By Jacque Day
Western Kentucky, West Tennessee – An amended disaster declaration by President Obama makes 70 Kentucky counties eligible for federal farm service emergency assistance. Loans are available to those who sustained losses from severe storms, tornadoes and flooding since April 22. Applications for physical and production loss loans will extend through January. The newly added counties include all counties in the Purchase and Pennyrile regions.
Tennesseans who register for FEMA assistance can also apply for Small Business Administration recovery loans. Low-interest SBA disaster loans up to $200,000 are available to qualified homeowners to repair or replace damaged real estate. In addition, $40,000 may be available to homeowners and renters to repair or replace damaged personal property. A presidential disaster declaration makes federal funding available to residents of Lake, Obion, and Stewart counties.