SBA adds Alachua County to Florida Disaster Declaration

Press release from U.S. Small Business Administration

ATLANTA – The U.S. Small Business Administration (SBA) announced today the addition of seven primary counties and ten adjacent counties to the disaster declaration for Hurricane Helene that began on Sept. 23, giving more businesses and residents eligibility to apply for SBA’s low-interest disaster loan program.

The declaration covers Alachua, Baker, Bradford, Charlotte, Citrus, Collier, Columbia, Dixie, Duval, Franklin, Gilchrist, Gulf, Hamilton, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Leon, Levy, Madison, Manatee, Pasco, Pinellas, Putnam, Sarasota, Suwannee, Taylor, Union and Wakulla counties which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Bay, Broward, Calhoun, Clay, DeSoto, Flagler, Gadsden, Glades, Hardee, Hendry, Highlands, Liberty, Marion, Miami-Dade, Monroe, Nassau, Polk, St. Johns, Sumter, Volusia in Florida; Brooks, Charlton, Clinch, Echols, Grady, Lowndes, Thomas and Ware in Georgia.

Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.