SBA Extends Disaster Loan Filing Deadline for Hurricane Ida Victims to January 10

  • The SBA has extended the deadline for filing applications for low-interest loans for damage from Hurricane Ida to Jan. 10. In this file photo, Governor Tom Wolf walks through Bridgeport, inspecting damage from the storm. Besides the governor, other local, state and federal officials were also present. (File photo by MediaNews group)

  • In this file photo, objects float in the floodwaters of the remains of Hurricane Ida in Norristown. (File photo by MediaNews group)

  • Rachel Ravina – MediaNews Group

    This file photo shows damage from Hurricane Ida to the Upper Dublin Township building in Fort Washington. (File photo by MediaNews group)

Pennsylvania businesses, nonprofits, landlords and tenants have had more time to apply for physical disaster loans due to the damage they suffered from the remnants of Hurricane Ida .

The deadline for filing a property damage claim has been extended to January 10, 2022.

Extending the deadline to Jan. 10 will allow storm victims more time to submit their emergency loan applications, according to Dorris Evans, spokesperson for the Disaster Assistance Office of the Small Business Administration.

This is the second extension, which Evans says came at the behest of Pennsylvania. The original filing deadline was November 9; the second deadline was December 10.

The remnants of the storm moved through the area in early September, causing flash flooding and several tornadoes, leaving behind extensive damage.

A federal declaration of disaster on September 10 allowed the Small Business Administration to begin accepting applications for low-interest disaster loans. The federal disaster declaration covered Chester, Delaware, Montgomery, Bucks, Philadelphia and York counties, with victims eligible for the agency’s physical and economic disaster loans.

Additionally, small businesses and most private nonprofit organizations in adjacent counties are eligible to apply for Economic Disaster Loans from the Small Business Administration. These counties include: Berks, Adams, Cumberland, Dauphin, Lancaster, Lehigh and Northampton in Pennsylvania; New Castle in Delaware; Baltimore, Carroll, Cecil and Harford in Maryland; and Burlington, Camden, Gloucester, Hunterdon, Mercer and Warren in New Jersey.

Evans said the Small Business Administration’s mission is to reach out to affected communities to provide as much help as possible.

“When the governor asked for disaster assistance and it was approved, we came and our expectation was to meet the needs of the community,” she added.


As of Friday afternoon, nearly $ 44 million had been awarded to 962 victims of the storm in Pennsylvania. A total of 3,800 applications were filed for home, business and EIDL loans.

In Chester County, 265 applications were received for real estate, commercial and EIDL loans, of which 120 were approved for a total of $ 7.5 million.

In Delaware County, 364 applications were received for real estate, commercial and EIDL loans, of which 47 were approved for a total of $ 1.7 million.

In Montgomery County, 597 applications were received for real estate, business and EIDL loans, of which 268 were approved for a total of $ 15.5 million.

Berks County, one of the adjacent counties, has so far received 4 requests. None have been approved to date.

Evans said the request approval process is still ongoing.

“Some nominations may still require the submission of additional information,” she said.

The help is to help businesses that do not have insurance or have insufficient insurance, according to Evans.

“But there are income and credit requirements. Some applications may be refused, ”she said, adding that applicants are encouraged to go through the reconsideration process if their application is denied.


Businesses and private nonprofits of any size can borrow up to $ 2 million to repair or replace property, machinery and equipment, inventory and other business assets damaged or destroyed by a disaster. .

Applicants may be eligible for an increase in the loan amount up to 20% of their physical damage, as verified by the Small Business Administration, for mitigation purposes. Qualifying mitigation upgrades may include a sump pump, elevation, French drain, or retaining wall to help protect the property and occupants from future damage from a similar disaster.

For small businesses, small farmer co-operatives, small businesses engaged in aquaculture, and most private nonprofit organizations, the Small Business Administration offers economic disaster loans to help meet fund needs. turnover caused by the disaster. Economic Damage Claim Assistance is available whether the business has suffered property damage or not.

For homeowners, disaster loans of up to $ 200,000 are available to repair or replace real estate damaged or destroyed by a disaster. Homeowners and tenants are entitled to up to $ 40,000 to repair or replace personal property damaged or destroyed by a disaster.

Interest rates for disaster loans are as low as 2.855% for businesses, 2% for nonprofits and 1.563% for landlords and tenants, with terms of up to 30 years . The amounts and terms of the loan are set by the Small Business Administration and are based on the financial status of each applicant.

To be considered for all forms of disaster assistance, applicants must register online at or download the FEMA mobile app. If online or mobile access is not available, applicants should call the FEMA toll-free helpline at 800-621-3362. Those using 711 relay or video relay services should call 800-621-3362.

Applicants can apply online using the Electronic Loan Application (ELA) through the SBA’s secure website at and should apply under the SBA statement # 17165, not for the COVID 19 incident.

Businesses and individuals can also obtain information and loan applications by calling the SBA Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard of hearing) or by sending an email to [email protected] Loan applications can also be downloaded from Completed applications should be mailed to: US Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The deadline for returning property damage claims is January 10, 2022. The deadline for returning economic damage claims is June 10, 2022.

Comments are closed.