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Haslam Requests SBA Assistance for Mid-TN Flood Recovery

Press release from the Office of Tennessee Gov. Bill Haslam; August 22, 2013:

NASHVILLE – Tennessee Gov. Bill Haslam has requested assistance from the U.S. Small Business Administration (SBA) to help individuals and businesses in Metro Nashville and Davidson County and its contiguous counties recover from the severe storms and flash flooding that occurred on August 8-9, 2013.

The additional Tennessee counties that would be eligible for SBA loans are Cheatham, Robertson, Rutherford, Sumner, Williamson and Wilson as damage to homes and businesses occurred in multiple locations.

A joint Tennessee Emergency Management Agency (TEMA) and SBA damage survey shows more than 190 homes and 46 businesses in Davidson County sustained minor or major damages and/or loss of inventory.

“The impact on affected individuals and business is significant, and a disaster declaration from the SBA will help speed their recovery from this flood,” Haslam said.

The SBA provides low interest disaster loans to homeowners, renters, businesses of all sizes, and private, non-profit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.

On Thursday, August 8, a severe weather front with heavy rain – in excess of 10-inches in some locations – moved across portions of Davidson County and Sumner and Wilson counties. First responders performed nearly 200 water rescues and high water covered numerous roadways and low-lying areas.

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Haslam Requests SBA Disaster Recovery Assistance for Severe Flooding

Press release from the Office of Tennessee Gov. Bill Haslam; July 31, 2013:

NASHVILLE – Tennessee Gov. Bill Haslam has requested assistance from the U.S. Small Business Administration (SBA) to help individuals and businesses in Sullivan County and its contiguous counties recover from the severe storms and flash flooding that occurred on July 20-21, 2013.

The additional Tennessee counties that would be eligible for SBA loans are Carter, Hawkins, Johnson and Washington as damage to homes and businesses occurred in multiple locations.

A joint Tennessee Emergency Management Agency (TEMA) and SBA damage survey shows more than 88 homes and 65 businesses in Sullivan County sustained minor/major damages and loss of inventory. There was one reported death due to the storm.
“Tennesseans continue to recover from this storm, and SBA assistance would help these communities restore their homes and businesses,” Haslam said.

The SBA provides low interest disaster loans to homeowners, renters, businesses of all sizes, and private, non-profit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.

From July 20 to July 21, 2013, a severe weather front in east Tennessee spawned numerous severe wind shears and strong thunderstorms with straight-line winds often exceeding 30 miles per hour, according to the National Weather Service. Flood and wind damage occurred in multiple locations.

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Haslam Announces SBA Disaster Declaration for Late-April Floods

Press release from the Office of Tennessee Gov. Bill Haslam; May 10, 2013:

NASHVILLE – Tennessee Gov. Bill Haslam announced today the U.S. Small Business Administration (SBA) has granted his disaster declaration request for Stewart and its surrounding counties after severe storms and flash flooding occurred April 26, 2013.

The declaration includes Benton, Henry, Houston and Montgomery Counties, and an SBA disaster declaration makes homeowners and businesses affected by the disaster eligible for low-interest loans.

Those affected have until July 9, 2013, to apply for relief from the physical damage and until Feb. 10, 2014, to apply for relief from economic injury.

“This is good news, and these loans will help individuals whose homes and businesses were damaged more quickly recover,” Haslam said.

The interest rates for homeowners without credit elsewhere will be 1.875 percent. Loans for homeowners with credit elsewhere will be 3.750 percent. Interest rates for businesses will be four percent for those without credit elsewhere and six percent for businesses that have credit elsewhere.

Additionally, the SBA will open temporary offices to help homeowners and businesses with the disaster loan process. More information on SBA disaster loans is at: http://www.sba.gov/category/navigation-structure/loans-grants/small-busi….

The damage survey in Stewart County identified 40 homes with major damage and 19 homes with minor damage. There were eight businesses identified with major damage and two businesses with minor damage. Damage assessment teams also identified three other structures in Stewart County with major damage.

From April 26, to April 28, 2013, a severe weather front brought heavy precipitation into middle Tennessee and parts of west and east Tennessee. The National Weather Service (NWS) reported heavy rainfall totals of up to six inches that resulted in localized flash flooding.

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Haslam Requests Disaster Recovery Assistance from SBA

Press release from the Office of Tennessee Gov. Bill Haslam; February 11, 2013:

NASHVILLE – Tennessee Gov. Bill Haslam has requested assistance from the Small Business Administration (SBA) to help individuals and businesses in Henderson County and the contiguous counties recover from wind, tornado and flooding damages that occurred on Jan. 29, 2013. The additional counties that would be eligible for SBA loans are Carroll, Chester, Decatur, Hardin and Madison as damage to homes and businesses occurred in multiple locations.

A survey by the Tennessee Emergency Management Agency (TEMA) and the SBA indicates more than 25 homes and businesses in Henderson County sustained uninsured losses of 40 percent or more of their estimated pre-disaster fair market value.

“If Henderson County is designated by SBA, the assistance provided will help Tennesseans rebuild in the wake of these storms,” Haslam said.

The damage survey in Henderson County identified 37 homes with major damages, and 146 homes with minor damages. There were 11 businesses identified with major damages and two businesses with minor damages.

The SBA provides low interest disaster loans to homeowners, renters, businesses of all sizes and private, non-profit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.

To request a SBA designation for a county, the state must first be sure the state and affected communities will not qualify for the federal individual assistance program.

The Tennessee Emergency Management Agency and county officials have determined that Henderson and other counties affected by the January storm would not qualify for the Federal Emergency Management Agency’s individual assistance programs based on a formal assessment of the damages.

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Disaster Declaration for Upper East TN Floods

Press release from the Office of Tennessee Gov. Bill Haslam; August 17, 2012:

NASHVILLE – Tennessee Gov. Bill Haslam announced today the U.S. Small Business Administration (SBA) has granted his disaster declaration request for Washington and its surrounding counties after severe storms and flash flooding occurred Aug. 5, 2012.

The declaration includes Carter, Greene, Hawkins, Sullivan, Unicoi and Washington counties, and an SBA disaster declaration makes homeowners and businesses affected by the disaster eligible for low-interest loans.

“This is good news and will provide a measure of relief and recovery to the individuals whose homes and businesses were damaged earlier this month in Upper East Tennessee,” Haslam said.

The interest rates for homeowners without credit elsewhere will be 1.688 percent. Loans for homeowners with credit elsewhere will be 3.375 percent. Interest rates for businesses will be four percent for those without credit elsewhere and six percent for businesses that have credit elsewhere.

Additionally, the SBA will open a temporary office on Tuesday, Aug. 21, 2012, in the, Washington County Courthouse, 100 E. Main St. in Jonesborough, to help homeowners and businesses with the disaster loan process. More information on SBA disaster loans is at: http://www.sba.gov/category/navigation-structure/loans-grants/small-business-loans/disaster-loans.

On Aug. 5, a severe storm front moved across Tennessee cause numerous severe straight line winds and flash flooding, which continued through Aug. 6, 2012. The following weekend, teams from the Tennessee Emergency Management Agency, Federal Emergency Management Agency, SBA and local emergency management officials conducted a preliminary damage assessment in Carter, Unicoi and Washington counties. In Washington County, more than 25 uninsured homes and businesses experienced damage in excess of 40 percent of their replacement value. This damage was enough to qualify the county for an SBA disaster declaration.

Those affected have until Oct. 15, 2012, to apply for relief from the physical damage and until May 16, 2013, to apply for relief from economic injury.