SBA Deadline Approaching for New York Private Nonprofits Affected by Fred
(WENY) - The deadline for private nonprofits in the areas affected by Tropical Storm Fred is July 8th.
Nonprofits located in Steuben and Tioga counties are eligible to apply.
Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools and colleges.
The SBA offers federal Economic Injury Disaster Loans (EIDLs) to help eligible non-critical PNP organizations meet their working capital needs such as ongoing operating expenses.
Loan amounts can be up to $2 million with an interest rate of 2 percent, with terms up to 30 years.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at DisasterLoan.sba.gov/ela/s/ and should apply under SBA declaration #17224.