Browsing: sba

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Did you apply for a loan from the Small Business Administration (SBA) in the aftermath of Superstorm Sandy only to realize that you could have received free cash months later through Community Development Block Grant recovery funds? If so, you probably think it is unfair that you have to pay back a loan to the government…

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In the aftermath of Superstorm Sandy, many business and homeowners were left with tough financial decisions as to how to rebuild their lives. Many were offered loans by the Small Business Association (SBA) but rejected them because they didn’t want to incur more debt. Because of complex bureaucratic rules, business and homeowners who rejected the SBA loans are now being denied…

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The deadline to register for FEMA and SBA assistance is coming and this time there won’t be any more extensions, the agency warns. The final deadline is this Saturday, April 13. Below we are posting the relevant information on how to register as well as some new information on how federal assistance will affect your taxes and how…

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Every month it seems that we report on the deadlines to register for FEMA and SBA assistance and then a few days later, we learn that the deadlines have been extended another month. Well, today it has happened again. The original deadline set for March 29 has been extended an extra 15 days until Saturday,…

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FEMA has shown a remarkable degree of fairness in extending its deadlines to register for disaster assistance, and it actually comes as no surprise that they have done so again. The previous deadline was set for today February 27, but has been extended another 30 days to March 29. The deadline also extends to complete and return low-interest SBA…

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The celebrated and beloved Totonno’s Pizzeria (1524 Neptune Avenue) has had a rough couple years in keeping its doors open. First they were hit by a fire in 2009, and more recently they were knocked out of commission by Superstorm Sandy. Still closed months after the storm struck, owners Cookie Cimineri and Antoinette Balzano have…

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The U.S. Small Business Administration announced the approval of $118 million in Disaster Assistance Loans for businesses and residents affected by Superstorm Sandy. The SBA also extended the filing deadline for physical property damage to January 28, 2013, and the deadline for economic injury applications to July 31, 2013. In a press release, Frank Skaggs,…

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Local New York City-based Congressional Representatives are banding together to urge FEMA to extend the deadline for small businesses affected by Superstorm Sandy to apply for disaster aid. A joint letter to FEMA, cosigned by nearly a dozen Congressional Representatives, argues that the deadline, currently set at December 31, is too soon and should be…