Low-interest loans available for September/October storms
Low-interest loans available for September/October storms Save Email Print
Lansing, MI
Posted: 11:48 PM Nov 17, 2008
 Last Updated: 10:14 AM Nov 18, 2008
 Reporter: Associated Press
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The U.S. Small Business Administration says Michigan residents and businesses that sustained losses in severe storms in September and October can get low-interest loans.

SBA Acting Administrator Sandy Baruah said Monday the disaster loans are available for damage that occurred Sept. 12 - Oct. 14 in southwestern Michigan.

Gov. Jennifer Granholm made a disaster aid request Nov. 7.

The disaster declaration covers Allegan, Barry, Branch, Calhoun, Cass, Kalamazoo, St. Joseph and Van Buren counties. The SBA is making available loans of up to $200,000 for damage to real estate and up to $40,000 for property damage.

Businesses and nonprofit groups may borrow up to $2 million.
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Posted by: bjk100 Location: Niles on Nov 19, 2008 at 12:02 AM
How about Berrien county. we had alot of flooding here too, mostly in basements and by streams. where do we go for help. I had to strip my entire basement.. gone are the 4 rooms i had insulated and pannelled, along with belongings. Now it is costing more for heat.

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