FEMA Tallies Hawaii Damage from Japan Tsunami at $6.2 Million

June 14, 2011

Federal aid has been approved for those in Hawaii affected by tsunami waves from the March earthquake in Japan.

The Honolulu Star-Advertiser reported that so far the U.S. Small Business Administration has approved 14 claims for low-interest federal disaster loans across the state.

Five claims were for homes and nine for businesses.

The Federal Emergency Management Agency assessed about $6.2 million in damage at small-boat harbors.

FEMA is expected to pay 75 percent of repair costs.

Disaster loans up to $200,000 are available to homeowners.

Homeowners and renters can receive up to $40,000 for personal property.

Businesses and nonprofits may borrow up to $2 million.

The deadline for loans was May 31, but small-business owners have until Dec. 29 to apply for economic injury disaster loans.

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