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SBA Offers Disaster Assistance to Indiana Residents Affected by the Severe Storms, Winds and Tornadoes

February 20, 2014

By a News Reporter-Staff News Editor at Politics & Government Week -- Indiana residents and businesses affected by the severe storms, winds and tornadoes on Nov. 17 can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Acting Administrator Jeanne A. Hulit announced.

Acting Administrator Hulit made the loans available in response to a letter from Gov. Michael Pence on Jan. 29, requesting a disaster declaration by the SBA. The declaration covers Daviess, Fountain and Howard Counties, and the adjacent counties of Carroll, Cass, Clinton, Dubois, Grant, Greene, Knox, Martin, Miami, Montogomery, Parke, Pike, Tippecanoe, Tipton, Vermillion and Warren in Indiana.

"The SBA is strongly committed to providing the people of Indiana with the most effective and customer-focused response possible to assist homeowners, renters, and businesses of all sizes with federal disaster loans," said Acting Administrator Hulit. "Getting businesses and communities up and running after a disaster is our highest priority at SBA."

"Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property," said Frank Skaggs, director of SBA's Field Operations Center East in Atlanta. SBA's customer service representatives are available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications.

Keywords for this news article include: Homeowners, Real Estate, U.S. Small Business Administration, Government Agencies Offices and Entities.

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Source: Politics & Government Week

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