DANVILLE - As a result of the hail storm that affected parts of Montour County on May 22, the Montour County Department of Emergency Services is collecting information on the extent of uninsured damages that took place in the area.
The intent of the data collection effort is to assess whether there is eligibility for Montour County to be included in a federal “Small Business Administration Disaster Declaration.” This program could result in the availability of low-interest loans to assist affected persons.
Although the name of the program implies it is for businesses, in reality there is possible eligibility for private individuals. Eligible applicants are those businesses or persons who suffered greater than 40 percent uninsured losses.
The losses can be calculated in one of two ways - against personal property or against real estate as follows:
Personal Property – Potential applicants would estimate the pre-disaster value or fair replacement value (whichever is lower) of all owned property (clothing, appliances, vehicle, etc.), then determine if the uninsured loss is at least 40 percent of the total value.
Structure – Potential applicants would provide a fair market value estimate of the home/business structure, then determine if the uninsured loss is at least 40 percent of the value.
If either calculation meets the criteria, it is recommended the affected individuals or businesses complete an SBA survey sheet. Those who do not have uninsured losses of at least 40 percent should not submit a survey as they would not be eligible for assistance, and the submittals would simply serve to add to the volume of paperwork that must be reviewed.
The survey sheet and other relevant information can be obtained by going to www.montourco.org and clicking on the SBA Survey Information Link. A hard copy can be obtained at the Montour County Commissioners Office in the County Courthouse at 29 Mill St.