Mayor Purzycki shares information from the Small Business Association on disaster relief in Delawares

January 26, 2022

Mayor Mike Purzycki is pleased to share with Wilmington residents and businesses the following information from the federal government regarding Hurricane Ida disaster assistance. The SBA press release is shown below.

Businesses and residents of Delaware affected by the remnants of Hurricane Ida from September 1-7, 2021 can apply for low-interest disaster loans from the U.S. Small Business Administration, the US Small Business Administration announced today. administrator Isabella Casillas Guzman SBA.

Administrator Guzman made the loans available in response to a letter from Delaware Governor John Carney on January 19, 2021, requesting a disaster declaration by the SBA. Businesses and residents in the declared area can now apply for low-interest disaster loans from the SBA.

The declaration includes the county of New Castle and the adjoining counties of Kent in Delaware; Cecil and Kent in Maryland; Gloucester and Salem in New Jersey; and Chester and Delaware in Pennsylvania.

“SBA’s mission-driven team is ready to help from Delaware small businesses and residents affected by the remnants of Hurricane Ida,” said Administrator Guzman. “We are committed to providing federal disaster loans quickly and efficiently, with a client-centric approach to help businesses and communities recover and rebuild.”

In accordance with Coronavirus (COVID-19) health precautions, SBA will not be establishing a field presence to assist survivors. However, the SBA will continue to provide customer service and conduct outreach virtually with webinars, phone support, and step-by-step application assistance.

The SBA has opened a virtual Disaster Loan Awareness Center to help survivors apply online using the Electronic Loan Application through the SBA’s secure website at [email protected] Virtual customer service representatives are available to help applicants complete the online application during these hours:

Virtual Disaster Lending Awareness Center (VDLOC)
Open: Monday, January 24 at 8 a.m.
Monday to Saturday (6 days/week)
Hours: 8:00 a.m. – 8:00 p.m.
Firm: Sunday
Call: (800) 659-2955

Survivors should contact the SBA Disaster Customer Service Center at (800) 659-2955 for assistance in completing their loan applications. The SBA will conduct an extensive awareness campaign to ensure those affected by the disaster have the opportunity to seek help.

“Businesses and private non-profit organizations can borrow up to $2 million to repair or replace real estate, machinery and equipment, inventory and other business assets damaged or destroyed by a disaster,” John said. Fleming, Delaware district director of the SBA.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations, the SBA offers Economic Disaster Loans (EIDLs) to help meet capital needs. turnover caused by the disaster. EIDL loan assistance is available whether or not the business has suffered property damage.

Aerial view of flooding on the east side of Wilmington Delaware. Photo by Saquan Stimpson

“Loans of up to $200,000 are available to homeowners to repair or replace damaged or destroyed property. Homeowners and tenants are eligible for loans of up to $40,000 to repair or replace damaged or destroyed personal property,” said Kem Fleming, director of SBA’s Field Operations Center East in Atlanta.

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

Interest rates are as low as 2.855 % for companies, 2 percent for non-profit organizations, and 1.563 percent for owners and tenants, with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial situation.

Applicants may apply online using the Electronic Loan Application (ELA) through the SBA’s secure website at and should apply under SBA statement #17326, not for the COVID-19 incident.

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

The filing deadline for returning property damage claims is March 25, 2022. The deadline for returning economic injury claims is October 24, 2022.

Comments are closed.