On Feb. 3, 2025, SBA reported on availability of low interest federal disaster loans for Alaska private nonprofit (PNP) organizations due to storm, flooding Oct. 20-23, 2024
Eligible for PNPs that provide services of a governmental nature to repair or replace real estate, machinery and equipment, inventory, as well as other business assets.
SBA also offered Economic Injury Disaster Loans (EIDLs) for operating PNP expenses.
Deadline for applications for property damage is Mar. 31, for EIDLs, deadline is Oct. 31
On Jan. 16, FEMA reported President approved ALSK disaster aid.
FEMA reported President approved disaster declaration for Alaska to supplement recovery efforts in areas affected by severe storm and flooding from Oct. 20-23, 2024.
Public assistance federal funding is available to State, tribal and eligible local governments and certain private nonprofit organizations on a cost-sharing basis.
Funds area for emergency work and the repair or replacement of facilities.
Funding also available on cost-sharing basis for hazard mitigation measures statewide.
Feb. 2025 SBA Disaster Relief
On Feb. 3, 2025, SBA reported on availability of low interest federal disaster loans for Alaska private nonprofit (PNP) organizations due to storm, flooding Oct. 20-23, 2024
Eligible for PNPs that provide services of a governmental nature to repair or replace real estate, machinery and equipment, inventory, as well as other business assets.
SBA also offered Economic Injury Disaster Loans (EIDLs) for operating PNP expenses.
Deadline for applications for property damage is Mar. 31, for EIDLs, deadline is Oct. 31
