Tuesday, July 31, 2001

Flood-loss loan aid available


Low-interest cash helps uninsured property

By Steve Kemme
The Cincinnati Enquirer

        The U.S. Small Business Administration will open offices in Fairfax and Hamilton on Wednesday to accept low-interest loan applications from those who sustained uninsured property damage from the July 17 flash flooding.

        An SBA assistance office will open in the cafeteria and gymnasium area of the Fairfax Elementary School, 3847 Southern Ave. Hours will be 9 a.m.-6 p.m., Monday through Saturday, for up to two months.

        The SBA office in Hamilton will be in Suite 410 at One Renaissance Center, 345 High St. Office hours will be 8:30 a.m.-6 p.m. Monday through Friday.

        On Friday, the SBA declared Hamilton and Butler counties disaster areas. That made flooding victims there and in bordering counties eligible for SBA loans.

        The bordering counties are Clermont, Warren, Preble and Montgomery in Ohio; Kenton, Campbell and Boone in Kentucky; and Dearborn, Franklin and Union in Indiana. Those who can't come to the offices in Fairfax and Hamilton can call for SBA applications at (800) 359-2227 from 7 a.m. to 5 p.m., Monday through Friday.

        SBA loans are available to individuals and businesses.

        Those who don't qualify for SBA loans can apply for state individual assistance grants.

        State employees with applications for individual assistance grants, American Red Cross representatives and employees of the Ohio Department of Insurance also will be at the offices.

        Flood victims must apply for SBA loans and for state grants within two months.

        The Ohio Department of Insurance personnel will help insured flood victims file insurance claims.

        Dick Kimmins, spokesman for the Ohio Emergency Management Agency, said the offices are designed to be a “one-stop shop” for flood victims.

       



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