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Gov. Whitmer's Request for U.S. Small Business Administration Disaster Declaration Approved for Newaygo County
April 04, 2019
FOR IMMEDIATE RELEASE
April 4, 2019
Gov. Whitmer’s Request for U.S. Small Business Administration Disaster Declaration Approved for Newaygo County
. – Gov. Gretchen Whitmer today announced the U.S. Small Business Administration (SBA) has approved her request for an administrative declaration of disaster for Newaygo County. The declaration means residents and businesses affected by heavy rainfall and snowmelt on March 14 that resulted in widespread flooding are eligible to apply for SBA financial assistance. LANSING, Mich
.Kent, Lake, Mason, Mecosta, Montcalm, Muskegon, Oceana, and Osceola the neighboring counties of as well as, Countyn Newaygo iThe SBA disaster assistance program will make low-interest loans available to eligible residents and businesses
from the impacts of recent flooding.” The availability of these low-interest loans will provide some relief to our residents as they continue to recover,” Whitmer said. “iesountc and neighboring“I want to thank the SBA for recognizing the need for disaster assistance in Newaygo
.8-2March 26. The team conducted their assessment from area facilities across the affected otherssessment with federal and local leaders to review and validate the most severely damaged homes, businesses and aamage dBased on information provided by the Michigan State Police, Emergency Management and Homeland Security Division, state leaders requested a joint
nonprofit organizations to repair or replace real estate, personal property, machinery and equipment, inventory, and business assets that were damaged or destroyed. The SBA tailors the repayment of each disaster loan to the borrower’s financial capability.privateThe SBA disaster assistance program provides low-interest loans for homeowners, renters, businesses of all sizes and
The SBA will establish a disaster loan outreach center in the affected area for one-on-one assistance. Loan applications will also be made available online or by mail.
. affected area to communities in theassistance state makes available . The declaration resulted in widespread flooding damageMarch 14 after heavy rainfall and snowmelt on Newaygo County for 19 on March emergency declared a state ofWhitmer