The U.S. Small Business Administration (SBA) approved a program to provide financial aid to those impacted by Tropical Storm Debby in Clearfield and Indiana counties on Aug. 8-10, 2024.
The SBA’s Disaster Loan program provides low-interest loans for homeowners, renters, private non-profits and businesses located in disaster-declared counties that sustained physical damages from flooding. The SBA can provide up to $500,000 for homeowners to replace or repair their primary residences and up to $100,000 for homeowners and renters to replace or repair personal property. Businesses and most private non-profits may apply for up to $2 million to cover disaster losses not fully covered by insurance. Additionally, small businesses, small agricultural cooperatives and most private nonprofit organizations located in the declared disaster area that have suffered substantial economic injury may be eligible for an SBA Economic Injury Disaster Loan (EIDL).
Indiana County has a Disaster Loan Outreach Center located at the Indiana County Emergency Management Agency, 85 Haven Drive, Indiana, PA 15701. The location is open from 9 a.m. to 6 p.m. Monday through Friday and 10 a.m. to 2 p.m. Saturday. The site will be closed on Dec. 25 and Jan. 1, and permanently close on Jan. 4 at 2 p.m.
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