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  • U.S. Small Business Administration Deadline to Apply for Working Capital Loans in North Carolina is April 26

    U.S. Small Business Administration Deadline to Apply for Working Capital Loans in North Carolina is April 26





    Atlanta, GA - - (March 28, 2017) - - The U.S. Small Business Administration is reminding businesses in North Carolina that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations affected by high winds, flooding and severe storms on July 16, 2016.

    “Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the April 26 deadline,” said Frank Skaggs, director of SBA Field Operations Center East.

    Low-interest disaster loans are available in the following counties: Chatham, Durham, Granville, Orange, Person and Wake in North Carolina.

    Working capital disaster loans up to $2 million are available at 4 percent for small businesses, and 2.625 percent for private nonprofit organizations with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred. To be considered for this assistance, eligible entities need to apply by the deadline.

    Survivors may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.

    Businesses may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing disastercustomerservice@s ba.gov . Loan applications can also be downloaded at www.sba.gov/disaster. Completed applications should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

    The deadline to return economic injury applications is April 26, 2017.



    Information source: U.S. Small Business Administration...
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  • U.S. Small Business Administration Economic Injury Disaster Loans Available in North Carolina Following Secretary of Agriculture Disaster Declaration for Drought

    U.S. Small Business Administration Economic Injury Disaster Loans Available in North Carolina Following Secretary of Agriculture Disaster Declaration for Drought


    Counties: Buncombe, Burke, Catawba, Cherokee, Clay, Cleveland, Gaston, Graham, Haywood, Henderson, Iredell, Jackson, Lincoln, Macon, Madison, Mecklenburg, Rutherford, Transylvania, Swain and Yancey






    Atlanta, GA - - (March 3, 2017) - - The U.S. Small Business Administration (SBA) announced today that federal Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations located in North Carolina as a result of the drought that began on Nov. 1, 2016.

    The SBA’s disaster declaration includes the following counties: Buncombe, Burke, Catawba, Cherokee, Clay, Cleveland, Gaston, Graham, Haywood, Henderson, Iredell, Jackson, Lincoln, Macon, Madison, Mecklenburg, Rutherford, Transylvania, Swain and Yancey in North Carolina.

    Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

    The loan amount can be up to $2 million with interest rates of 2.5 percent for private nonprofit organizations and 3.125 percent for small businesses, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

    Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.

    Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@s ba.gov(link sends e-mail). Loan applications can be downloaded from the SBA’s website at www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

    Completed loan applications must be returned to SBA no later than October 23, 2017.




    Information source: U.S. Small Business Administration...
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  • Federal Reserve Board Announces Approval of Application by F.N.B. Corporation

    Federal Reserve Board Announces Approval of Application by F.N.B. Corporation

    Federal Reserve Board Announces Approval of Application by F.N.B. Corporation




    February 27, 2017


    Washington, DC - - (February 24, 2017) - - The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by F.N.B. Corporation, Pittsburgh, Pennsylvania, to merge with Yadkin Financial Corporation, Raleigh, and thereby indirectly acquire its wholly owned subsidiary, Yadkin Bank, Statesville, both of North Carolina.



    Information source: Board of Governors of the Federal Reserve System...
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  • Deadline Approaching in North Carolina for U.S. Small Business Administration Working Capital Loans

    Deadline Approaching in North Carolina for U.S. Small Business Administration Working Capital Loans



    Clay, Jackson and Macon counties in North Carolina as a result of the drought that began on July 12, 2016.


    February 24, 2017


    Atlanta, GA - - (February 21, 2017) - - The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that March 21 is the filing deadline for federal economic injury disaster loans in Clay, Jackson and Macon counties in North Carolina as a result of the drought that began on July 12, 2016.

    “These counties are eligible because they are contiguous to one or more primary counties in Georgia. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.

    Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.

    The loans are for working capital and can be up to $2 million with interest rates of 4 percent for eligible small businesses and 2.625 percent for nonprofit organizations, and terms up to 30 years.

    Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.

    Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@s ba.gov(link sends e-mail). Loan applications can be downloaded from the SBA’s website at www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

    Completed loan applications must be returned to SBA no later than March 21, 2017.



    Information source: U.S. Small Business Administration...
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  • Registration Deadline Passes but FEMA is Still Here to Help North Carolina Survivors

    Registration Deadline Passes but FEMA is Still Here to Help North Carolina Survivors



    January 26, 2017


    Durham, NC - - (January 25, 2017) - - The deadline for registering with FEMA has passed, but that does not mean FEMA is leaving. Much work remains to be done in North Carolina and FEMA continues working with North Carolina Emergency Management to help survivors and communities recover.

    Three disaster recovery centers are still open in Cumberland, Edgecombe and Robeson counties.

    If you have registered for assistance, FEMA encourages you to keep in touch to track your claim or to notify the agency of changes to your mailing or email addresses or phone numbers, and to report insurance settlements or additional damage you may have discovered since your home inspection.

    There are three ways to reach FEMA:
    • Online at DisasterAssistance.gov.
    • Call the FEMA Helpline at 800-621-3362 for voice, 711 and Video Relay Service. If you are deaf, hard of hearing or have a speech disability and use a TTY, call 800-462-7585.
    • Download the FEMA Mobile App.




    The application deadline for a U.S. Small Business Administration low-interest disaster loan also has passed. For information, call the SBA Disaster Assistance Customer Service Center at 800-659-2955, or email disastercustomerservice@S BA.gov or visit SBA’s website at www.sba.gov/disaster. If you are deaf, hard-of-hearing or have a speech disability and use a TTY, call 800-877-8339.

    As of the end of the registration period, Monday, Jan. 23:
    • More than 80,700 survivors have contacted FEMA for assistance.
    • More than $90.1 million has been approved for individuals and families.
    • More than $84.2 million in SBA low-interest disaster loans for homeowners, renters and business owners has been approved.
    • More than 5,700 National Flood Insurance Program claims have been submitted.
    • Nearly $134 million total amounts has been paid on approved NFIP claims.




    FEMA and NCEM operated 20 disaster recovery centers. More than 28,000 people have visited the centers located throughout the 45 designated counties to receive information and advice for their recovery.

    In addition, Disaster Survivor Assistance teams have visited more than 84,000 homes and talked to almost 44,000 survivors about how FEMA can help in recovery efforts, to answer survivors’ questions and, if needed, to assist with helping survivors register.

    Public Assistance work is well underway with its task of reimbursing state, tribal and local governments and certain private nonprofit organizations for their recovery work. To date, more than $8 million has been obligated. The Public Assistance program is administered by NCEM and funded by FEMA.

    For more information on North Carolina’s recovery, visit fema.gov/disaster/4285 and readync.org. Follow FEMA on Twitter at @femaregion4 and North Carolina Emergency Management @NCEmergency.


    Information source: Federal Emergency Management Agency...
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  • Disaster Recovery Resource Fair Provides Advice on Hurricane Recovery

    Disaster Recovery Resource Fair Provides Advice on Hurricane Recovery

    Disaster Recovery Resource Fair Provides Advice on Hurricane Recovery


    :


    January 24, 2017



    Durham, NC - - (January 23, 2017) - - Area homeowners as well as renters and business owners whose properties were damaged by Hurricane Matthew flooding can find information and guidance on their next step at the Lumberton Disaster Recovery Resource Fair.

    The resource fair will be held from 10 a.m. to 3 p.m. Saturday, Jan. 28 at the Goldsboro Event Center, 1501 South Slocomb St., Goldsboro, NC 27530. This is a rescheduling of the disaster recovery fair that was cancelled due to the winter storm.

    Bilingual and American Sign Language interpreters will be on hand.

    Do you have a particular recovery issue that puzzles you? Specialists in disaster recovery will be available for one-on-one discussions and to answer your questions.

    Topics include:
    •  Housing resources
    •  Sheltering at home
    •  Flood insurance
    •  Foreclosure prevention
    •  Housing counseling
    •  Unemployment
    •  Title issues/successions
    •  Legal services
    •  Disaster tax relief
    •  Mitigation
    •  Various types of loans and more.



    Participants include: North Carolina Emergency Management, North Carolina Legal Aid, U.S. Department of Agriculture, U.S. Department of Housing and Urban Development, U.S. Department of the Interior, U.S. Small Business Administration, American Red Cross, FEMA, National Flood Insurance Program and others.

    For more information or directions, call 336-851-8058.

    For more information on North Carolina’s recovery, visit fema.gov/disaster/4285 and readync.org. Follow FEMA on Twitter at @femaregion4 and North Carolina Emergency Management @NCEmergency.




    ^

    Information source: Federal Emergency Management Agency...
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  • Federal Emergency Management Agency Offers Repair, Rebuilding Advice at Local Community Facilities in Hyde, Bertie, Bladen and Duplin Counties

    Federal Emergency Management Agency Offers Repair, Rebuilding Advice at Local Community Facilities in Hyde, Bertie, Bladen and Duplin Counties








    January 14, 2017


    Durham, NC - - (January 13, 2017) - - Federal Emergency Management Agency (FEMA) mitigation specialists will be on hand next week at four local community facilities to answer questions and offer home improvement tips along with proven methods to prevent or reduce damage from future disasters. They also will offer tips and techniques to build hazard resistant homes.

    Most of the information and the free publications provided are geared for do-it-yourself work and general contractors.

    Recovery topics to be covered include flood insurance, elevating utilities and rebuilding flooded homes.

    FEMA advisors will be available from 8 a.m. to 5 p.m. Tuesday, Jan. 17 through Friday, Jan. 20 at the following locations:

    Hyde County

    Government Center


    30 Oyster Creek Road

    Swan Quarter, NC 27885


    Bertie County

    Windsor Community Building


    201 South Queen Street

    Windsor, NC 27983


    Bladen County

    Bladen County Library


    111 N. Cypress Street

    Elizabethtown, NC 28337


    Duplin County

    Dept. of Social Services


    423 North Main Street

    Kenansville, NC 28349

    Free reference booklets with information on protecting your home from flood damage will be available at all locations. More information about strengthening property can be found at www.fema.gov/what-mitigation.

    North Carolina survivors who have questions about their flood insurance policies and coverage should call the FEMA Helpline at 800-621-3362 (Option 2) for voice, 711 and Video Relay Service. If you are deaf, hard of hearing or have a speech disability and use a TTY, call 800-462-7585. Specialists can help with service claims, provide general information regarding policies and offer technical assistance to aid in recovery.

    For more information on the North Carolina recovery, visit fema.gov/disaster/4285 and readync.org. Follow FEMA on Twitter at @femaregion4 and North Carolina Emergency Management @NCEmergency.


    ^

    Information source: Federal Emergency Management Agency...
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  • Now is the Time to Register with Federal Emergency Management Agency

    Now is the Time to Register with Federal Emergency Management Agency

    Now is the Time to Register with Federal Emergency Management Agency





    January 14, 2017


    Durham, NC - - (January 12, 2017) - - With the two-week extension for those affected by Hurricane Matthew in North Carolina, survivors who have not registered with FEMA for damage from the storm should do so now.

    Governor Roy Cooper requested the extension so that residents could have more time to register or reconsider registering with FEMA. State and FEMA officials hope those who suffered flood damage from Hurricane Matthew Oct. 4 - 24, 2016 will take this extra time to do so.

    You may be a survivor who has previously not wanted to register. If you had damage from Hurricane Matthew’s floods, FEMA recommends you should reconsider. Don’t overlook possible help. Perhaps you’ve been meaning to register for assistance but it keeps slipping your mind. Make a plan to register as soon as possible. And, remember, the deadline is now Monday, Jan. 23, 2017.

    Registration is convenient and easy. Survivors who still need to register with FEMA may do so:


    • Online at DisasterAssistance.gov.

    • Call the FEMA Helpline at 800-621-3362 for voice, 711 and Video Relay Service. If you are deaf, hard of hearing or have a speech disability and use a TTY, call 800-462-7585.

    • Download the FEMA Mobile App and apply.

    • Visit one of the three FEMA/North Carolina Emergency Management Disaster Recovery Centers in Fayetteville, Lumberton and Tarboro.To find a disaster recovery center near you, call the FEMA Helpline or text DRC and your zip code to 43362. You also can find a center near you online to fema.gov/drc.



    FEMA assistance for homeowners and renters may include grants for rent, temporary housing and home repair to their primary residence, transportation as well as other serious disaster-related needs, such as medical and dental expenses or funeral and burial costs.


    If you have been offered an application for a U.S. Small Business Administration low-interest disaster loan, the deadline to submit the completed document also has been extended to Jan. 23.

    Submitting a loan application does not imply your acceptance of a loan, but it is a necessary step to being considered for other forms of disaster assistance.

    Even if you have insurance, you should still register because your insurance may not cover all of your losses.

    For more information, applicants may contact SBA’s Disaster Assistance Customer Service Center by calling 800-659-2955, emailing disastercustomerservice@s ba.gov, or visiting SBA’s website at SBA.gov/disaster. Deaf and hard-of-hearing individuals may call 800-877-8339. SBA representatives also are available at any disaster recovery center, SBA disaster loan outreach center, or business recovery center. SBA Business Recovery Centers are located in Greenville, Fayetteville and Lumberton.

    If you need advice in repairing or rebuilding your home, take advantage of the following events taking place this week:

    Homeowners, renters and business owners whose properties were damaged by Hurricane Matthew flooding can find information and guidance on their next steps toward recovery at the Lumberton Disaster Recovery Resource Fair.

    The resource fair will be held from 10 a.m. to 3 p.m. this Saturday, Jan. 14 at the Robeson Community College Workforce Business Center – Building 18. The center is located at the college at 5160 Fayetteville Road, Lumberton.

    FEMA representatives are conducting Mitigation outreach, which includes advice as well as free pamphlets and brochures, through Friday at the following locations: Duplin County’s Building Inspection office, 119 Middleton Cemetery Lane, Kenansville 28349; Moore County’s Crain Creek Fire Department, 4525 Lobelia Road, Vass 28394; and Cypress Point Fire Department, Woodlake Station, 205 Murdock C Rd., Vass 28394. In Pender County, the event will be held at the Department of Planning and Zoning, 805 S. Walker St., Burgaw 28425.

    For more information on North Carolina’s recovery, visit fema.gov/disaster/4285 and readync.org. Follow FEMA on Twitter at @femaregion4 and North Carolina Emergency Management @NCEmergency.


    ^

    Information source: Federal Emergency Management Agency...
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