WASHINGTON, DC – Low-interest flooding disaster loans from the U.S. Small Business Administration (SBA) are available to Rhode Island businesses and residents following a Presidential disaster declaration due to severe storms, flooding and tornadoes occurring Sept. 10-13, 2023.
“SBA’s mission-driven team stands ready to help Rhode Islandsmall businesses and residents impacted by this disaster in every way possible under President Biden’s disaster declaration for certain affected areas,” said SBA Administrator Isabel Casillas Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”
The disaster declaration covers Providence County homeowners, renters, businesses/nonprofitssuffering damages which is eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in Providence County and in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Bristol and Kent in Rhode Island, Windham in Connecticut and Bristol, Norfolk, and Worcester in Massachusetts.
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