Thursday, July 8, 2010

Wadena Looking for SBA Disaster Loans

Governor Tim Pawlenty is asking the U. S. Small Business Administration to issue an SBA Disaster Declaration for several Minnesota counties, including Wadena, as a result of severe storms, tornadoes and flooding that occurred on June 17th.

The Governor said that the affected counties should qualify for the emergency loan program because the SBA damage threshold of at least 25 homes and/or businesses with 40 percent or more uninsured losses has been met.

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