FLINT, Mich (WLNS) – Small business owners in Flint who have been hit hard by the tainted water crisis in that city will now have easier access to federal help.
The Small Business Administration has given quick approval to declaring Genesee County and the city of Flint eligible for economic injury disaster loans.
As part of that declaration the SBA will open a Flint Business Recovery Center that will be open for hours beginning today through February 25th.
The Business Recovery Center will operate out of the Oak Business Center at 2712 Saginaw Street and its hours are Monday-Friday from 8:00AM to 5:00PM.
Michigan’s U.S. Senators Gary Peters and Debbie Stabenow, along with Flint Congressman Dan Kildee, all said they were pleased with the prompt decision to open the SBA office and make loans available.
Eligible businesses and non-profits are now able for up to $2 million in long term, low interest loans, depending on their circumstances. Loan applications through the SBA will be accepted through November 7, 2016.