HORRY COUNTY, S.C. (WBTW) — The Small Business Administration is offering disaster relief loans to help those along the Grand Strand impacted by Hurricane Ian.

The low-interest loans are available for “physical damage” and “economic injury.”

The SBA said businesses and non-profits are eligible for the loans. Homeowners can also apply.

“We offer up to $2 million to businesses and non-profits in the form of disaster assistance loans and a repayment up to 30 years,” said Liliana Tschanett, a public affairs specialist with the Small Business Administration. “For residents that have their primary residence in Horry County, one of the main counties affected, they could get up to $200,000 in loans to repay up to 30 years and the first year interest free.”

In South Carolina, most of the assistance is based in Horry, Georgetown, and Charleston counties.

The administration reports more than 100 applications totaling $1.3 million in loans have been approved.

About 20% of applications in the News13 viewing area have been approved.

To apply for a disaster relief loan, visit the Small Business Administration website and click on the “Apply for Disaster Loans” button.

📲 Download the News13 app to stay updated on the go.
📧 Sign up for WBTW email alerts to have breaking news sent to your inbox.
💻 Find today’s top stories on WBTW.com for the rand Strand and Pee Dee.

* * *

Manny Martinez is the weekend evening anchor and a reporter at News13. Manny is from Chicago. He graduated from Syracuse University with a degree in broadcast journalism. Follow Manny on Twitter and read more of his work here.