Flood Assistance & Information for Vermont Residents and Businesses

We are here to help those impacted by the recent flooding.

If you have an existing loan with Passumpsic Bank, we have options available that we would be happy to discuss with you. We invite you to reach out to us to discuss further how we can help ease the stress of this catastrophic event and support you during this difficult time.

For more information, get in touch with us today at +1 (800) 370-3196 or reach out to your loan officer directly.  

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If you are you a business owner, homeowner, or renter affected by the recent flooding, low-interest disaster loans are now available through the SBA to help.

Important Facts

  • Homeowners can borrow up to $200,000 to repair or replace disaster-damaged real estate
  • Homeowners and renters can borrow up to $40,000 to repair or replace damaged personal property
  • Businesses and private nonprofits can borrow up to $2 million to repair or replace damaged real estate, machinery, equipment, inventory and other business assets
  • Applications can be submitted here, under SBA declaration #18016 (deadlines are Sept. 12 for physical property damage and April 15 for economic injury)

For more information, refer to the attached Fact Sheet & SBA Press Release.

Below are other available resources if you are either seeking assistance or if you would like to help with relief efforts:

State of Vermont Flood Information (This page is updated on an ongoing basis, please check back for new information as it becomes available)
https://www.vermont.gov/flood

Vermont Emergency Management has created a site for volunteers to register to help
https://www.vermont.gov/volunteer

Vermont Disaster Recovery Fund
https://www.vdrf.org/

Vermont Community Foundation
https://www.vermontcf.org/our-impact/programs-and-funds/vt-flood-response

American Red Cross of Northern New England
https://www.redcross.org/local/me-nh-vt.html

Northeast Kingdom Community Action (NEKCA)
https://nekcavt.org/

Capstone Community Action
https://capstonevt.org/

Champlain Valley Office of Economic Opportunity (CVOEO)
https://www.cvoeo.org/

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Unfortunately, during times of natural disasters, scams seem to occur at higher rates.
There are a lot of people and organizations that want to help those impacted, but it needs to be done safely. 

For information around how to identify potential scams visit the linked Vermont Attorney General's Office page.

As always, Team Passumpsic is here to help so don’t hesitate to reach out.