Residents near Lake Taneycomo, MO urge victims to rethink taking small business disaster loans.

June 23, 2011

A KY3 investigation reveals that fewer than half of the people who applied for U.S. Small Business Administration disaster loans after severe storms and flooding in southwest Missouri in 2008 got loan approvals and took the money. We started looking into the effectiveness of the program after our latest round of severe weather. We found many don’t want the loans, and others who took them have regrets.

Posted in Disasters, Extra Extra