Extensions for FEMA and SBA Assistance

Wind damage from Sandy weakened many of Union Square Park's tree branches.

Wind damage from Sandy weakened many of Union Square Park’s tree branches.

We’re pleased to report that the deadline for small businesses to apply for disaster loans related to superstorm Sandy has been extended to January 28th. Small-business owners usually have 60 days after a natural disaster to apply for low-interest loans to make repairs, purchase merchandise and pay for other work necessary to reopen. Interest rates can be as low as 1.688 percent per year, and the term can be as long as 30 years. The previous deadline for assistance was December 31st.

Apply for Small Business Assistance (Small Business Administration)

Other resources:
Disaster Unemployment Assistance
FEMA’s Individuals and Households Program
New York State’s Small Business Development Center