Freeze Damaged Homes/Businesses Eligible for SBA Loans

Hillsborough and Polk county residents and businesses that suffered damage during the January 2010 freeze between January 2 and February 1 can apply for low-interest federal disaster loans from the U.S. Small Business Administration.

In March, Disaster Assessment Teams inspected homes and property near the Dover/Plant City area for sinkhole damage caused by the January freeze.

Loans up to $200,000 are now available to homeowners to repair or replace damaged or destroyed real estate; and up to $40,000 for damaged or destroyed personal property. The disaster declaration covers Hillsborough, Polk, Hardee, Manatee, Pasco and Pinellas counties.

The Disaster Loan Outreach Center will be located at the Plant City Visitors Center, 1702 N. Park Road in Plant City.