Funds available for businesses, individuals impacted by June flooding

Aid is available for businesses affected by last month’s heavy rainfall that led to flooding in metro Detroit, the U.S. Small Business Administration announced Monday.

The SBA said in a news release that it is offering low-interest disaster loans to Michigan businesses and residents following last week’s announcement of a presidential disaster declaration over severe storms, flooding and tornadoes that hit Michigan on June 25-26.

More than 6 inches of rain fell June 25 in parts of the Detroit area, overloading sewer systems and flooding businesses and homes. Storms that crossed through the region also knocked out power to about 40,000 homes and businesses.

The disaster declaration covers Washtenaw and Wayne counties, which are eligible for physical and economic injury disaster loans from the SBA. Small businesses and most private nonprofit organizations in Jackson, Lenawee, Livingston, Macomb, Monroe and Oakland counties are eligible to apply for SBA…

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