SAND LAKE, NY (NEWS10) – Assistance is on its way for businesses and residents who were affected by flooding in Rensselaer County in July.
“This is the first time I’ve experienced it and I don’t want to experience it again,” said Ronnie Daniel, an employee of a Sand Lake company.
The Small Business Administration (SBA) grants low-interest loans after Governor Hochul asked the office for a declaration of physical disaster. “It’s hard to be able to fund a disaster on your own,” said Kathy Cook, public affairs specialist. “I hope SBA disaster loans are the recovery answer for many businesses, homeowners and tenants.”
Despite the name, Cook said landlords and tenants can also request money, but time is running out to send in requests. The deadline is November 8. “The biggest problem is the reluctance to apply. Most people are reluctant to take out a disaster recovery loan, ”she said.
“You wouldn’t think you have to worry about tropical storms here at Averill Park, but hopefully it’s the worst we’ll ever see,” said business owner James Lilly. He said the impact to his business was small, but he worries about damage from future flooding, which is just another unpredictable issue that restaurants in the area will need to be concerned about.
“Not only are we dealing with personnel issues, but COVID is destroying the supply chain for us here in restaurants. So now they have that on top of everything they need to manage, ”Lilly said.
There is an in-person location where applicants can meet with an SBA representative in the town of Sand Lake. They are meeting with applicants until September 24 at 8428 NY Route 66 in Averill Park. A representative can also be reached at (800) 659-2955.