Some businesses are realizing there will be little federal help to rebuild after suffering massive flood damage.
Along Riverside Drive in downtown Clarksville, John Gilreath owns Golden Eagle Jewelry, which is still standing. His rubies, diamonds and gold can be salvaged too. But the building has to be gutted. He asked FEMA for help and was turned to the Small Business Administration, which offered him loan at 4% interest, but no grant.
“I’m just mad as hell about it all. And it just is beyond belief that you can live in a country that writes checks for everybody, based on my money, but yet when I’m in deep trouble, and I’m one of the guys that has paid the bills all my life, there are no grants for me.”
Gilreath, his wife, and eight employees are still busy pressure washing and ripping out drywall five feet up where the Cumberland River crested. Despite being out of commission for months, Gilreath says he will find a way to pay his employees.