Small Bussiness Adminstration Disaster Recovery Information

The Town of Lake Clarke Shores, in relation to our neighboring communities, was spared a great deal of damage for what could have been a devastating hurricane both for the Town itself and our Water Utilities Department. We are happy to report that the majority of damages are minor, although we did have a few houses with major damage.

We ask that you remain patient as FPL restores power to our community. Several thousands of FPL customers remain without power, much of this is due to the significant wind damage that occurred (several down lines, poles, and transformers). The Town is aware of the major issues in Town and has reported them to FPL.
We are still without power and are running on generator. Our doors are open to anyone needing WI-FI and a place to charge their phone.

The U.S. Small Business Administration has added more counties to the disaster declaration in Florida affected by Hurricane Irma that began on Sept. 4, 2017.Below is the SBA disaster assistance news release for Florida due to Hurricane Irma.

The disaster declaration covers Palm Beach County.

Businesses and private nonprofit organizations of any size may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate. Homeowners and renters are eligible up to $40,000 to repair or replace disaster damaged or destroyed personal property.

Interest rates are as low as 3.305 percent for businesses and 2.5 percent for nonprofit organizations, 1.75 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at

To be considered for all forms of disaster assistance, applicants should register online at or by mobile device at If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.

Additional details on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an e-mail to

The filing deadline to return applications for physical property damage is Nov. 9, 2017. The deadline to return economic injury applications is June 11, 2018.

This is in an effort to share information with you please call the given contacts for additional information about the services.