Pennsylvania Small Business Development Centers (SBDC)’s Post

👀 📣 Has your business been impacted by the drought in the Shenandoah Valley region? 💰 Federal Economic Injury Disaster Loans (EIDLs) are now available in Virginia for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began on July 16. The declaration includes the primary counties of Albemarle, Augusta, Clarke, Fauquier, Frederick, Greene, Highland, Loudoun, Madison, Page, Rappahannock, Rockingham, Shenandoah, Warren and Waynesboro and the adjacent counties of Bath, Buckingham, Charlottesville, Culpeper, Fairfax County, Fluvanna, Harrisonburg, Louisa, Nelson, Orange, Prince William, Rockbridge, Stafford, Staunton and Winchester in Virginia; Frederick, Montgomery and Washington in Maryland; and Berkeley, Hampshire, Hardy, Jefferson, Morgan, Pendleton and Pocahontas in West Virginia. “Working capital loans from the SBA are essential to eligible small businesses when the Secretary of Agriculture declares a disaster due to farmers’ crop losses,” said Francisco Sánchez, Jr., associate administrator for the SBA’s Office of Disaster Recovery and Resilience. “These loans help sustain rural economies when a disaster occurs.” Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions. For information on eligibilty and application process, visit https://lnkd.in/gCiKXvT 🕵♀️ Need some assistance in navigating the details? WE CAN HELP! Request an appointment here: https://lnkd.in/gJ4V-DM

SBA Economic Injury Disaster Loans (EIDLs) are available in certain counties in Pennsylvania for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to the July droughts. Declarations include PA-20005, MD-20002 and MD-20003. Find if your county is impacted & learn how to apply: 💻https://lending.sba.gov/ 📧disastercustomerservice@sba.gov 📲 800-659-2955 The SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions. 

Nebraska has nearly 80,000 miles of rivers and some of the most extreme, unpredictable weather in the nation. That combination makes flood prevention and mitigation tremendously important to protect homes, businesses, and infrastructure. The flood disaster of March 2019 had a disruptive effect on many of Nebraska’s waterways, rerouting entire river channels and creating new flood risks. DED is investing federal Community Development Block Grant – Disaster Recovery funds to support local efforts to mitigate these risks through the Infrastructure Match Program. https://lnkd.in/ghQJcS29

History of Disasters in Nebraska: DR-4225 In June 2015, Nebraska experienced a series of severe storms, tornadoes, straight-line winds, and flooding that led to widespread damage across the state. The federal government issued Disaster Declaration DR-4225 on June 25, 2015, to provide much-needed assistance to the affected areas. The disaster impacted multiple counties, causing significant damage to infrastructure, homes, and agricultural land. The storms and flooding resulted in extensive damage to the state's infrastructure. Over 1,500 miles of roads were damaged, with several bridges destroyed or severely affected. The cost of repairing these vital transportation routes was estimated at over $100 million. Public utilities and buildings were also heavily impacted, leading to additional costs for repairs and restoration. Residential areas were not spared, with hundreds of homes damaged or destroyed. The disaster affected over 1,000 homes, with many suffering severe damage. The estimated cost for housing repairs and rebuilding reached approximately $40 million. The flooding also forced evacuations, with many families displaced from their homes, requiring temporary shelter and assistance. Agriculture, a key sector in Nebraska, faced significant losses due to the disaster. Thousands of acres of farmland were flooded, resulting in the loss of crops and livestock. The agricultural damage was particularly severe, with losses estimated at around $250 million. This included damage to grain storage facilities, irrigation systems, and other farm infrastructure. Federal assistance under DR-4225 was crucial in supporting Nebraska's recovery. The Public Assistance program provided nearly $200 million for infrastructure repairs, including roads, bridges, and public buildings. Additionally, Individual Assistance grants totaling over $20 million were distributed to affected residents for temporary housing, home repairs, and other disaster-related expenses. The total economic impact of DR-4225 was estimated at over $500 million. Federal aid played a key role in helping the state recover, with funds allocated for both immediate relief and long-term rebuilding efforts. The disaster also underscored the importance of preparedness and resilience, leading to renewed efforts to strengthen infrastructure and improve emergency response systems across the state. The 2015 storms and flooding marked a significant event in Nebraska's history, highlighting the state's vulnerability to severe weather events. The lessons learned from DR-4225 have contributed to ongoing efforts to enhance the state's disaster preparedness and resilience, ensuring that communities are better equipped to handle future challenges.

Loudoun farmers eligible for SBA Drought Disaster Loans 🍎 What: The U.S. Small Business Administration (SBA) announced that federal Economic Injury Disaster Loans (EIDLs) are available in Virginia for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began on July 16.   Why: Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, and ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions. Learn more: https://lnkd.in/dV3EYm8f Photo: Great Country Farms via Visit Loudoun

Why Relying on Federal Disaster Assistance Is Risky Without Flood Insurance   Many homeowners mistakenly believe that federal disaster assistance will be enough to recover from flood damage. . However, it's essential to understand that such aid is not guaranteed and often comes in low-interest loans you'll need to repay. . Moreover, this aid is only available when a federal disaster is formally declared, which doesn't happen with all flooding events.   . In contrast, flood insurance provides direct financial compensation for losses, giving you a more reliable and immediate way to restore your home without the burden of additional debt. . Protect your investment by securing flood insurance, ensuring you are covered no matter the circumstances. . So, let's stay ahead of the curve and prioritize preparedness. Invest in flood insurance today to secure a brighter, more resilient future for your home and family. .  Please get in touch with our office for a complimentary phone consultation on any insurance-related questions. . >>> Hablamos Español <<< . https://lnkd.in/d8i7vf2B . [407] 243-9700 Office Hours, Monday through Friday; 9 a.m. – 5 p.m. 2319 South Goldenrod Rd. Orlando, FL 32822 .  #StormSurgeProtection #FloodInsuranceFlorida #BePrepared #ProtectYourSanctuary #allinsurancedepot #InsuranceSavings #CoverageMatters #InsureYourRide #InsuranceDeals #FullCoverage #LiabilityInsurance #ComprehensiveCoverage #StormSurgeProtection #FloodInsuranceFlorida #BePrepared #ProtectYourSanctuary #FloodSafety #FloridaLife #BeFloodSmart #FloodInsurance #HomeProtection #BePrepared #FloridaFloodRisk #StayProtected #FloodInsuranceAwareness #FloridaFloodRisk #FloodSafety #ProtectYourHome #FloridaWeather  

Federal Budget IQ's Charles Kieffer broke down the disaster response supplemental budget request from the Biden Administration. The original request of $98.6 billion has now been augmented. On November 27, 2024, the Biden Administration transmitted additional requests totaling $16.1 billion for repairs to federal facilities. The $98.6 billion request—primarily responses to Hurricane Helene and Hurricane Milton—are extensive. They include: $40 billion for FEMA's Disaster Relief Fund; $21 billion for USDA for crop and livestock losses; $12 billion for the HUD Community Development Block Grant Disaster program; $8.1 billion for DOT; and billions for other agencies and programs. Kieffer breaks down the request, likely legislative approaches for passage, and hurdles it will face on Capitol Hill. There is no question that the package will be trimmed though where and by how much is up in the air. For more, see the link below. #disaster #fy25 #continuingresolution #fema #disasterloan #congress #appropriations #hurricane #biden https://lnkd.in/gnhiv8kf

Kogi seeks FG’s intervention as flood ravages communities 14th October 2024 Kogi State is facing a devastating flood crisis, with 70 communities severely affected. The state government has appealed to the Federal Government for urgent intervention to mitigate the disaster. The situation is dire, with thousands of residents displaced and vital infrastructure destroyed. Addressing journalists at Kotonkarfe in Kogi Local Government on Monday, the State Commissioner for Information and Communications, Kingsley Fanwo, warned that a major “humanitarian crisis is brewing in the state, with close to two million people currently homeless". He said, “The National Emergency Management Agency cannot afford to wait any longer” as the State is already overwhelmed. “We are in a dire emergency situation at the moment, and this is tragic. The flood disaster here is devastating, with over 200 communities already submerged and close to two million people displaced". “As we speak, nine of the 21 Local Government Areas in the state are affected, which is almost 50% of the total number of Local Government Areas. We have opened about 68 IDP camps, but they cannot accommodate such a massive population. Schools, hospitals, and other infrastructure have been completely destroyed". “Seeing the elderly and young children in such distress is heartbreaking. We have not lost any lives because we activated the early warning and awareness plan. However, we are spending huge resources daily, but it is inadequate. We call on the Federal Government, international donor agencies, NGOs, and philanthropists to come to our aid", he said. The flood has ravaged communities in the Kogi Local Government Area, including Edeha, where the state's Deputy Governor, Joel Salifu, conducted an inspection tour. Salifu was accompanied by the Kogi Commissioner for Information and Communication, Kingsley Fanwo, and other members of the flood committee. Residents have been forced to flee their homes, seeking shelter on higher ground. The flood has also destroyed crops, livestock, and essential infrastructure, leaving many without access to basic necessities. The Kogi State Government's appeal highlights the need for swift action to address the flood crisis. The Federal Government must provide urgent assistance to affected communities, including relief materials, medical aid, and infrastructure repair.

In the latest from our #PFI blog, #ButlerSnow attorney Adam Parker provides a timely update on recent developments in disaster recovery financing and the renewed efforts for the creation of disaster recovery bonds following recent hurricane damage in the southeastern United States. Read more: https://bit.ly/3U4FNuK

Support Available for Flood-Affected Communities in NSW In light of the recent flooding that has impacted several regions in New South Wales, including Blue Mountains, Camden, Hawkesbury, Kiama, Liverpool, Penrith, Shellharbour, Shoalhaven, Sutherland, Upper Lachlan, Wingecarribee, Wollondilly, and Wollongong LGAs, I want to highlight the crucial support measures available for those affected. The Australian and New South Wales Governments are swiftly providing assistance through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA). Here's what's being offered: ✔️ Funding for Councils: Aid for local councils to cover the costs of cleaning up and restoring essential public assets. ✔️ Immediate Assistance for Residents: Eligible residents can receive support for emergency accommodation, small cash payments, and grants to replace lost essential household items. ✔️ Structural Repairs: Grants are available for eligible residents to undertake essential structural repairs to restore their homes to a safe condition. ✔️ Concessional Loans: Small businesses, primary producers, sports clubs, and non-profit organizations can access concessional interest rate loans to repair or replace damaged property. ✔️ Freight Subsidies: Primary producers can benefit from subsidies to transport livestock and fodder. Acting Federal Minister for Emergency Management Catherine King emphasized the urgency of the situation and assured affected communities of support throughout their recovery process. The NSW Minister for Emergency Services, Jihad Dib, expressed gratitude to emergency services and volunteers for their tireless efforts in keeping communities safe. He highlighted the proactive measures being taken to assess the impact of the flooding and unlock necessary assistance. For those seeking assistance or information, Service NSW can be contacted at 13 77 88 or through their website www.nsw.gov.au. To apply for concessional loans or primary producer grants, reach out to the NSW Rural Assistance Authority at 1800 678 593 or visit www.raa.nsw.gov.au. Additionally, further details on disaster assistance can be found on the Australian Government’s Disaster Assist website at www.disasterassist.gov.au. DCPM supports councils across Australia via the Disaster Recovery Funding Arrangements (DRFA) to PREPARE for, RESPOND to, and RECOVER from natural disasters. For more info, get in touch. https://lnkd.in/gHkQmxhy