Agencies assisting Christian County residents and business owners who suffered damages during flooding in early April now have a temporary office at the Murray State University Hopkinsville Regional Campus, 5305 Fort Campbell Blvd.
Representatives of the Small Business Administration, FEMA and Red Cross are available there to meet with anyone who needs help learning about recovery resources.
Homeowners, renters and business owners are eligible for loans, said SBA spokesman Kayon Davenport.
SBA employees will be in Classroom 217 at the Hopkinsville MSU campus from 9 a.m. to 7 p.m. Monday through Saturday and from 1 to 7 p.m. Sundays.
Hopkinsville was inundated by roughly 14 inches of rain over a period of five days in early April. Flooding in the city and county affected more than 150 homes, numerous businesses and some government buildings.
Homeowners are eligible for up to $500,000 to repair or replace a primary residence. Loans of up to $100,000 are available to replace personal property, such as furnishings and appliances, for homeowners and renters.
SBA also offers Business Disaster Loans and Economic Injury Disaster Loan up to $2 million. Some large employers could be eligible for more than $2 million.
Interest rates for Kentucky applicants range from 2.7% for renters and homeowners to 4% for businesses.
Loan application forms are available online or by calling 800-659-2955. Additional information about SBA loans is available here. This SBA Fact Sheet also addresses the disaster declaration issued for Christian County.
