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FEMA filing deadline extended for businesses, also
The deadline for small businesses harmed by superstorm Sandy to apply for federal disaster loans has been extended to Jan. 28, a Federal Emergency Management Agency official said Tuesday.
FEMA spokesman Ed Conley confirmed to Newsday that the Dec. 31 assistance deadline had been extended by his agency and the U.S. Small Business Administration, which runs the disaster loan program for FEMA.
Gov. Andrew M. Cuomo announced the deadline extension for individuals and families on Monday night but made no mention of small businesses.
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Conley said Tuesday, “The extension is for homeowners and renters registering for FEMA disaster assistance grants and for homeowners, renters and businesses applying for SBA low-interest recovery loans.
“The extension does cover businesses as well as homeowners and renters,” Conley said.
Last week, Reps. Carolyn McCarthy (D-Mineola) and Peter King (R-Seaford) joined other members of the metropolitan region’s congressional delegation in calling for the deadline to be extended to May 1.
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 on the loans start at 1.688 percent per year, and the term can be as long as 30 years.
Small business owners should call the SBA at 631-454-0750 or click here to visit www.sba.gov/category/navigation-structure/loans-grants/small-business-loans/disaster-loans
Photo: Luis Estevez, of Rockville Centre, stands in his family's storm-trashed business, Long Beach Food Center, in Island Park the day after superstorm Sandy ripped the door from the establishment and flooded the small grocery.