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US disaster loans approved for Kokomo after tornadoes

Gov. Mike Pence says the U.S. Small Business Administration has approved low-interest disaster loans for tornado-stricken Howard County.
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KOKOMO, Ind. (AP) - Gov. Mike Pence says the U.S. Small Business Administration has approved low-interest disaster loans for tornado-stricken Howard County.

Pence said Thursday that the contiguous counties of Cass, Carroll, Clinton, Tipton, Grant and Miami also qualify for the loans. Residents, businesses and certain nonprofits are eligible for the loans.

An EF3 tornado with winds estimated as high as 152 mph damaged at least 1,000 homes and businesses in Kokomo on Aug. 24. The National Weather Service also confirmed other tornadoes in Carroll, Howard, and Miami counties.

More information is available at https://disasterloan.sba.gov/ela/ .

The Small Business Administration last week made low-interest disaster loans available in St. Joseph County and six adjacent counties to help people, businesses and nonprofits that sustained damage when a record rainfall hit the South Bend area last month.

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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