Low-interest loans available for September/October storms
Save Email Print
Bookmark and Share
Updated: 10:14 AM Nov 18, 2008
Low-interest loans available for September/October storms
Lansing, MI
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.
Posted: 11:48 PM Nov 17, 2008
Reporter: Associated Press
Font Size:

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.
More Stories

WNDU News Poll
What would you rather receive for Valentine's Day?

FLOWERS
CHOCOLATES
JEWELRY
ELECTRONICS
VACUUM CLEANER


Most Popular Headlines