HAGERSTOWN, MD (June 18, 2018) – Governor Larry Hogan has announced that the U.S. Small Business Administration (SBA) approved his request for a physical disaster declaration following flooding that began on May 15 and lasted for several days. This declaration will allow affected businesses, homeowners, and renters to apply for low-interest loans to repair damages.

State officials from the Maryland Emergency Management Agency (MEMA) joined Frederick County and SBA staff last week to assess damages in order to apply for this program. It was decided that people who live in adjacent counties – Carroll, Howard, Montgomery, and Washington—are also eligible to apply.

“Many businesses, homeowners, and residents were profoundly affected by the flooding that occurred in May,” said Governor Hogan. “The loans offered by the SBA are one important component of the rebuilding process. In addition, we are also seeking additional federal assistance through FEMA for which I have submitted a request for a major disaster declaration.”

SBA staff at these centers will help residents apply for low-interest loans to repair damaged homes and businesses.

Washington County’s disaster loan outreach center will be hosted at the Sharpsburg Fire Department, located at 110 W Chapline Street, Sharpsburg, MD 21782. The center will be open from Tuesday, June 19 through Tuesday, June 26 from 9:00am-6:00pm and Saturday, June 23 from 10:00am-2:00pm. The center will be closed on Sunday.

SBA provides low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace the following items damaged or destroyed in a declared disaster: real estate, personal property, machinery and equipment, and inventory and business assets. For more information, please visit  www.sba.gov .