Montgomery County declared disaster area

August 20, 2008 4:57:17 PM PDT
The federal government has declared a disaster area in the suburban Philadelphia county where an apartment fire displaced hundreds of people. Gov. Ed Rendell says Wednesday's decision to call Montgomery County a disaster area means victims of the Aug. 13 Conshohocken blaze may now apply for low-interest loans. The loans from the U.S. Small Business Administration will help pay to repair damages to personal possessions and buildings.

Loans of up to $40,000 are permitted to repair or replace personal property not covered by insurance. Business owners can borrow up to $2 million.

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