WESTERLY, R.I. (AP) — A disaster recovery center operated by the Federal Emergency Management Agency in Westerly is transitioning to a loan outreach center to help those applying for federal disaster loans.
The U.S. Small Business Administration disaster loan outreach center will help homeowners and businesses with applications for low-interest loans related to damages from Superstorm Sandy. It will be open from Monday through Dec. 19 at the Misquamicut Fire Station in Westerly.
The deadline for applying for SBA loans is Jan. 15.
Loans are available to homeowners, business owners and nonprofits for disaster-related costs not covered by insurance. Homeowners can borrow up to $200,000 and businesses and nonprofits can get loans of up to $2 million.
FEMA’s disaster recovery center in Middletown is closing on Friday. One in South Kingstown already closed.