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   JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon says Missouri employers could save $186 million in federal taxes after a revised projection indicates money borrowed to pay jobless benefits will be repaid early.
   The state Unemployment Insurance Trust Fund became insolvent in February 2009 during the economic downturn. Missouri borrowed from the federal government, and businesses pay a surcharge to repay the debt.
   Nixon said Tuesday the U.S. Department of Labor revised its projection for when Missouri would pay off the loan. Now, the state is expected to repay it in November instead of May 2015. Nixon says that would reduce business's federal unemployment tax by $84 per worker.
 
Published in Local News

JEFFERSON CITY, Mo. (AP) - People whose Missouri homes and businesses were damaged by floods and strong storms in August now can qualify for federal low-interest loans.

The U.S. Small Business Administration on Tuesday approved disaster aid for Pulaski and Taney counties, as well as their neighboring counties of Camden, Christian, Douglas, Laclede, Maries, Miller, Ozark, Phelps, Stone and Texas. The aid is for damage that occurred from Aug. 2-14.

Homeowners can get loans of up to $200,000 for their real estate, and owners and renters can get loans of up to $40,000 to repair or replace damaged personal property. Businesses and nonprofit groups can get loans of up to $2 million.

President Barack Obama previously approved federal aid for public entities in 18 Missouri counties but denied a disaster declaration for individual assistance.

Published in Local News

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