Personal property and debris from a house in the most heavily damaged area of West. (Photo by John Carroll)
WEST (May 3, 2013)—Low-interest Small Business Administration loans are available for residents of several Central Texas counties affected by the deadly April 17 fertilizer plant explosion in West.
SBA funds are designated for residents of McLennan County and neighboring Bell, Bosque, Coryell, Falls, Hill and Limestone Counties.
SBA officials announced the long-term loans in response to a request from Gov. Rick Perry.
Disaster loans of as much as $200,000 are available to repair or replace damaged or destroyed real estate and homeowners and renters are eligible for as much as $40,000 to repair or replace personal property.
Businesses may borrow as much as $2 million to repair or replace real estate, machinery and equipment, inventory and other assets.
The April 17 blast that leveled the West Fertilizer Co. facility killed 15 people and left about 200 hurt.