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Small Business Administration closing Michigan loan outreach center set up after August floods

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DEARBORN, Michigan — The U.S. Small Business Administration is closing a disaster loan outreach center in southeastern Michigan that was set up following August's flooding.

The agency says that Thursday's planned closing is due to a steady decrease of activity at the Dearborn location. It says those interested in obtaining low-interest loans because of the disaster are encouraged to visit the center before it shuts down.

Last week, the agency announced it was closing three business recovery centers in southeastern Michigan for the same reason. Officials say southeastern Michigan residents have registered to receive nearly $230 million in federal disaster relief funds and loans.

Those applying for Federal Emergency Management Agency assistance have until Sunday to register. Those applying for SBA assistance have until Monday to register.


Online:

http://disasterloan.sba.gov/ela

http://www.sba.gov/disaster

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