The U.S. Small Business Administration is granting Indiana’s request that low-interest federal disaster loans be made available to residents, businesses and nonprofit organizations that were affected by severe weather in November when more than two dozen tornadoes swept through the state.
The Federal Emergency Management Agency denied Indiana’s appeal for federal disaster aid last month, causing the state to look at other options.
“Hoosiers are still struggling to recover from the aftermath of the November tornadoes in Indiana,” Governor Pence said in a statement after learning about the SBA’s decision. “We’re pleased that the U.S. Small Business Administration has agreed to provide low interest federal disaster loans to assist Hoosiers, businesses, and non-profit organizations as they work to repair damage in the days and weeks ahead.”
The loans will be made available to 19 counties.
Residents and businesses in Carroll, Cass, Clinton, Daviess, Dubois, Fountain, Grant, Greene, Howard, Knox, Martin, Miami, Montgomery, Parke, Pike, Tippecanoe, Tipton, Vermillion, and Warren counties are eligible for the loans. They must still apply for them on an individual basis.
Disaster Loan Outreach Centers will be established in Daviess, Fountain, and Howard counties, which were hardest hit by the storms.