Hurricane Sandy Online ELA Disaster Loan Applications
Author: U.S. Small Business Administration : Contact: -
Published: 2012-11-06 : (Rev. 2014-11-28)
Synopsis and Key Points:
Electronic loan application (ELA) for homeowners renters and businesses to apply for a disaster loan for Hurricane Sandy damages in New York.
The U.S. Small Business Administration's electronic loan application (ELA) is the speedy, user-friendly way for homeowners, renters and businesses to apply for a disaster loan for Hurricane Sandy damages in New York. The ELA provides a convenient alternative to visiting a Disaster Recovery Center or mailing in a paper loan application.
As a disaster victim, you may now apply for disaster loan assistance at your own convenience through the Electronic Loan Application (ELA). The ELA simplifies the application process and speeds delivery of assistance to you. The ELA allows anyone whose home or business was damaged by a declared disaster to apply for disaster loan assistance. Homeowners and renters can apply for damages to their home, personal property, and vehicles. Businesses can apply for damages to their real estate or business contents and for economic losses - www.sba.gov/content/applying-disaster-loan
The online program checks for errors, prompts for more information when needed and provides a quicker decision than the hand-written applications. Visit https://disasterloan.sba.gov/ela to apply online.
"We want everyone impacted by Hurricane Sandy to take advantage of the federal programs that are available to help them with their uninsured losses. In times of disasters, SBA provides low-interest disaster loans to fund repairs to homes, personal property and businesses losses. As a result of registering with FEMA, many homeowners and renters are referred to SBA even though they do not own a business. There is no cost to apply and there is no obligation to take the loan if it is offered. However those that do not submit their SBA disaster loan applications may limit their recovery options and the opportunity to be referred to other agencies," said Jorge Silva-Puras, SBA Regional Administrator.
The disaster declaration covers the counties of:
- Kings, Nassau,
- New York,
In New York, which are eligible for both Physical and Economic Injury Disaster Loans from the SBA.
Small businesses and most private non-profit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans:
- Fairfield in Connecticut;
- Bergen, Hudson and Passaic in New Jersey
Disaster home and business loans are available to repair disaster damaged real estate and replace damaged contents. Economic Injury Disaster Loans are available for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes having difficulties meeting operating expenses because of the disaster.
Interest rates are as low as 1.688 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses, with maximum up to 30-year repayment terms.
Individuals and business owners who sustained losses in the designated counties can apply for assistance by calling 1-800-621-FEMA (3362).
Disaster assistance applicants, who have a speech disability or hearing loss and use TTY, should call 1-800-462-7585 directly; for those who use 711 or Video Relay Service (VRS), call 1-800-621-3362.
The toll-free telephone numbers will operate from 7 a.m. to 10 p.m. (local time) seven days a week until further notice. Those in affected areas with access to the internet may register by web enabled mobile device at m.fema.gov, or online at www.DisasterAssistance.gov
Additional details on the locations of Disaster Recovery Centers and the loan application process can 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 sending an e-mail to DisasterCustomerService@sba.gov
The filing deadline to return applications for physical property damage is December 31, 2012. The deadline to return economic injury applications is July 31, 2013.
For more information about the SBA's Disaster Loan Program, visit www.sba.gov
- 1: What to Do if You Are Stuck in an Elevator : National Elevator Industry Inc. (NEII) (2016/01/19)
- 2: NIST Study Provides Voice for Evacuation Needs of Mobility Impaired : National Institute of Standards and Technology (NIST) (2016/08/26)
- 3: Overseas Emergency Services Phone Numbers : Disabled World (2018/12/19)
- 4: Underlying Medical Conditions That Increase Risk of Serious COVID-19 Illness for All Ages : Disabled World (2020/03/13)
- 5: Preparing for Natural Disaster for People with Disabilities and Other Special Needs : Excerpted by Brittney Bettonville - Lighthouse for the Blind - Saint Louis (2018/12/22)
- 6: 211 Assistance Services in Canada and U.S. : Disabled World (2012/06/08)
- 7: Wildfires: Before, During and After the Crisis : Wendy Taormina-Weiss (2012/07/02)
• Disabled World is strictly a news and information website provided for general informational purpose only and does not constitute medical advice. Materials presented are in no way meant to be a substitute for professional medical care by a qualified practitioner, nor should they be construed as such. Any 3rd party offering or advertising on disabled-world.com does not constitute endorsement by Disabled World. Please report outdated or inaccurate information to us.