SBA Approves Low Interest Loans For Philadelphia-Area Residents Impacted By July Flooding

Philadelphia PA

30 July, 2021

2:00 PM

Description

CBS Philadelphia July 30, 2021 Residents and business owners in the Philadelphia region hit hard by flooding earlier in July will be eligible for financial aid. The U.S. Small Business Administration approved low-interest loans to help people repair damaged property. Disaster loan outreach centers will open beginning on Monday, Aug. 2. "The devastation caused by this flooding will linger in the minds of survivors for years to come," Gov. Tom Wolf said. "But it is our hope that these low-interest loans provide much-needed assistance in helping people get back to normal as quickly as possible." CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.