News Releases

July 08, 2008

SBA to Assist Applicants in Middlebury, Ripton

WATERBURY, VT— Residents, small business owners, and non-profit agencies that suffered losses in the rain storms of June 14 and 15 will have an opportunity to meet with the Small Business Administration in Addison County this week. The SBA granted disaster declarations to Rutland, Addison, Bennington, and Windsor Counties following the storms.

The SBA was set up in Rutland for the past two weeks, and now will visit the towns of Middlebury and Ripton on Wednesday of this week (July 9); representatives will be at the town offices in Middlebury from 11am – 3pm and at the Elementary School in Ripton from 4pm – 8pm the same day. Interested persons or businesses from any eligible community can visit either site during those times.

Businesses, renters, homeowners, and non-profits in those towns and in all of the declared counties that sustained damage in the storm can now apply for loans to pay for damages and losses. That includes physical property and loss of possessions, including perishable food.

Renters and homeowners may be eligible for loans of up to $40,000 to repair or replace their damaged personal property. Homeowners could be eligible for up to $200,000 to repair or replace disaster damaged real estate.

Businesses of all sizes and private nonprofit organizations may be eligible for up to $1.5 million to repair or replace business assets physically damaged by the disaster -- including damage to buildings, machinery and equipment, furniture and fixtures, inventory, and other business assets.

For more information on SBA assistance, residents of Ripton can call Town Clerk Sally Hoyer at 388-2266 or Deb Karpak, Clerk to the Selectboard at 388-3465. Residents of Middlebury can call Assistant Town Manager Joe Colangelo 388-8100 extension 201. You can also visit the SBA website at www.sba.gov/services/disasterassistance.

Source: Vermont Emergency Management
Last Updated at: July 08, 2008 11:12:17