Skip to content

Economic Emergency Disaster Loans Accessible to Upstate New York Business Owners Affected by Extreme Weather

Economic Emergency Disaster Loans Accessible to Upstate New York Business Owners Affected by Extreme Weather

August 30, 2024

Economic Emergency Disaster Loans Accessible to Upstate New York Business Owners Affected by Extreme Weather

Businesses impacted by extreme weather in July and August across upstate New York will now be eligible for disaster assistance loans. The Small Business Administration will offer loans for businesses to help ease financial burdens, as portions of New York state were hit with flooding, high wind, rain, and tornadoes this summer. These capital loans were created to help small businesses meet necessary financial obligations during disaster recovery. Eligible businesses can borrow up to $2 million over 30 years capped at four percent interest. Loans will be available to business owners in Cortland, Erie, Lewis, Ontario, Seneca, Tompkins, and Wyoming; and the contiguous New York counties of: Allegany, Broome, Cattaraugus, Cayuga, Chautauqua, Chemung, Chenango, Genesee, Herkimer, Jefferson, Livingston, Madison, Monroe, Niagara, Oneida, Onondaga, Oswego, Schuyler, St. Lawrence, Steuben, Tioga, Wayne, and Yates counties. Damages must have been on, or after, July 10th, 2024. Applications are due April 14th, 2025. For more information, please visit: https://www.sba.gov/funding-programs/disaster-assistance
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

February 3, 2025
Vermont Capitol Update
In his budget address and other public comments, Governor Phil Scott called…
Read More
February 3, 2025
NY Capitol Update: 2025 Executive Budget Proposal
The state has estimated budget gaps of $6.5 billion in 2027, $9.8 billion i…
Read More
January 31, 2025
Gov. Stein Announces $30 Million Grant Program For Small Busine…
Impacted businesses lost $18 billion in revenue because of the hurricane.
Read More
January 31, 2025
New York Labor Law Updates for Small Businesses
Did you miss NFIB NY’s labor law virtual event? You can watch the vide…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility