S. Utah Flood Victims Eligible for SBA Loans

S. Utah Flood Victims Eligible for SBA Loans


Save Story
Leer en espaƱol

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

ST. GEORGE, Utah (AP) -- Southern Utah flood victims will be eligible for assistance from the federal Small Business Association, after all.

The SBA initially said there wasn't enough damage in Kane or Washington counties for victims to qualify for low-interest loans.

But the agency announced Thursday that victims in those two Utah counties are now eligible for the loan because Mohave County, Ariz., received the agency's disaster declaration Wednesday.

Under the SBA's contiguous county policy, flood victims in Kane and Washington counties are now eligible for the same loans.

"We are delighted that the federal government is again stepping up with additional resources in the critically important task of rebuilding lives that were devastated during the recently floods," Utah Gov. Jon Huntsman said in a prepared statement.

The disaster declaration makes low-interest loans available to homeowners, renters, business and private, nonprofit organizations whose property was damaged or destroyed by storms between Dec. 28 and Jan. 12.

The SBA will open a field office March 7-31 in St. George to assist flood victims in obtaining the low-interest loans.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

Most recent Utah stories

Related topics

Utah

STAY IN THE KNOW

Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

KSL Weather Forecast