- Disaster Assistance
DONATE TO OREGON WILDFIRE RELIEF (Almeda/Glendower, Obenchain and surrounding fires)
Rogue Credit Union is supporting local families, communities and relief efforts affected by the Almeda/Glendower, Obenchain and other surrounding fires. Donations are tax deductible and will go to our local non-profits, designed specifically for assisting impacted families and rebuilding our communities.
Rogue Credit Union will not be disbursing funds directly to individuals. Please contact the Red Cross, United Way, Access or other local organizations for request for assistance.
SBA Stands Ready to Assist Oregon Businesses and Residents Affected by Wildfires and Straight-line Winds
Virtual Recovery Centers to Open Wednesday, Sept. 16
SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to Oregon businesses and residents as a result of President Trump’s major disaster declaration, U.S. Small Business Administration’s Administrator Jovita Carranza announced.
The declaration covers Clackamas, Douglas, Jackson, Klamath, Lane, Lincoln, Linn and Marion counties as a result of wildfires and straight-line winds that began Sept. 7, 2020.
“SBA is strongly committed to providing Oregon with the most effective and customer-focused response possible and with access to federal disaster loans to help businesses and residents affected by this disaster,” said Carranza. “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”
In consideration of the public health concerns due to the Coronavirus pandemic, on Wednesday, Sept. 16, SBA will establish a Virtual Business Recovery Center to provide personalized assistance to business owners. In addition, SBA will also open a Virtual Disaster Loan Outreach Center to help homeowners and renters. Customer Service Representatives will be available to business owners and individuals to answer questions about SBA’s disaster loan program, explain the application process and help each person complete their electronic loan application.
Virtual Business Recovery Center and
Virtual Disaster Loan Outreach Center
Monday – Sunday (7 days/week)
8 a.m. – 8 p.m. EDT
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.
Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Interest rates can be as low as 3 percent for businesses, 2.75 percent for private nonprofit organizations and 1.188 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
To be considered for all forms of disaster assistance, survivors must first contact the Federal Emergency Management Agency at www.disasterassistance.gov. Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email email@example.com for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.