CRISFIELD, Md.- A U.S. Small Business Administration Disaster Loan Outreach Center for victims of Superstorm Sandy is scheduled to open Jan. 22 in Crisfield.
The center will be located at #2 Mill Lane and will be open 8 a.m.- 5 p.m. Monday, Jan. 22 through Friday, Jan. 26, as well as Monday, Jan. 28.
According to the SBA, staff will be available at the center to issue loan applications, answer questions about the SBA's disaster loan program, explain the application process, help individuals complete their applications, and close approved disaster loans. No appointment is necessary to speak with a representative. Marylanders can also file an SBA application online at https://disasterloan.sba.gov/ela.
"At this stage of the recovery process, the emphasis for assistance shifts to meeting the long-term needs of Marylanders who suffered damage from Hurricane Sandy," said Ken Mallette, Executive Director, Maryland Emergency Management Agency. "We believe this SBA center meets the current needs of Somerset County residents and businesses."
The SBA provides low-interest disaster loans to cover the uncompensated losses for personal contents up to $40,000 for both homeowners and renters and up to $200,000 for homeowners for physical damage to their primary residence.
The SBA also provides low-interest loans up to $2 million for uncompensated physical losses suffered by businesses of any size and private non-profit organizations. Additionally, working capital loans, or Economic Injury Disaster Loans, are available for small businesses in the designated and adjoining counties. The combination of the two business loans cannot exceed $2 million.
Saturday, May 18 2013 10:19 AM EDT2013-05-18 14:19:20 GMT
DELMAR, Del-This week WBOC has been following the discussion about adding two more casinos in Delaware; one of them being in Sussex County. A house committee in the First State put a plan for two moreMore
This week WBOC has been following the discussion about adding two more casinos in Delaware; one of them being in Sussex County. A House committee in the First State put a plan for two more casinos temporarily on hold.More
Saturday, May 18 2013 10:27 AM EDT2013-05-18 14:27:28 GMT
DES MOINES, Iowa (AP)— Powerball officials say the jackpot has climbed to an estimated $600 million, making it the largest prize in the game's history and the world's second largest lottery prize. LotteryMore
A little more than a year after three tickets split a world-record lottery prize, the jackpot for Saturday's Powerball drawing was nearing historic territory.More
Two Ocean City brother, Samir and Basel Ramadan, are behind bars. Federal officals say the two are ringleaders of a cigarette smuggling ring that netted millions. Police have arrested 15 people in this case - and now they're trying to find out where is all the money. As WBOC's LeAnne Matach reports, neighbors of the two brother say they are shocked that something like this was happening in their community.More