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Post-Tornado Help For Small Biz In Nebraska

 
Post-Tornado Help For Small Biz In Nebraska

Nebraska is requesting federal disaster aid to help individuals and businesses recover from the June tornadoes.

The Nebraska Emergency Management Agency says Governor Dave Heineman submitted a request this week to the U.S. Small Business Administration.

If approved, the SBA would make low-interest loans available to five northeastern Nebraska counties that were hit by severe storms, tornadoes and flooding. Residents in Cedar, Cuming, Dixon, Stanton and Wayne counties could qualify.

The request comes after the Federal Emergency Management Agency announced that it was rejecting Nebraska's request for individual federal disaster assistance. The level of private insurance coverage in the area was a factor, because federal disaster aid can't duplicate insurance proceeds or assistance from other sources.

 

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