TODAY: Obama Cabinet Member in Chinatown to Announce Loans for Sandy-Impacted Businesses

Jan 21, 2016, 11:17 ET from U.S. Small Business Administration

NEW YORK, Jan. 21, 2016 /PRNewswire-USNewswire/ -- Maria Contreras-Sweet, Administrator of the U.S. Small Business Administration (SBA) and a member of President Obama's Cabinet, will be in Chinatown today at 2pm to announce assistance available to businesses and homeowners that incurred damage from Superstorm Sandy.

Contreras-Sweet will join Rep. Nydia M. Velázquez (NY-7) to announce the expanded disaster assistance available to those impacted by Sandy. She will highlight the most recent data on the impact this and other SBA assistance is having on the area.

Contreras-Sweet and Velázquez will announce the reopening of the SBA disaster assistance program and encourage entrepreneurs and homeowners throughout the City to apply for aid. Area business owners and others who previously received assistance or are applying will also speak.

New Yorkers that have an unmet financial need from Hurricane Sandy will now have until December 1, 2016 to apply for SBA disaster assistance.

WHO: Maria Contreras-Sweet, SBA Administrator
Rep. Nydia M. Velázquez (NY-7)
Christopher Kui, Executive Director, Asian Americans for Equality (AAFE)
Zhi Chao Li, Owner, 47 Division Street Trading, Inc.
Other local small business owners

WHAT: Press Conference

WHEN: Thursday, January 21, 20162pm

WHERE: Asian Americans for Equality (AAFE)
2 Allen Street, 7th Floor
New York, NY 10002            

HOW: Media can RSVP to Sophia Kim at, phone: (202) 427-7841

Advisory Number: MA16-05
Contact:  Sophia Kim (202) 427-7841
Internet Address:
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SOURCE U.S. Small Business Administration