Gov. Beshear: Low-Interest Loans Available to Help Nicholas County Residents, Businesses Rebuild Following Historic Flooding

Statement

Today, Gov. Andy Beshear said eligible residents and business owners in Nicholas County can apply for low-interest loans to help repair property and reopen businesses damaged by historic flooding.

The loans are available because the U.S. Small Business Administration (SBA) approved the Governor's request to issue a disaster declaration for the county.

"Today's announcement is the second round of good news Nicholas County has received this week related to their flood recovery efforts," Gov. Beshear said. "While we know many are disappointed that FEMA aid was not granted for the county and residents, these low-interest loans can help this tight-knit community take another step forward in their rebuilding process."

Kentucky Emergency Management Director Michael Dossett echoed the Governor and added, "The Governor and I thank the U.S. Small Business Administration for the declaration as well as the residents and business owners in Carlisle and Nicholas County for their continued teamwork."

Source