On Oct. 21, 2024, SBA reported Economic injury disaster loans (EIDLs) available in NC due to excessive rain, Tropical Storm Debby that occurred on Jul. 1 through Aug. 31.
Eligible for for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofit organizations with economic losses.
Also eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster, not eligible for agricultural producers, farmers, ranchers.
Completed loan application must be submitted to SBA not later than Jun. 16, 2025.
On Aug. 7, FEMA authorized to provide federal aid in North Carolina.
FEMA reported emergency declaration for North Carolina due to Tropical Storm Debby.
White House approved NC emergency declaration due to storm starting Aug. 5, 2024.
Follows NC LEG governor declared state of emergency and NC INS requirements for insurers and health plans to fill extra prescription requests, see #222057, #222142.
Tropical Storm Debby, North Carolina Impact
White House approved the emergency declaration authorizing FEMA to provide federal aid in response to historic rainfall and potential for catastrophic flood events to occur.
National coordination response center in Washington DC and regional center in Atlanta.
Storm slated to have regional rain, flood impact in Florida, Georgia, and the Carolinas.
Flooding may affect power systems and utilities may shut down portion of the grid.
Impacted Counties
Public aid (Category B) emergency measures, limited to direct federal reimbursement and aid for mass care including evacuation will be provided at 75% federal funding.
For the counties of Alamance, Anson, Beaufort, Bertie, Bladen , Brunswick, Carteret, Caswell, Chatham, Columbus, Craven, Cumberland, Davidson, Duplin, Durham.
In Aug. 2024, OCC issued proclamation directing affected banks to close, #222457.
Sep. 2024 FEMA Fed Reg Notice of Declaration
On Sep. 11, 2024, FEMA published federal register presidential declaration notice of the Aug. 6, 2024, White House emergency declaration due to Hurricane Debby.
On same day, FEMA published in Amendment No. 1 to the notice of declaration, adding Allegheny, Cabarrus, Iredell, Mecklenburg, Rowan, Stanly, Union, and Wilkes counties.
Noted that counties are eligible for emergency protective measures (Category B).
Oct. 2024 SBA Working Capital Loans
On Oct. 21, 2024, SBA reported Economic injury disaster loans (EIDLs) available in NC due to excessive rain, Tropical Storm Debby that occurred on Jul. 1 through Aug. 31.
Eligible for for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofit organizations with economic losses.
Also eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster, not eligible for agricultural producers, farmers, ranchers.
Completed loan application must be submitted to SBA not later than Jun. 16, 2025.
