The Christie Administration announced that low-interest Small Business Administration loans of up to $200,000 are now available to Cumberland County homeowners to repair damaged or destroyed real estate, resulting from flooding which took place on April 16, 2011. Homeowners and renters are also eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property.
“This program will help residents and businesses impacted by the April storms meet their long-term recovery needs,” said Governor Christie. “With these low-interest SBA loans, Cumberland County residents can finally begin the critical process of repairing and rebuilding their lives to regain a sense of normalcy.”
The SBA’s customer service representatives will be on hand at the Disaster Loan Outreach Center to answer questions about the disaster loan program, explain the process, and issue and help individuals complete their applications.
The Center will be open in Clayton until July 2, 2011; and the location and hours of operation are:
Gloucester County Office of Emergency Management
1200 North Delsea Drive
1st floor Conference Room
Clayton, NJ 08312
Monday-Friday – 9 a.m. – 5 p.m.
Saturday – 9 a.m – 1 p.m.