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8:35 am
Fri May 11, 2012

Woodward Tornado Center to Close

WOODWARD, Okla. (AP) — A center set up to help victims of last month's tornado in Woodward is closing.

The U.S. Small Business Administration says its Disaster Outreach Center will shut down Wednesday.

The agency opened the center to help residents and business owners who were affected by the April 15 storm apply for assistance. The storm killed six people and damaged 224 homes and businesses.

SBA officials say disaster loans of up to $200,000 are available to homeowners to repair or replace real estate that has been damaged or destroyed. Homeowners and renters are eligible for up to $40,000 to repair or replace personal property that has been damaged or destroyed.

Businesses and private, nonprofit organizations may borrow up to $2 million to replace or repair real estate, machinery and other business assets.

Copyright 2012 The Associated Press.