SBA Offers Disaster Assistance to Businesses & Residents of Vermont Affected by Storms & Flooding
The Small Business Association (SBA) is offering disaster assistance to businesses & residents of Vermont following the announcement of a Presidential disaster declaration due to damages from severe storms and flooding that began on July 7. Visit disasterloanassistance.sba.gov/ela/s/ or call 1-800-659-2955 to learn more.
Low-interest loans are available to Vermonters for:
- Physical Damage to Business: Loan of up to $2 million to qualified businesses or most private nonprofit organizations
- Economic (non-physical) Damage Assistance: Eligible small businesses, small agricultural cooperatives, and most private nonprofit organizations could receive additional support for non-physical damage.
SBA Business Recovery Centers are opening for Customer Service Representatives to assist business owners and residents in filling out a disaster loan application, accept documents for existing applications, and provide updates on an application’s status. Centers will operate as indicated below until further notice:
Business Recovery Center – Washington County
Vermont Chamber of Commerce
Berlin, VT 05641
Opening: Tuesday, July 18, 8 a.m. to 5 p.m.
Hours: Monday to Saturday, 8 a.m. to 5 p.m.
Business Recovery Center – Windsor County
Engel & Völkers Okemo Building
Ludlow, VT 05149
Opening: Wednesday. July 19, 8 a.m. to 5 p.m.
Hours: Monday to Sunday, 8 a.m. to 5 p.m.
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