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SBA representative tells Greer council deadlines extended for disaster loan programs; applications available online and by phone
Summary
A U.S. Small Business Administration official told the Greer City Council that deadlines for disaster assistance tied to the 2024 federal funding lapse have been extended and reviewed application options for homeowners, renters, businesses and nonprofits.
Arliss Green, public affairs specialist with the U.S. Small Business Administration, told the Greer City Council on March 2025 that the agency has reopened deadlines for disaster assistance related to declarations affected by last year’s federal funding lapse and reviewed options for physical-damage and economic-injury assistance.
Green said the SBA “offers 2 programs. We have 1 for physical damages, and we have 1 for economic injury.” She described the physical-damage loans as available to homeowners, renters, business owners and nonprofit organizations with physical losses, and said the economic-injury loans are for businesses and nonprofits that suffered loss of revenue even if they had no physical damage.
Green said the SBA extended application timeframes to give potential applicants more time after uncertainty during the funding lapse. She told the council the deadline was “extended a little further to June 30 of 20 25,” and also referenced a physical-damage application date of “04/27/2025” in her presentation materials. She asked the city to share application information on local channels and provided the agency website and a telephone contact for applicants.
Why it matters: The extension gives households, small businesses and nonprofits more time to apply for low-interest disaster loans or economic-injury assistance after the 2024 lapse in federal funding. The SBA’s programs can include long repayment terms and an initial interest-free period, which Green said could help applicants recover damaged property or revenue losses.
Details and next steps - Eligibility: Green said physical-damage loans require demonstrable physical loss; economic-injury loans are based on loss of revenue and are limited to businesses and nonprofits. - Terms: Green described incentives including no payments and no interest for the first year, competitive interest rates, and terms up to 30 years for eligible borrowers. - How to apply: Green directed residents and businesses to sba.gov/disaster and left a telephone contact and business card with city staff. She asked the council to share the information on city platforms to reach affected residents and businesses.
Council response and follow-up: Council members asked how to make the information available; city staff said they would post the SBA materials on official channels and that the communications director would help distribute the notice.
Contact and confirmation: Arliss Green identified herself as a public affairs specialist with the U.S. Small Business Administration and said she had provided the city’s staff member with application materials. The council did not take formal action; the item was informational. The council application of the materials and any further outreach will be handled through city communications and staff.
