Indiana Gov. Mitch Daniels on Monday received word that the U.S. Small Business Administration granted his request for an SBA disaster declaration for Clark, Floyd and Jennings county residents and businesses affected by the severe weather Aug. 4-9.
SBA offers low-interest loans up to $200,000 to qualified homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible to apply for loans up to $40,000 to repair or replace damaged or destroyed personal property, a press release says.
For small businesses and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. That assistance is available regardless of whether the business suffered any physical property damage.
Businesses and nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
The SBA also provides mitigation funds to disaster victims based on 20 percent of the verified physical damage. These funds are designed to help borrowers pay for protective measures to minimize damage of the same kind in the future.
The declaration also covers the adjacent counties of Bartholomew, Decatur, Harrison, Jackson, Jefferson, Ripley, Scott and Washington in Indiana, and the counties of Jefferson, Oldham and Trimble in Kentucky.
Individuals and businesses may obtain information and loan applications by calling the SBA’s Customer Service Center at 800-659-2955 — 800-877-8339 for the hearing impaired — Monday through Friday from 8 a.m. to 6 p.m., or by sending an e-mail to disastercustomerservice@sba.gov.
Business loan applications also can be downloaded from the SBA Web site atwww.sba.gov/services/disasterassistance
Victims may apply for disaster loans at https://disasterloan.sba.gov/ela/
The filing deadline to return applications for physical property damage is Jan 5. The deadline to return economic injury applications is Aug. 6.
More information will be coming about SBA’s temporary Disaster Loan Outreach Center locations, where applicants can get answers to questions about the SBA’s disaster loan program, explanations about the application process and help completing their applications.
— Staff reports
Clark County
Indiana’s request for disaster loans granted
Low-interest loans available for residents, businesses, nonprofits
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Appeals court hears Covered Bridge case
The Indiana Court of Appeals heard the respective oral arguments on the town of Sellersburg’s effort to annex the Covered Bridge Subdivision and the Willows on Wednesday. Covered Bridge appealed the trial court’s ruling that the town’s annexation preceded the subdivision’s effort to incorporate into an independent town and that, in exchange for sewer service, the residents would agree to not remonstrate against the annexation attempt.
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Redistricting on tap again for Jeffersonville
Though they just did so last year, it’s already time for the Jeffersonville City Council to start thinking about redistricting again.
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JEFF Fest set for June 9
The Jeffersonville Entire Family Fun Festival, better known as JEFF Fest, will
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be held from 11 a.m.. to 4 p.m. June 9 in Jeffersonville’s Preservation Park, 150 W. Market St. -
Charlestown encourages Realtors and developers to help it grow
he city hosted a showcase for about 200 developers and Realtors at Charlestown High School on Tuesday. The purpose of the showcase was to pitch the city as a place that is expected to prosper, especially in light of the continued development at River Ridge Commerce Center.
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Jeffersonville mayor vetoes two council acts
“It’s a meaningless resolution. It carries no weight. I think it’s political posturing and I’d as soon not be a part of it,” Moore said. “I will not be brought into a political discussion that’s already been decided.”
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Bridges project specifics emerging
Valentine outlined that incentives will be part of Kentucky’s contract with the winning bidder.
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He explained that once construction begins, the expected cost of construction per day will total about $80,000 and the contractor can earn incentives for finishing early and penalties for finishing late. A completion date is set for June 30, 2018. - News and Tribune briefs for May 23, 2012
- May 22, 2012
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Gregg picks Simpson for Dems ticket
Gregg got his biggest applause from the crowd Tuesday when he played up their joint support for women’s access to health care, which has become a national talking point for Democrats.
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TARC OKs rate increases
Contrary to its monetary situation, the amount of people riding the public transit system has increased about 10 percent, Barker said.
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But the transportation service had not raised its fares, aside from express routes, in four years. -
Miss Clark County 2012 entrants sought
The contest is based on interview, evening gown and professional wear competition. Any Clark County young woman between the ages of 16 to 21 is eligible to participate.
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Appeals court hears Covered Bridge case
