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.
Top Posts & Pages
- Molpus closes Fund after more than $662M in commitments
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- MSU reminding fans that drones are prohibited at football games
- Realtors chooses Nita Wingard
- Politics of paying for transportation: Hand wringing and a lot of talk
- No debate, but Cochran and Childers lobby for votes for Senate
- Entergy agrees to cut $35M from its new rate plan
- Ford Foundation gives to UM for new science building
- Kemper County plant will cost at least another $496M to complete