The U.S. Small Business Administration has declared a rural area disaster in New York due to the remnants of Tropical Storm Debby. This declaration allows affected residents and businesses in counties like Franklin and St. Lawrence to apply for disaster assistance loans. The period for the storm's impact was between August 8, 2024, and August 10, 2024. Deadlines for loan applications have been set for January 24, 2025, for physical damage, and August 25, 2025, for economic injury. Interested applicants can apply through the MySBA Loan Portal or contact the SBA for further assistance.
Simple Explanation
The government is helping people in some parts of New York because a big storm, called Tropical Storm Debby, caused a lot of problems in August 2024. People living there can ask for loans to fix their homes or businesses.