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Shasta County Declared Disaster Area

Thursday, August 26, 2004 - 08:15 PM

The federal Small Business Administration named Shasta County a disaster area Thursday - a day after a similar state declaration responded to wildfires that burned 23-thousand acres and destroyed 106 homes there earlier this month.

The S-B-A's declaration will make low-interest federal loans available to homeowners, renters and businesses whose property was damaged or destroyed.

Loans can be up to 200-thousand dollars to repair or replace damaged or destroyed real estate and up to 40-thousand dollars for possessions.

Businesses are eligible for up to one-and-a-half (m)million dollars.

The S-B-A has a disaster center at the Boggs Building in Redding to help victims apply for the loans.


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