Federal Disaster Loans Available After West Blast - NBC 5 Dallas-Fort Worth

Fertilizer plant explosion levels several blocks of small Texas town

Federal Disaster Loans Available After West Blast



    Federal Disaster Loans Available After West Blast
    Pool photo
    The nearby apartment complex, severely damaged. Such destruction.

    Federal low-interest loans are available for people in several Central Texas counties affected by the deadly West fertilizer plant explosion.

    The Small Business Administration funds are for residents of McLennan County, plus neighboring Bell, Bosque, Coryell, Falls, Hill and Limestone counties. The April 17 blast that leveled the West Fertilizer Co. facility killed 14 people and left about 200 hurt.

    SBA officials on Thursday announced the long-term loans in response to a request from Gov. Rick Perry.

    Disaster loans up to $200,000 are available to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace personal property.

    Businesses may borrow up to $2 million to repair or replace real estate, machinery and equipment, inventory and other assets.

    West Fertilizer Plant Explosion
    Complete coverage of a massive fertilizer plant explosion that leveled blocks of the small Texas town of West, TX. Click here for more.