As a result of severe flooding that affected the Butternut Valley area in July, the Small Business Administration is offering low-interest loans to businesses and residents affected by the flooding.
Businesses may borrow up to $2 million for repairs and $200,000 for homeowners to replace and repair real estate as well as $40,000 for personal property.
Interest rates are 2.8% for businesses, 2% for non-profits and 1.6% for homeowners and renters.
SBA administrator Isabella Casillas Guzman made the announcement on Monday, Sept. 13, in response to Governor Kathy Hochul requesting a disaster declaration for Otsego County, which also affects neighboring counties such as Chenango, Delaware, Herkimer and others.
“SBA’s mission-driven team stands ready to help Otsego County’s small businesses and residents impacted by the severe storms and flooding,” Guzman said in a media release. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”
A disaster loan outreach center will be set up at the Morris Fire Department starting on Tuesday, Sept. 14, in order to answer questions about applications for the loan program.
MORRIS – Brian Madden described the sound “like a firecracker.”
“I was spraying insulation into a hole in the wall where vermin were getting in,” said Madden, a retired SUNY Oneonta professor. “Apparently fumes of spray went under the furnace and caused a small explosion. Flames shot out and I called 911. The woman told me to get out immediately.”
The Morris fire department was dispatched just after noon to Madden’s 287 West Hill Road home. “The fire was coming through the roof upon Fire Department arrival,” said Victor Jones, assistant emergency service coordinator for Otsego County.
ARTISANS FEST – 10 a.m. – 5 p.m. Find beautiful items hand made by NY artisans, enjoy food, entertainment, more. Lawn, Otsego County Courthouse, 193 Main St., Cooperstown. 607-547-9983 or visit www.cooperstownartisanfestival.info
MUSIC – 6:30 p.m. An evening of music, poetry & prose from Across the Pond by artists of the Glimmerglass Festival Orchestra. Cost, $20/adult. Hyde Hall, 267 Glimmerglass State Park Road, Cooperstown. 607-547-5098 or visit hydehall.org
WORKSHOP – 11 a.m. – 3 p.m. Learn the craft of glassblowing by making your own paperweight. Cost, $210/student. Bobby Sharp Glassworks, 736 St. Rt. 28, Oneonta. 607-432-2322 or visit www.bobbysharpglassworks.com/#!/classes
KLEZMER CONCERT – 5 p.m. The Big Galute Klezmer ensemble presents a dazzling variety of music from the Jewish Diaspora’s many homelands. The Pavillion, Glimmerglass Festival Campus, 7300 St. Hwy. 80, Cooperstown. Call (607)547-2255 or visit glimmerglass.org
HEALTH SCREENING – 9 a.m.-2:30 p.m. Free mammograms and pelvic exams for the uninsured and under-insured. Morris Fire Department, 117 East Main St., Morris. Call 1-888-345-0225