SBA: Disaster recovery loans top $10 million

  • In this aerial view looking to the north, a robust ocean entry plume can be seen rising from just offshore of Ahalanui Beach Park, which was inundated with lava Wednesday. Beyond this entry, a more diffuse plume from the ocean entry at Kapoho is visible (upper right). USGS photo

More than $10 million in federal disaster loans have been approved for Hawaii businesses and residents impacted by Kilauea volcano’s eruption.

Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA has authorized $989,500 for businesses and $9,211,900 for residents to help rebuild and recover from the lava disaster, which began May 3 in lower Puna.

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“SBA’s disaster assistance employees are committed to helping businesses and residents rebuild as quickly as possible,” Garfield said.

Businesses and residents who sustained damages are encouraged to register prior to the Aug. 13, 2018, deadline with the Federal Emergency Management Agency at www.disasterassistance.gov.

“Don’t miss out on any assistance you may be entitled to by not registering for help. You don’t need to wait for your insurance to settle or obtain a contractor’s estimate,” Garfield added.

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SBA continues to provide one-on-one assistance to disaster loan applicants at the Disaster Recovery Center located at Keaau High School.

Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hardofhearing may call (800) 877-8339.