PA Announces Low-Interest Loans for Those Affected by Huntingdon County Fire

Governor Tom Wolf announced the U.S. Small Business Administration (SBA) approved his request to declare a disaster in Huntingdon County after a devastating fire earlier this month destroyed dozens of apartments and one business.

“To lose one’s home to a fire, particularly during a pandemic, is almost incomprehensible,” said Governor Wolf. “These low-interest loans will help those affected replace what they’ve lost and get back on their feet.”

Homeowners, renters and businesses impacted by the fire in Huntingdon County, as well as neighboring counties Bedford, Blair, Centre, Franklin, Fulton, Juniata and Mifflin may be eligible for low-interest disaster loans through the SBA Disaster Loan Programs.

Low-interest loans of up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. SBA regulations permit loans up to $40,000 to repair or replace personal property. Businesses and nonprofits can borrow up to $2 million to restore damaged or destroyed buildings, inventory, equipment and assets. Loan amounts and terms are set by the SBA and are based on each applicant’s financial qualifications.

In accordance with health precautions for the Coronavirus (COVID-19), the SBA will not establish a physical Disaster Loan Outreach Center (DLOC) in the community to assist survivors. However, SBA will continue to provide first class customer service and conduct outreach virtually with webinars, skype calls, phone assistance and step-by-step application assistance.

To this end, SBA has opened a Virtual Disaster Loan Outreach Center (VDLOC) to help survivors apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at https://disasterloanassistance.sba.gov/ and there are virtual customer support representatives available to assist applicants with completing the online application.

Virtual Disaster Loan Outreach Center (VDLOC)
Open: Monday – Friday
Hours: 8 a.m. – 5 p.m.
Closed: Saturdays and Sundays
Email: FOCE-Help@sba.gov
Phone for Individuals & Businesses: (571) 422-1925 or (571) 422-6016