SBA offering disaster loans to tornado victims
Published: April 25,2013
NOXUBEE COUNTY — The Small Business Administration is offering disaster loans to residents and business owners in Noxubee County affected by a tornado that severely damaged parts of Shuqualak on April 12.
The Mississippi Emergency Management Agency has reported 49 homes and 12 businesses were either destroyed or damaged as a result of the storm.
The SBA has set up a temporary disaster loan outreach center on U.S. Highway 45 in Macon.
The SBA says low-interest loans up to $200,000 will be available to homeowners to repair or replace damaged real estate and up to $40,000 for personal property.
Businesses and nonprofit organizations can apply for loans up to $2 million to repair and replace real estate, equipment, inventory and machinery.
The disaster declaration also covered Lowndes, Oktibbeha, Kemper and Winston counties.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Canadian company purchasing Southern Lumber for nearly $50M
- Winchester lands $50M ammunition contract from Homeland Security
- Lawmakers question education leaders about escalating administrative costs
- Deer processors need to use caution to insure safe, tasty venison
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- C Spire completes acquisition of MegaGate Broadband
- Jackson’s Landmark Center slated for mixed-use conversion
- Peavey Electronics reorganizing under new globalization plan
- 50 Leading Business Women in Mississippi (digital magazine)
- Ex-circuit clerk Palmertree gets 10 years for embezzlement