A big win for thousands of people hit hard by Tropical
depression Chantal.
On Friday, Governor Josh Stein announced the Small Business
Administration approved a disaster declaration for eight North Carolina counties
slammed by the storm.
“This
declaration will help families and business owners across central North
Carolina who are still reeling from the severe flooding caused by Tropical
Storm Chantal,” said Governor Josh Stein. “I want to thank the Small
Business Administration for swiftly approving this request. North Carolinians
are resilient and will get through this together.”
Homeowners, renters and businesses owners in Durham, Orange,
Alamance, Chatham, Person, and Wake counties may be
eligible for assistance.
Homeowners and renters can borrow up to $500,000 for repair
and construction costs.
Businesses and nonprofits can borrow up to $2 million to
repair or replace property.
Applications for SBA disaster loans can be submitted online using the MySBA Loan Portal or other locally announced locations.
