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A physical disaster declaration has been secured to help homeowners, renters and businesses impacted by a September fire in Red Hook, according to Gov. Kathy Hochul's office.
"This emotional acknowledgement of the loss, like government is doing something for me," said David Benedek, owner of BSD Corp.
A review by the Small Business Administration found that 59 businesses sustained more than $9 million in damages from the Sept. 17 fire at 481 Van Brunt St.
The following groups may be eligible for SBA disaster loans:
- Homeowners: up to $500,000 to repair their primary residence.
- Homeowners and renters: up to $100,000 to repair or replace damaged or destroyed personal property.
- Business owners: up to $2,000,000 for the replacement of real property, inventories, machinery, equipment and other physical losses.
- Businesses and nonprofits: Economic Injury Disaster Loans of up to $2,000,000 to provide necessary working capital until normal operations resume after a disaster.
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