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Published July 09, 2010, 07:39 AM

SBA to make storm loans available in Minn.

ST. PAUL, Minn. (AP) — The Small Business Administration will make low-interest disaster loans available in Minnesota counties hit by tornadoes and storms in June.

ST. PAUL, Minn. (AP) — The Small Business Administration will make low-interest disaster loans available in Minnesota counties hit by tornadoes and storms in June.

Gov. Tim Pawlenty said Thursday the federal agency approved his request for an SBA disaster declaration.

The loans will be made available to residents in Wadena and Otter Tail counties and the neighboring counties of Becker, Cass, Clay, Douglas, Grant, Hubbard, Todd and Wilkin.

The SBA provides low-interest disaster loans to homeowners, renters, businesses and private, nonprofit organizations to repair or replace real estate, personal property, machinery or inventory damaged or destroyed in a declared disaster.

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Online:

http://www.sba.gov

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