Residents of North Central Florida Eligible for Disaster Loans After Tropical Storm Elsa

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GAINESVILLE, Fla. (WCJB) – People and businesses in north-central Florida are now eligible to receive assistance from the U.S. government to help repair damage from Tropical Storm Elsa.

The Small Business Administration of the United States is providing disaster loans to a number of areas affected by the storm. Eligible North Central Florida counties include Alachua, Bradford, Columbia, Gilchrist, Levy, Marion, Putnam, and Union counties.

All businesses or homeowners in affected counties are eligible to apply for a loan and there is no penalty for doing so. The SBA also says that these loans cover certain areas that the insurance does not cover.

“It’s free to apply. It doesn’t cost anything, so don’t opt ​​out of the process. Let the SBA loan officer determine whether or not you are eligible, ”said Cecilia Filke Jacobson, public affairs specialist at the SBA.

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“Let’s say you qualify for a loan of up to $ 50,000, you don’t have to accept the full loan amount. You can say, ‘Okay, I don’t really want to take such a big loan, I just want a loan of $ 10,000.’ This is also good and there is no penalty. You can also decline a loan offer and say that you are not interested.

The deadline for applying for physical damage loans is September 20 and the deadline for economic damage is April 22, 2022.

To apply for a loan, click on HERE. And for more information, including loan types, interest rates, and requirements, click HERE.

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