MARION – Those affected by the May 16 tornado in Marion can still apply for federal low-interest disaster loans through the Small Business Administration (SBA).
At Monday night’s Marion City Council meeting, SBA spokesperson TTori Marion explained how residents can still apply if they haven’t yet had the opportunity.
These loans are 30-year fixed-rate, with an interest rate of 4 percent for businesses and 2.8 percent for homeowners and renters.
Once again to apply, visit sba.gov/disaster.
