Disaster loans available to Oklahoma residents, businesses affected by wildfires

The U.S. Small Business Administration has established outreach centers in Stillwater and Luther to help people file application for disaster assistance.
FROM STAFF REPORTS Published: October 11, 2012
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Low-interest, federal disaster loans are available to Oklahoma residents and business owners affected by multiple wildfires in late July and early August in several Oklahoma counties.

The U.S. Small Business Administration has opened Disaster Loan Outreach Centers in Stillwater and Luther that can help those who sustained damage in Oklahoma and Payne counties during the wildfires. Help also is available in the contiguous counties of Canadian, Lincoln, Logan, Noble, and Pawnee.

“Low-interest federal disaster loans are available to homeowners, renters, businesses of all sizes and private, nonprofit organizations whose property was damaged or destroyed by this disaster,” SBA's Oklahoma District Director Dorothy Overal said. SBA representatives at the outreach centers can answer questions about the program.

The Payne County Disaster Loan Outreach Center is at the City of Stillwater Community Center, 315 W 8 St., Room 104. It is open from 9 a.m. to 7 p.m. Monday through Friday. It will close at 6 p.m. Oct. 18.

The Oklahoma County center is at Luther Town Hall in the upstairs conference room at 119 S Main St. It is open from 8 a.m. to noon and 1 to 5 p.m. on Monday through Friday. It will close at 5 p.m. on Oct. 18.

Small Business Administration help also is available in the FEMA/State Disaster Recovery Center in Cleveland County, at Twelve Corners Baptist Church, 15601 E Etowah Road in Noble.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

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