Loans available for those affected by tornado
Published 11:13 am Tuesday, June 14, 2016
Gov. Terry McAuliffe announced last week that the U.S. Small Business Administration (SBA) has made low-interest disaster loans available to homeowners, renters, businesses and private, non-profit organizations, such as charities, churches and private universities, in Appomattox and contiguous counties for relief and recovery from the impacts of the tornado that touched down on Feb. 24.
The disaster loans are available in Appomattox, Amherst, Buckingham, Campbell, Charlotte, Nelson and Prince Edward.
Loans up to $200,000 are available to homeowners to help repair or restore their primary home to its pre-disaster condition. Personal property loans are also available to provide homeowners or renters with up to $40,000 to help repair or replace personal items, such as clothing, furniture, appliances and automobiles. Businesses that suffered damage can receive loans of up to $2 million to help repair or replace damaged property or provide working capital.
The SBA will open a Disaster Loan Outreach Center at the Appomattox Community Center, 220 Community Lane. The DLOC hours will be 9 a.m. to 6 p.m. Wednesday through Friday; 10 a.m. to 2 p.m. Saturday; and 9 a.m. to 3 p.m. Monday.