The U.S. Small Business Administration has approved more than $165,000 in economic injury loans to help 38 Baltimore-area small businesses and nonprofits recover from civil unrest related to the death of Freddie Gray.
This May 1, 2015, file photo provided by the Baltimore Police Department shows, top row from left, Caesar R. Goodson Jr., Garrett E. Miller and Edward M. Nero, and bottom row from left, William G. Porter, Brian W. Rice and Alicia D. White, the six police officers charged with felonies ranging from assault to murder in the death of Freddie Gray. Baltimore prosecutors on Monday, Feb. 8, 2016, asked a judge to delay the trials of Rice, Miller and Nero, who are charged with assault, misconduct and reckless endangerment. Rice is also charged with manslaughter. (Baltimore Police Department via AP, File)
The numbers released Feb. 12 bring the total riot-related costs to at least $33.4 million. That includes a state estimate of $19.4 million for emergency protective measures and public-property damage, plus $12.9 million in paid insurance claims.
The low-interest SBA loans are to help small enterprises meet working capital needs. In July, the agency approved about $18,000 in loans to help repair physical damage to 24 properties.
The Baltimore Development Corp. says more than 400 businesses sustained damage or inventory losses.
Gray was a 25-year-old Black man who died in April from injuries he suffered in police custody.