Billing Code 8026-09
SMALL BUSINESS ADMINISTRATION
Disaster Declaration # 17489 and # 17490; MONTANA Disaster Number MT-00158
Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of MONTANA
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 1.
SUMMARY: This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of MONTANA ( FEMA – 4655 – DR ), dated 06/16/2022.
Incident: Severe Storm and Flooding.
Incident Period: 06/10/2022 and continuing.
DATES: Issued on 07/07/2022.
Physical Loan Application Deadline Date: 08/15/2022.
Economic Injury (EIDL) Loan Application Deadline Date: 03/16/2023.
ADDRESS: Submit completed loan applications to:
U.S. Small Business Administration,
Processing and Disbursement Center,
14925 Kingsport Road,
Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416, (202) 205-6734.
SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of MONTANA, dated 06/16/2022, is hereby amended to include the following areas as adversely affected by the disaster.
Primary Counties:
Sweet Grass, Treasure, Yellowstone.
All other information in the original declaration remains unchanged.
(Catalog of Federal Domestic Assistance Number 59008)
Signed – Joshua Barnes
Joshua Barnes
Acting Associate Administrator
for Disaster Assistance
MONTANA DISASTER
Victims of severe storms and flooding in parts of Montana now have until October 17, 2022, to file various #IRS individual and business tax returns and make tax payments. Learn more: www.irs.gov/disasters [irs.gov]
#IRS extends upcoming deadlines, provides other tax relief for victims of severe storms and flooding in parts of Montana: www.irs.gov/disasters [irs.gov]
#IRS grants tax relief to victims of severe storms and flooding in Montana. Taxpayers in affected areas now have additional time, until October 17, 2022 for certain tax filings and payments. See www.irs.gov/disasters [irs.gov]
Tax relief is now available to victims of severe storms and flooding in parts of Montana, as part of a coordinated federal response based on damage assessments by @FEMA. For #IRS information on this, visit www.irs.gov/disasters [irs.gov]
Victims of severe storms and flooding in parts of Montana now have until October 17, 2022, to file various individual and business tax returns and make tax payments. Read more on #IRS relief at: www.irs.gov/disasters [irs.gov]
SBA Stands Ready to Assist Montana Businesses and Residents Affected by the Severe Storm and Flooding
SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to Montana businesses and residents as a result of President Biden’s major disaster declaration, U.S. Small Business Administration’s Administrator Isabella Casillas Guzman announced.
The declaration covers Carbon, Park and Stillwater counties as a result of the severe storm and flooding that began on June 10, 2022.
“SBA’s mission-driven team stands ready to help Montana’s small businesses and residents impacted by severe storm and flooding,” said Administrator Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.
Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Interest rates can be as low as 2.935 percent for businesses, 1.875 percent for private nonprofit organizations and 1.688 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
To be considered for all forms of disaster assistance, survivors must first contact the Federal Emergency Management Agency at www.disasterassistance.gov. As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955.
U.S. Small Business Administration Disaster Loan Assistance
- This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of MONTANA | Disaster Declaration
- Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters | Public Assistance Fact Sheet
- MORE information
Our SBDC team is here to help! If you have questions please reach out to lorene@bigskyeda.org or kayla@bigskyeda.org