County businesses, residents affected by December storms now eligible for federal disaster loans

From: Dylan Blaylock, Clackamas County Public & Government Affairs, 503-742-5917

Media and Interested Parties

The U.S. Small Business Administration (SBA) has announced that low-interest federal disaster loans are now available to businesses and residents in 12 Oregon counties that were affected by the winter storms, winds, flooding, landslides and mudslides that occurred from Dec. 6 to Dec. 23, 2015. Clackamas County is one of the 12 counties.

Starting this coming Monday, March 14, SBA representatives will be present at the Clackamas County Development Services Building, at 150 Beavercreek Road in Oregon City, to answer any questions about the loan program and help with applications.

This temporary SBA Disaster Loan Outreach Center will be open Monday through Friday, from 9 a.m. to 6 p.m., until Thursday, March 24. Another center will be hosted in Tillamook County.

More information can be found in the SBA press release online.

"This is an opportunity for small businesses and residents affected by last December's storms, high winds and landslides to obtain low-interest loans to assist in their recovery," said Clackamas County Emergency Management Director Nancy Bush.

SBA acted under its own authority to declare a disaster following the event.

The disaster declaration makes SBA assistance available in Clackamas, Clatsop, Columbia, Hood River, Lincoln, Marion, Multnomah, Polk, Tillamook, Wasco, Washington and Yamhill counties. Affected persons from any of these counties can come to the Clackamas County center.

Business and other organizations may borrow up to $2 million. Homeowners may borrow up to $200,000. The filing deadline for property damage is May 9. For economic injury applications, the deadline is Dec. 9.

For more information, members of the media may contact the SBA's Richard Jenkins at 916-735-1500.