Small Business Administration Disaster Assistance for Anne Arundel County

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The Small Business Administration (SBA) announced on October 19, 2021 that businesses and residents of Maryland affected by the remnants of Tropical Storm Ida from August 31 to September 4, 2021 could apply for low-interest disaster loans.

SBA administrator Isabella Casillas Guzman made the loans available in response to a letter from Governor Larry Hogan on October 15, requesting a declaration of disaster by the SBA. The statement covers the counties of Anne Arundel, Cecil and Montgomery and the adjacent counties of Baltimore, Baltimore City, Calvert, Frederick, Harford, Howard, Kent, Prince George in Maryland; New Castle in Delaware; Chester and Lancaster in Pennsylvania; and Arlington, Fairfax and Loudoun in Virginia.

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Visit DisasterLoanAssistance.sba.gov/ela/s to apply online using the electronic loan application on the SBA’s secure website. Make sure you are applying under the correct statement: SBA statement # 17229. You can also call 800-659-2955 (800-877-8339 for the deaf and hard of hearing) or send an email [email protected] for disaster loan information and application forms.

The deadline for filing to return property damage claims is Friday, December 17, 2021. The deadline to return claims for economic damage is July 18, 2022.

Businesses and private non-profit organizations can borrow up to $ 2 million to repair or replace real estate, machinery and equipment, inventory and other business assets damaged or destroyed by a disaster.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private non-profit organizations, the SBA offers Economic disaster loans (EIDL) to help meet the working capital needs caused by the disaster.

Loans of up to $ 200,000 are available to eligible homeowners to repair or replace damaged or destroyed real estate. Homeowners and tenants are also eligible for loans of up to $ 40,000 to repair or replace damaged or destroyed personal property.

To help businesses and residents affected by the disaster, the SBA will open Disaster Loan Proximity Centers (DLOCs) in Anne Arundel and Cecil counties, as outlined below:

Anne Arundel County
Anne Arundel Economic Development
2660 Riva Road, # 200
Annapolis, Maryland 21401

Open: Thursday, October 21, 11 a.m. to 5 p.m. Hours: Monday – Friday, 8:30 a.m. to 5 p.m. Closed: Saturday and Sunday
Permanent closure: Friday November 5 at 4 p.m.

Cecil County
North East Branch Library
485 avenue Mauldin
North East, MD 21901

Opening: Thursday October 21, 11 a.m. – 5.30 p.m. Hours: Monday – Friday, 9 a.m. – 5.30 p.m. Opening: Saturday October 23 & 30, 10 a.m. – 2 p.m.

Closed: Friday October 29
Close on Sunday

Permanent closure: Friday, November 5, 4 p.m.

For more information visit https://www.sba.gov/.


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