Archive for Wednesday, October 26, 2005

County qualifies for low-interest SBA loans

October 26, 2005

Leavenworth County residents and businesses didn't qualify for Federal Emergency Management Agency's disaster aid.

Chuck Magaha, the county's emergency management director, said he had hoped the county, which had $6.2 million losses from the Oct. 1-2 flood, would qualify for federal disaster aid.

SBA customer service representatives will issue loan applications, answer questions about SBA's disaster loan program, and help people complete their applications. The offices will be open:

Leavenworth

American Red Cross, 525 Shawnee St. Oct. 27 - Nov. 12, Dec. 15 - Dec. 17 9 a.m. to 6 p.m. Thursdays and Fridays, 9 a.m. to 1 p.m. Saturdays

Easton

Easton City Hall, 200 W. Riley St. Oct. 25 - Nov. 9, Dec. 13 -- 19 9 a.m. to 6 p.m. Mondays, Tuesdays and Wednesdays

Oskaloosa

Jefferson County Health Dept. 1212 Walnut St. (Highway 59) Oct. 25 -- Nov. 9, Dec. 13 -19 9 a.m. to 6 p.m. Mondays, Tuesdays and Wednesdays For more information, call (800) 659-2995.

Disaster aid can include grants to help pay for temporary housing, home repairs and other disaster-related expenses not met by insurance or other aid programs.

However, Magaha hopes the state will qualify for FEMA's public assistance grants. He said it will take about $3.2 million to repair Leavenworth County's flood-damaged roads and bridges.

"The governor's office just put in another one (request) today that was asking for public assistance for roads, bridges, things of that nature," Magaha said. "That hasn't been declared yet, but I think it will be."

Leavenworth County qualified last week for U.S. Small Business Administration loans. On Thursday, SBA declared Kansas counties, Jefferson, Leavenworth, Atchison, Douglas, Jackson, Shawnee and Wyandotte, as well as Platte County, Mo., as disaster area "due to damage caused by torrential rains and flooding."

According to SBA, federal disaster loans are available to homeowners, renters, businesses of all sizes and private non-profit organizations whose property was damaged or destroyed.

SBA provides low-interest Federal disaster loans up to $200,000 for homeowners to repair or replaced damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property. And businesses may borrow up to $1.5 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

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