(KTEN) — The Small Business Administration has set up locations in Love and Murray Counties, to help local business owners who were impacted by the devastating storms on April 27th.

The SBA is offering federal loans to help local business owners who received substantial damage to their businesses.

"We are the largest source of funds for privately damaged properties post disaster. A combination of physical damages and economic injury." “Stated Public Information Officer Susheel Kumar.

Through these loans, local business owners can apply for up to $2 million in financial help to get their business back on its feet.

"If we have a business owner that did have insurance, and the insurance company only pays, for example, 50%, the remaining 50% is eligible for us." Kumar explained.

The SBA has already spoken with over fifty business owners.

"Thank goodness we were well insured.” Said Sulphur business owner Christy Morris. Morris is a co-owner of the Mix Mercantile in Sulphur. The Future looks bright for Morris’s business. “We do plan on building back, and we'll use the funds from the SBA to help do that."

Although it will be a long process, the SBA wants to help all of the businesses that they can.

"Things come to a complete stop post disaster.” Kumar explained. “Our job is to maintain that tax base, to continue with the business spending, to continue with the personal spending, and help people get back on their feet."

"I think that maybe it's made it easier, thinking about the future instead of what we're tasked with right now. Stated Morris. “There will be some good that comes out of it."

The SBA is accepting applications for physical damage until July 1st of this year, and for economic injury until January 30th of 2025.