Gov. Snyder’s Request for U.S. Small Business Administration Assistance Approved for Houghton County
Gov.
The declaration means residents and businesses affected by severe flooding in June are eligible to apply for financial assistance.
The declaration covers the neighboring counties of
"I want to thank the SBA for making disaster assistance available to the individuals and businesses affected by the severe flooding," Snyder said. "Getting our communities and businesses back on their feet is essential. The availability of these loans will bring some relief as they work to recover and rebuild."
Based on information provided by the
The SBA disaster assistance program provides low-interest disaster loans for uninsured losses incurred by homeowners, renters, businesses and nonprofit organizations to repair or replace real estate, personal property, machinery and equipment, inventory and business assets that have been damaged or destroyed. The SBA tailors the repayment of each disaster loan to the borrower's financial capability.
The SBA will establish a disaster loan outreach center in the affected area for one-on-one assistance. Loan applications will also be made available online or by mail.
Additional information about the SBA disaster assistance program is available at www.sba.gov.
Presidential Disaster Declaration Timeline
Gov.
By declaring a "state of disaster," the state of
Based on information provided by the
The teams conducted their assessments from
On
On
On
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