Murphy MillerNC AgVentures Grant Program Coordinator (919) 628-0163 jackie_miller@ncsu.eduANR/CRD - NC State University
Updated on Oct 31, 2016
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