TALLAHASSEE, Fla. (AP) - The Small Business Administration has approved more disaster loans for businesses and residents in South Florida.
Gov. Rick Scott on Tuesday announced the SBA has approved his second request for a disaster declaration for that area in less than a month.
The new declaration covers severe storm damage and flooding Oct. 28-31 in Broward, Collier, Hendry, Miami-Dade and Palm Beach counties.
The SBA last month approved a declaration for tornados and severe weather that hit the same five counties on Oct. 18.
Homeowners can get loans of up to $200,000 to repair or replace damaged or destroyed real estate. Homeowners and renters can get loans of up to $40,000 to replace or repair damaged or destroyed personal property.
Small businesses can get loans to meet disaster-caused working capital needs.
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