- Associated Press - Thursday, June 9, 2016

RICHMOND, Va. (AP) - The U.S. Small Business Administration says businesses and residents affected by the severe storms and tornadoes in February can apply for low-interest disaster loans.

The SBA said in a news release Thursday that businesses and private nonprofit organizations can borrow up to $2 million to repair or replace damaged real estate, machinery and equipment, inventory and other assets damaged in the Feb. 24 storms.

Homeowners and renters are also eligible for loans.

The declaration covers Appomattox and Essex counties and the adjacent counties of Amherst, Buckingham, Campbell, Caroline, Charlotte, King and Queen, King George, Middlesex, Nelson, Prince Edward, Richmond, and Westmoreland.

Residents can apply online at https://disasterloan.sba.gov/ela

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More

Click to Hide