Network TV Online
Network News Latest
Network News Video
Network Top Stories
Alaska News Videos
Alaska SuperViewer
ABC Alaska Obituaries
Email the ABC Alaska Newsroom
The CW in Alaska
ABC Alaska SuperWorks

Alaska Approved For Federal Loan For Juneau Energy Crisis

Tools

Although Juneau does not qualify for the federal disaster status, an "economic injury" declaration may assist small business owners who are struggling during the disaster. Photo courtesy the AP.

Jamey Kirk

Alaska has been approved for an Economic Injury Disaster Loan declaration for Juneau. The federal Small Business Administration approved the state's request for a loan of up to $1.5-million at a rate of 4-percent.

Since last month's avalanche, which downed power lines that connect to the city's hydroelectric plant, the city has been subsisting on energy provided by backup diesel generators.

Juneau, said Governor Sarah Palin, did not qualify for federal disaster status.

However the city did qualify for an "economic injury" declaration, which provides business loans, which requires that a minimum of five businesses be affected by the disaster.

Icon
Anchorage 55.0 °F
Icon
Fairbanks 45.0 °F
Icon
Juneau 49.0 °F
More Weather

weather2

MUROWSKI'S SENATE RUN

If Murkowski does not win the GOP senate seat, would you support her run as an independent?

  • Yes
  • No

Tonight on ABC

Flash Forward
7.00
flash forward
8.00
grey's anatomy
Private Practice
9.00
private practice
Vacation Rentals 411
Desperate Housewives
Ugly Betty
Brothers and Sisters