The U.S. Small Business Administration has issued a notice regarding a declaration of a major disaster for public assistance in Puerto Rico, due to Tropical Storm Ernesto. The declaration, dated November 27, 2024, allows Private Non-Profit organizations that provide essential services to apply for disaster loans through the MySBA Loan Portal. The incident period lasted from August 13 to August 16, 2024, and affected multiple municipalities. Loan applications for physical damage must be submitted by January 27, 2025, and for economic injury by August 27, 2025.
Simple Explanation
In November 2024, the U.S. said it would help some groups in Puerto Rico after a big storm by giving them money. These groups help people, and they can ask for money until next year.