Oklahoma Watch

Oklahoma Tornado Project
8:45 am
Tue August 5, 2014

Auditing the Storm: A Look At Low-Interest Disaster Loans

The Bricktown Hotel and Convention Center was approved for the largest Small Business Administration disaster loan for damage in the May 31 storms.
Kate Carlton Greer Oklahoma Tornado Project

After a federally-declared disaster, the U.S. Small Business Administration issues low-interest loans to help homeowners and businesses recover. The agency disbursed over 20-million dollars to Oklahomans following last year’s severe weather outbreak in the central part of the state.

As part of the series between The Oklahoma Tornado Project and Oklahoma Watch tracking federal aid, Kate Carlton Greer looks into exactly what it takes to get one of those loans.

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