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Allegany County Office of Emergency Services Tackle Flash Flooding Damage


Resources For Property Damage and Business Losses from Recent Floods

From Jeffrey Luckey, Emergency Management & Fire Director, 7/21/21

Allegany County Office of Emergency Services is working with the New York State Homeland Security and Emergency Services to conduct damage assessments from the recent flash flooding events. We are currently creating a list of those affected in our area.

If your property or small business was affected by these recent events, please email the Emergency Services office at with the following information by JULY 22: Name, Address, Phone Number, pictures of the damage, pre-damage pictures if available, costs associated with clean up and your current insurance coverage in effect. Costs can be followed up at a later date as we realize that information may not be immediately available. In the meantime, please contact us with your information and description of damages.

Information regarding the potential funding is listed below:

Small Business Administration Disaster Loan Program

  • Small Business Administration (SBA) provides low interest disaster loans to homeowners, renters, businesses of all sizes and private, non-profit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed in a disaster. Financial assistance is available in the form of low interest, long-term loans. There are two types of disaster loans available.

Physical Disaster Loans

  • These loans are available to homeowners, renters, business of all sizes and nonprofit organizations and are a primary source of funding for permanent rebuilding and replacement of uninsured disaster damages to privately own real and/or personal property.
  • Damages must be to 25 or more homes or businesses any combination of both) with 40 percent or more of uninsured losses of the estimated fair replacement value or pre-disaster fair market value of damage property, whichever is lower.
  • In any such political subdivision, at least three businesses each sustain uninsured losses of 40 percent or more of the estimated fair replacement value or pre- disaster fair market value of the damaged property, whichever is lower, and, as a direct result of such physical damage, 25 percent or more of the workforce in their community would be unemployed for at least 90 days as a direct result of the physical damages.
  • Any business or private, non-profit organization located in a declared disaster area and incurred damage during the disaster to apply for a loan of up to $2 million if qualified.
  • Personal property loan can provide a homeowner or renter up to $40,000 to help repair or replace personal property.
  • Real property loan can provide a homeowner up to $200,000 to repair or restore their primary home to pre-disaster condition.
  • If SBA determines credit cannot be obtained elsewhere, the law sets a maximum interest rate of 4 percent per year.
  • Request to SBA for Physical Loan must be made by the Governor in writing within 60 days of the date of the disaster.

Economic Injury Disaster Loans

  • These loans are available to small businesses, small agricultural cooperatives and certain private non-profit organizations of all sizes that have suffered substantial economic injury resulting from a physical disaster or an agriculture production disaster designated by the Secretary of Agriculture.
  • Loans provide necessary working capital until normal operations resume after a disaster. The law restricts economic injury disaster loans to small businesses only.
  • Must have state certification that at least five small business concerns in a disaster area have suffered substantial economic injury as a result of the disaster and are in need of financial assistance not otherwise available on reasonable terms. The state certification must come from the Governor, must specify the county/counties or political subdivision in which the disaster occurred and must be delivered with supporting documentation within 120 days of the disaster occurrence.
  • The interest rate cannot exceed 4 percent per year, and the term cannot exceed 30 years. Term is determined by the ability to repay the loan.
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