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Low-interest loans now available for Va. storm damage

Wednesday - 11/16/2011, 5:38pm  ET

Hank Silverberg, wtop.com

WASHINGTON - People whose homes or businesses were flooded out or damaged by Tropical Storm Lee this summer have until next Tuesday to apply for low-interest loans.

The Virginia Small Business Administration has opened offices in Fairfax County and Prince William County for residents or businesses to apply for the loans.

Those wanting loans have until Tuesday, Nov. 22 to apply.

Homeowners can get loans of up to $200,000 for damages and $40,000 for lost property. Renters also qualify for the loans.

Business can get loans of up to $2 million. Non-profit organizations also are eligible.

The offices are in the South County Government Center at 8350 Richmond Highway Room 125 in the Alexandria section of Fairfax County and at the Ferlazzo Building at 15941 Donald Curtis Drive Suite 140 in Woodbridge in Prince William County.

The disaster declaration also allows people in adjacent communities to apply for such loans. That means those with damages in Arlington, Stafford or Loudoun counties, or in the cities of Fairfax, Alexandria, Falls Church, Manassas and Manassas Park are eligible.

The temporary offices are open from 10 a.m. until 7 p.m. on weekdays and 10 a.m. to 2 p.m. on Saturday.

For more information, contact SBA's Disaster Assistance Customer Service Center at 800-659-2955 or email disastercustomerservice@sba.gov. Applicants may also apply online using the Electronic Loan Application (ELA) via SBA's secure website. Deaf and hard-of-hearing individuals may call 800-877-8339.

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(Copyright 2011 by WTOP. All rights reserved.)