SBA to open recovery center for Hurricane Irene survivors in Brattleboro

first_imgThe US Small Business Administration announced today that a recovery center will open at the Brattleboro Development Credit Center inBrattleboro on Tuesday, October 11 at 8 a.m. to assist individuals and businesses affected by Hurricane Irene.”Due to the amount of physical and economic losses caused by Hurricane Irene in Vermont, we want to make it more convenient for victims to get assistance by opening a SBA recovery center.  Survivors can meet individually with SBA representatives and find out how a low-interest disaster loan can help them recover,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.  The Center is located in the following community and open as indicated:Windham CountyBrattleboro Development Credit Corporation76 Cotton Mill Hill, 2nd FloorBrattleboro, VT 05301Opens: Tuesday, October 11, 2011Hours: 8 a.m. ‘ 5 p.m., Monday through Friday,until further notice. Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate.   Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property.Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.The SBA may increase a loan up to 20 percent of the total amount of disaster damage to real estate and/or leasehold improvements, as verified by SBA, to make improvements that lessen the risk of property damage by future disasters of the same kind.For small businesses, and most private non-profit organizations of all sizes, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster.  EIDL assistance is available regardless of whether the business suffered any physical property damage.Interest rates are as low as 2.5 percent for homeowners and renters, 3 percent for non-profit organizations and 4 percent for businesses with terms up to 30 years.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.Individuals and businesses unable to visit one of the Centers may obtain information on loan applications by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov(link sends e-mail).  Loan applications can also be downloaded from the SBA website at www.sba.gov(link is external) . Completed applications should be returned to one of the Centers or mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.  Those affected by the disaster may also apply for disaster loans electronically from SBA’s website athttps://disasterloan.sba.gov/ela/(link is external).The filing deadline to return applications for physical property damage is October 31, 2011.  The deadline to return economic injury applications is June 1, 2012.  For more information about the SBA’s Disaster Loan Program, visit www.sba.gov(link is external).SOURCE U.S. Small Business Administration ATLANTA, Oct. 7, 2011 /PRNewswire-USNewswire/ —last_img read more

Karolis Kundrotas builds off Lithuanian upbringing as Elon freshman

first_img Facebook Twitter Google+ Elon administration charged head basketball coach Matt Matheny to go find overseas players. He had already established relationships in different countries when he was an assistant at Davidson. But now in charge, he was tasked with finding international athletes for his own program.He found Karolis Kundrotas at a prep school in London that has served as a basketball hotbed of talent. But London is not where Kundrotas found his love for basketball. It’s from a basketball-obsessed city in Lithuania that has developed numerous NBA talents.“Karolis fits perfectly into what we look for in recruiting at Elon,” Matheny said, “He’s someone that is coachable, that is tough and that is willing to work.”The 6-foot, 11-inch freshman Kundrotas, who was born and raised in Kaunus will come to the Carrier Dome on Saturday at 7 p.m. to face Syracuse (2-0) as a part of the Battle 4 Atlantis tournament. Though he’s scored just five points in 15 minutes this season for Elon (2-1), Kundrotas’ past stops shaped the promising player.Kundrotas moved to England with his mother in 2006 and played at the Barking Abbey Basketball Academy. The academy’s professionalism helped prepare him to play Division I.AdvertisementThis is placeholder textAfter failing to bring in European recruits in past years, Mattheny successfully reeled in Kundrotas.“The coaches there are really sharp,” Kundrotas said of the Academy. “The closest program that I’ve been to that matched American standards.”The Barking Abbey program, which head coach Lloyd Gardner called the British version of an American“prep school,” is linked to a normal British state high school and is regarded as one of the top basketball programs in the UK for developing young players.The Abbey program previously sent fellow Lithuanian Paulius Satkus one year earlier to James Madison and Kundrotas followed a similar path.Program director Matt Clark said that every Lithuanian player comes with solid fundamentals and a 3-point shot, which Clark called a “signature” of all European big men.“Lithuanians grow up with basketball,” Clark said. “It’s their national sport. A large number of their heroes are basketball players.”Kundrotas’ hometown in Lithuania, Kaunus, is a goldmine for basketball stars, producing several NBA players including Zydrunas Ilgauskas, Donatas Motiejūnas Arvydas Sabonis, Šarūnas Marčiulionis and Linas Kleiza.“Being from the same place,” the freshman said, “they’re people that I look up to. I idolize them.”While many young athletes in Lithuania look up to players like Ilgauskus and Montiejunas, Kundrotas said that his hero was another Lithuanian basketball star.Šarūnas “Šaras” Jasikevičius was another product of Kaunus, Lithuania and played point guard in the United States for Maryland. Jasikevičius played a majority of his career overseas, but had a brief stint with the Indiana Pacers in the NBA.“He was the man in my eyes,” Kundrotas said, “with Zydrunas of course, he’s also legend.”Kundrotas hasn’t come close to the level that his heroes have reached yet, but Matheny thinks highly of his future.Matheny believes that despite Kundrotas coming more game-ready than the coaching staff anticipated, he still has a lot to work on and to learn before he can play big minutes for the Phoenix.Both are excited for the opportunity to play at Syracuse. It’s a chance for Kundrotas to play in the type of venue his countrymen became accustomed to.“I can’t believe the opportunity I’ve got from where I come from,” Kundrotas said, “I can’t wait.” Comments Published on November 20, 2015 at 12:02 pm Contact Jack: jfupton@syr.edulast_img read more