New Castle News
NEW CASTLE —
Lawrence County has been declared a disaster area as the result of storms and flooding in June and July.
The U.S. Small Business Administration made the declaration this week and noted it may make county residents eligible for low-interest disaster loans through the agency’s Disaster Loan Program.
Representatives of the Federal Emergency Management Agency, the Pennsylvania Emergency Management Agency and Small Business Administration toured areas of New Castle, Shenango Township and South New Castle that suffered damage from a July 10 storm.
Beaver, Butler and Mercer counties also have received disaster declarations by the SBA.
The SBA will provide low-interest loans of up to $200,000 to homeowners to repair or replace damaged or destroyed real estate and up to $40,000 to repair or replace personal property.
Renters are eligible for personal property losses, including automobiles.
Businesses and nonprofits can borrow up to $2 million in SBA loans to repair or replace real estate, inventory, machinery, equipment and all other physical losses.
Loan amounts and terms are set by the SBA based on each applicant’s financial qualifications.
State Rep. Jaret Gibbons, in announcing the declaration, said the SBA has established a disaster loan outreach center at the Lawrence County Community Action Center, 241 W. Grant St. The center will be open from Tuesday through Aug. 27. The hours of operation are 8:30 a.m. to 4:30 p.m. Mondays through Fridays and 10 a.m. to 2 p.m. Aug. 24. The office will be closed on Sundays.
Information also may be obtained by calling the SBA’s Customer Service Center at (800) 659-2955 or by e-mailing email@example.com. Residents may also visit the SBA’s secure website at https://disasterloan.-sba.gov/ela/Default.aspx
The deadline to return applications for physical property damage is Oct. 14. The deadline to return economic injury applications is May 14.