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Indiana

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Indiana gets low-interest loans for tornado relief

– Indiana businesses, residents and certain nonprofits in 19 counties recovering from the November tornado outbreak can receive low-interest federal disaster loans.

Gov. Mike Pence announced Wednesday that the U.S. Small Business Administration had approved the loans. Word of the loans comes after the Federal Emergency Management Agency denied Indiana’s appeal seeking federal aid for Boone, Daviess, Fountain, Grant, Howard and Tippecanoe counties, the areas hit hardest by the Nov. 17 tornadoes.

Disaster loan outreach centers will be established in Daviess, Fountain and Howard counties. Loan applications are available at the centers or online at http://www.sba.gov/.

The deadline to file applications for relief from damage to personal or business property is April 7. Applications for loans to assist with financial damages are due Nov. 5.

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