Flood victims could be eligible for loans

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People and businesses in six Vermont counties could be eligible for low-interest loans to help them recover from severe flooding earlier this month.

The U.S. Small Business Administration says homeowners could get loans of up to $200,000 to repair or replace damaged or destroyed real estate.

Loans of up to $40,000 will be available for homeowners and renters to repair or replace damaged or destroyed personal property.

Businesses can borrow up to one-and-a-half million dollars.

Loans will be available to people who live in Washington, Addison, Caledonia, Chittenden, Lamoille and Orange counties.

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