Last Updated: Wednesday, June 15, 2016

SBA loans available for Virginia residents at low interest


The U.S. Small Business Administration (SBA) loans are available to people with storm damage of February this year.

The U.S. Small Business Administration loans are available to homeowners, renters, business owners and nonprofits in and around Appomattox and Essex counties.

Homeowners can apply for loans up to $200,000 to repair and restore their homes.

Businesses are eligible for $2 million in loans to repair or replace damaged property or to use as capital, Insurance Journal reported.