The Federal Emergency Management Agency has approved more than $28 million in derecho relief to Iowans, the agency said Wednesday.More than $19 million of that is via the U.S. Small Business Administration’s low-interest loan program for businesses’ property damage or economic injury or a homeowner’s property damage.A business or homeowner can apply for SBA property damage loans if they have any real estate, equipment, vehicles or other items damaged by the derecho.The other $9.7 million comes from FEMA’s Individual Assistance grants, which have given money directly to more than 2,640 households.It comes as the deadline to apply for FEMA Individual Assistance and SBA property damage loans looms Monday.Applications for SBA economic injury loans are not due until May 20 in Linn County and June 21 in Johnson County.

Sections:  u.s.   
Topics:  Iowa   Linn County   Cedar Rapids   
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  • With only days left to apply, FEMA says $28 million given in derecho relief
    A business or homeowner can apply for SBA property damage loans if they have any real estate, equipment, vehicles or other items damaged by the derecho. The other $9.7 million comes from FEMA’s ...
    10/27/2020 - 1:01 pm | View Link
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