Financial aid is available to Pennsylvania residents impacted by heavy flooding on April 11 and 12.
“The flooding in southwestern Pennsylvania has been devastating, and I remain committed to helping Pennsylvanians recover and rebuild stronger than before,” said Gov. Josh Shapiro said in a news release. “That’s why we worked with the federal government to open up access to these low interest loans as a tool to ensure homeowners and business owners have the support they need and can recoup unforeseen losses.”
The Small Business Administration’s Disaster Loan program provides low-interest loans for homeowners, renters, private nonprofits and businesses located in disaster- declared counties that sustained damages from flooding.
Disasters were declared in Armstrong, Beaver, Butler, Washington and Westmoreland counties.
The SBA can provide up to $500,000 for homeowners to replace or repair their primary residences and up to $100,000 for homeowners and renters to replace or repair personal property. Businesses and most private nonprofits may apply for up to $2 million to cover disaster losses not fully covered by insurance.