Low-interest loans available to residents of Bryan Co., business owners affected by the tornado
BRYAN COUNTY, Ga. (WTOC) – It has been three weeks since the deadly tornado ripped through northern Bryan County.
The cleanup is far from over as residents continue to rebuild.
Bryan County Public Works says they are nearing 100% completion of debris removal in the area. That means it’s time to start thinking about rebuilding.
From Tuesday, additional help is now available for homeowners and businesses to start the rebuilding process.
The United States Small Business Administration has announced new loans for those affected by these storms. Landlords and tenants could receive up to $40,000 for loss of personal property.
Over the next few weeks, there will be a temporary outreach center at the Pembroke Police Department to help residents and business owners apply for low-interest, long-term loans.
The US Small Business Administration offers loans as low as 2.94% for businesses, 1.875% for nonprofits, and 1.438% for homeowners and tenants for 30 years.
Bryan County residents and businesses are the primary target for the loans, but people from other affected areas can also apply.
The Small Business Administration says the best way to get help is to come see them in person and get one-on-one help.
“The key is to have information about your debts, income and insurance if you have insurance and be prepared to talk about what happened to you and what kind of damage you suffered,” Jack Camp said. , Public Affairs Specialist, Small Business Administration.
From Tuesday, the center will be open Monday to Friday from 9 a.m. to 6 p.m. and Saturday from 10 a.m. to 2 p.m.
As a reminder, this will only be there for a short time – it will close on May 12 at 4 p.m. So if you need help, be sure to stop by and get your questions answered at the Pembroke Police Station.
It’s a big step forward for financial help for many families in the area, including Harry Bostic, whose home was a total loss after the tornado.
“It was a little hard to get back on my feet, but a loan and stuff will help me 100%, get back on my feet to try to get some things, maybe try to get a car or something and picking up my family together, buying food and all that stuff,” Bostic said.
The deadline to make a property damage claim is June 21, 2022, while businesses seeking economic harm assistance have until January 23, 2023 to submit their claim.
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