SBA so far approves $1.3 million in Michigan disaster loans - WNEM TV 5

SBA so far approves $1.3 million in Michigan disaster loans

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The U.S. Small Business Administration so far has approved more than $1.3 million in low-interest disaster loans for losses stemming from severe storms and flooding in June in central Michigan.

>>Slideshow: Historic flooding in Mid-Michigan<<

It said Wednesday it has approved 46 loans so far and encourages anyone with losses who has not applied to do so as soon as possible. It says the filing deadline to submit applications for physical property damage from the June 22-27 storms is Oct. 2.

A disaster declaration for Bay, Gladwin, Isabella and Midland counties provides physical and economic injury disaster loans. The SBA is now providing loans for residential properties in Saginaw County, however. 

The deadline for economic injury applications is May 2, 2018.

Copyright 2017 The Associated Press. All rights reserved. 

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