SAVING SELMA: Small Business the Focus of Federal Disaster Recovery after Tornado
The city of Selma continues to pick up the pieces after the devastating tornado that tore a path of destruction through the city back in January.
SBA
SBA Now Focused on Effort to Stimulate Selma Economy
From the West Alabama Newsroom– Federal agencies continue to provide resources in Selma — to help the city bounce back from the devastation caused by the January 12th tornado. The Small Business Administration hosted a Small Business Community Forum at Wallace Community College Selma Tuesday. The event brought businesses and resources to help them together under one roof. Kem Fleming…
Deadline to Apply for Disaster Assistance a Week Away
From the West Alabama Newsroom– The deadline for January 12th storm victims to apply for federal disaster assistance — is only a week away. FEMA officials say the deadline for people impacted by the storm to apply for federal assistance — is March 16th. They say both Disaster Recovery Centers in Selma — will shut down on the deadline. So…
SBA Disaster Assistance Loans Available for Businesses
From the West Alabama Newsroom– The Small Business Administration wants to help business owners impacted by the January 12th tornado pick up the pieces after the disaster. Over a hundred businesses in the Selma area were damaged — during the January 12th tornado. Darrell Pratt’s barbershop on J. L. Chestnut Boulevard — was totally destroyed — when the tornado ripped…
FEMA & SBA Open Disaster Recovery Centers in Selma
From the West Alabama Newsroom– Two disaster recovery centers have opened up in Selma to try and help January 12th tornado victims — get back on their feet. The Small Business Administration — Business Recovery Center is located at Gospel Tabernacle Church on 2300 Summerfield Road. The SBA provides low-interest loans — to assist any business — non-profit — homeowner…
Businessman Accused of Faking Own Death to Avoid Prosecution for COVID-19 Loan Fraud
Authorities have captured a businessman accused of faking his own death to avoid prosecution for fraudulently seeking hundreds of thousands of dollars in forgivable loans intended for businesses struggling during the pandemic. The U.S. Marshals Service says David Staveley, who also goes by Kurt Sanborn, was captured last week in Georgia. Prosecutors say the Andover, Massachusetts, man sought nearly $440,000…
SBA Begins Accepting Paycheck Protection Program Applications, Governor Ivey Urges Residents to Take Adavantage
The Small Business Administration began accepting Paycheck Protection Program applications Monday, April 27. https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program TODAY: SBA will resume accepting #PaycheckProtectionProgram applications from participating lenders. Learn how to apply and find a lender near you. ▶️ https://t.co/HL8Y4ZtSSz — SBA (@SBAgov) April 27, 2020 Governor Ivey released the following statement, urging Alabama small businesses to take advantage of this critical tool: “Alabama…
Disaster Loan Outreach Centers in Alabama to Close Soon
The U.S. Small Business Administration is closing the four Disaster Loan Outreach Centers that opened following major flooding last year around Alabama. Flooding victims have until 3 p.m. Thursday, February 4 to access the centers. Officials say the centers are closing due to decrease in activity. The centers were set up in four counties, including Montgomery County, following flooding that…
FEMA Funds Available to Flood Victims
Federal funding will soon be available to Alabamians affects by December flooding. Thursday, President Obama declared a major disaster exists in the State of Alabama and ordered federal aid to supplement state and local recovery efforts in the area affected by severe storms, tornadoes, straight-line winds, and flooding during the period of December 23-31, 2015. Federal funding is available to state, tribal, and…
Loans Available for Victims of December Flooding
Bentley says loans are available through the Federal Small Business Administration for victims of the flooding event in December
MONTGOMERY, Ala. (AP) – Alabama Gov. Robert Bentley says loans administered through the federal Small Business Administration are available to help victims of late December storms repair damage to their property. Bentley said in a statement Friday that low-interest loan assistance has been approved for more than 20 counties — including Jefferson, Montgomery and Tuscaloosa — based on damage assessments…
