SBA Disaster Federal Secured Loans Federally Secured Low Interest Loans managed by the SBA

The Small Business Administration SBA and FEMA team up and offer Federal Money in the form of a low interest rate Federally Secured Loan. SBA Manages the process while FEMA funds the money.

SBA Disaster Loan Program the Duplication of Benefits story you heard when it was too late.

Once you sign your SBA loan agreement for your disaster loan you also signed away any Grant money that you may have been eligible for at a later date. The key is never take a loan when you qualify for a grant but the grants come after the loans.

by Murray Wennerlund published 1/15/2022 2 min. 43 seconds read

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Louisiana State Representative Edward Ted James II SBA Regional Administrator District 6 South Central

First SBA announcement for the new year that may bring a shakeup to the disaster lending program. Or will Mr. James simply abandon the idea of creating a lending program designed to assist disaster recovery efforts and keep things as they are?

by Murray Wennerlund published 1/2/2022 2 min. 22 seconds read

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SBA Economic Injury Disaster Loan (EIDL) Program regulation changes Sept 8, 2021

Recent changes are: eligible uses of the loan proceeds, business size standard, maximum loan limits, appeal of application that has been declined for a second time.

by Murray Wennerlund published 10/3/2021 6 min. 46 seconds read

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Hurricane Ida Presidential Declaration of a Major Disaster for the State of Louisiana

The Small Business Administration on 09/03/2021 published to the Federal Register a Notice of the Presidential declaration of a major disaster for the State of Louisiana FEMA-4611-DR, dated 08/29/2021 for Physical Damage and EIDL

by Murray Wennerlund published 9/7/2021 1 min. 4 seconds read

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American Rescue Plan Act Duplication of Benefits concerns and alerts

SVO Grant is a duplication of benefits with the SBA EIDL and any PPP Draw. A duplication of benefits occurs when your business including self-employed gig workers receives financial assistance which can be in the form of federal secured loans

by Murray Wennerlund published 4/8/2021 updated 1-15-2022 3 min. 37 seconds read

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American Rescue Plan Act of 2021 SEC. 5002. TARGETED EIDL ADVANCE.

EIDL Advance is to make payments to covered entities that have not received the full amounts to which the covered entities are entitled under section 331 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act.

by Murray Wennerlund published 3/28/2021 updated 4-25-2021 5 min. 40 seconds read

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SBA Disaster Recovery Loans Group is teaming up with financial, tax, and loan processors.

The COVID-19 pandemic has forced hundreds of small business owners to search the internet for DIY assistance with SBA and US Treasury programs. From the CARES Act we will merge into the American Rescue Plan of 2021 with proper business planning.

by Murray Wennerlund published 3/18/2021 updated 4-26-2021 1 min. 10 seconds read

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SBA Targeted EIDL Advance Grant

COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. The Targeted EIDL Advance provides businesses located in low-income communities.

by Contributor published 1/28/2021 2 min. 26 seconds read

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Ask us about H.R. 133 Section 324 titled Save Our Stages (SOS) Shuttered Venue Operator Grants

Section 324 Summary of H. R. 133 Save Our Stages (SOS) Shuttered Venue Operator Grants Questions with Answers. Be sure to submit your question using the form near the bottom of this article. I will be updating this section as changes are published

by Murray Wennerlund published 1/26/2021 updated 2-10-2021 14 min. 32 seconds read

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Eligible person or entity means a live venue operator or promoter, theatrical producer, or live per forming arts organization operator, a relevant museum operator, a motion picture theatre operator, or a talent representative that meets the following

by Murray Wennerlund published 1/11/2021 updated 1-26-2021 20 min. 1 seconds read

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SBA Disaster Loans for Homeowners will cost you Federal Grants that are offered later.

SBA Disaster Loans - Federally Secured Loans.

The New Business and Industry (B&I) CARES Act Guaranteed Loan Program.

We look to our local municipalities and state government agencies to assist us in times of natural disasters. The COVID-19 is a declared disaster and all the same services offered for hurricane, flood, tornado, wildfires should be presented to the people as well as to all healthcare centers.

As I migrate from the SBA Disaster Loans issue of the 2016 floods that have been for the most part corrected to the COVID-19 virus pandemic I want to share what I'll be focused on so you can find the answers to what your needs are quickly. 

  • Housing costs (rents, mortgages) and the increased debt burden of households with confirmed cases of COVID-19.
  • Unemployment directly caused by the local, state or federal action, determinations, warnings related to reducing the spread of the COVID-19 virus. 
  • Educating local and state government to more than FEMA federal assistance and more than just SBA loans. 
  • Small Business Survival in pre and post disaster areas focused on business and industry impacted by the COVID-19 virus.


  • Asking questions is the best thing to start with. Begin with your local municipality then your state representatives, congressional representatives, state leaders like your governor. Know that 99.9% of all federal aid will be disbursed by your state and local governments. Many local government officials are not aware of what is available to them globally. This is due to the fact that most attend only FEMA training if anything and they are not aware of the other federal agencies and federal assistance that is available to local government and it's citizen populations.
  • We have several grassroots programs which can help you if you interact with them. Don't think for a moment recovery will come knocking on your door. You have to go out and make it happen. 

    We'll help you build your advocacy group as well as help you with becoming a positive change activist. 

    Resources you might be interested in.

    • SBA Disaster Recovery Loans Learn who should not apply. Learn what the SBA will do to approve you. Learn about low income homeowners without credit being offered loans by using their homes as collateral. Learn the truth about the SBA lending practices and how some homeowners would never be able to repay the loan.
      (National group focused on SBA Disaster Loans and what the true costs are.) 
    • Disaster Recovery Reform Act (DRRA) Focus: Disaster Feedback in relationship to Congressional Representatives actions for better recovery processes. This is a mix of federal policy with homeowners feedback related to federal disaster recovery policy. 

    Proposed / Needed Groups: 

    • State of XX HUD CDGB-DR Grantee: We need individuals that have time to administrate and moderate local groups focused on your state agencies that distribute HUD CDBG-DR grants. We will assist you with your setup and help you keep up with HUD policy as well as forecast what move your state will make within the program. We'll teach you how to be your states "Watchdog" to reduce government waste and to help guard against fraud against the American Taxpayers.
      (Groups by state for HUD CDBG-DR Grant award assistance. Groups need to form before FEMA - SBA applicants are started.



  1. FEMA tells you that your household needs to apply for IA and IHP grants.
  2. FEMA sends damage determination letter called FEMA Verified Loss (FVL).
  3. FEMA tells you to to apply to the SBA Disaster Loan program if you would like to continue with your disaster recovery.
    • FEMA may tell you that you must apply with the SBA and if declined by the SBA agency you will be referred back to FEMA for additional federal resources.
    • It is very rare this will ever happen and if it does you can expect maybe $7,000 or less in ONA (Other Needs Assistance) grants.
    • SBA will approve a loan for your household based on total income of $18,090 net per year.
    • SBA will approve your household if you have a credit score of 350 or more.
    • SBA will count all persons 15 years of age and older making a taxable income as part of the household income.
    • SBA will approve your loan based on the amount of insurance you have related to the disaster. Example: $150,000 in Flood insurance the SBA will lend that homeowner regardless of income or credit scores up to the maximum payout of the insurance policy.
    • SBA will approve your loan based on the collateral that was damaged and at pre-flood.
    • You're not told about HUD CDGB-DR grants that you may have been qualified for if you didn't apply to the SBA disaster Loan Program.
    • You're not told that Grants are awarded based on household income levels.
    • You're not told that if your household income is less than 80% AMI you will receive HUD CDBG-DR grants when they become available in about 12 months from the disaster month.
    • You're not told that if you take an SBA Disaster Loan that amount of the loan you are approved for will be counted as Duplication of Benefits against any future federal assistance even if you do not draw the full loan mount.

When FEMA directs you to apply for an SBA Disaster Loan and does not tell you that you are NOT required to apply for an SBA Disaster Loan that is mistake #1.

When the SBA Disaster Loan Program takes your credit and asset information for your application they will tell you when to expect your approval and your loan amount.

This is your Withdrawal period if you do not what to continue with the SBA Disaster Loan Program. You must ask them to withdraw you and to list your account status as "Withdrawn" or you my be classified as Approved which will be reported to your state Grantee handling your HUD CDBG-DR long term recovery. 

If you signed your loan documents and mailed them the time in the mail is the only time you have to also withdraw from the program. The SBA calls this the time before they start processing the loan which is the minute your loan application arrives in their processing department.

Once your loan is in processing your loan status can never be "Withdrawn" or "Declined" or "Canceled" it will remain "Approved".

This is your introduction to the SBA Duplication of Benefits issue we are about to explode open for you right now.

A 3 month research project has identified that over 1,000 Louisiana homeowners could actually be classified incorrectly by the SBA. Homeowners that called to withdraw their applications were classified as cancelled and "Dissatisfied with loan terms and conditions". This incorrectly place the homeowner in the Approved Loan status instead of a Withdrawn status by the SBA.
Other major issues we found during our 3 month research of the SBA loan issue and the state of Louisiana OCD-DRU to include their contractors was:

  • Low to Moderate Income households had to report to the Director of Homeowners Assistance individually SBA issues once the homeowner was aware of the issue. The program Appeals process did not allow a homeowner to appeal SBA issues because the State OCD-DRU and it's contractors have grouped all SBA issues into one group and have referred all homeowners with any SBA issues to their congressional representatives.
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