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Small Business Administration offering low-interest loans for those affected by July flooding

The U.S. Small Business Administration is offering low-interest federal disaster loans to businesses, nonprofits, and residents in additional counties affected by July flooding.

Eligible businesses may borrow up to $2 million in physical disaster loans to repair or replace disaster-damaged or destroyed real estate and inventory.

Homeowners can apply for up to $500,000 to replace or repair their primary residence.

The disaster declaration includes Kendall County.

Find more information at sba.gov/diasater.