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.
Economic injury is a change in the financial condition of a small business concern that is directly attributable to the effects of the declared disaster.
By Murray Wennerlund published 10-31-2022 updated 10-31-2022
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If you need a quote for a new manufactured home for the Louisiana Restore program send a note with your old VIN number and your status in the program. All we can do is help you get the quotes for the MHU you are looking to replace. Contact me
With more independent contractors, freelancers, gig workers being counted out of the disaster recovery process it looks like SBA Economic Injury Disaster Loans may be a low costs option but only if your business is going to be able to return.
By Murray Wennerlund published 8-6-2020 updated 8-6-2020
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Unsatisfactory credit history, the stop to many that may have been a mistake but also may be true. Lets make sure we dont add disaster debt burden on our business and our household that can not be repaid. Whats the reason? Lets explore more options.
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.
I am asked often if I would do carpentry work in my area. I'm getting too slow to actually handle most of the jobs I'm asked to do. I'd like to handoff the work to a carpenter that's better than me. I'm always looking for a good carpenter helper for projects I take on. Contact me and get listed and working.
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
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SBA to determine whether credit in an amount needed to accomplish full disaster recovery is available from nongovernment sources on reasonable terms and conditions without creating an undue financial hardship.
By Murray Wennerlund published 10-31-2022 updated 10-31-2022
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When you are navigating the federal disaster assistance agencies your first stop should be to the TruckAndTools.Com Disaster Resources. Every disaster agency uses the same process but not every disaster agency follows strict policy and guidance. Don't go into your disaster recovery with blind trust of your federal and state agencies that are leading the push to get you sheltered and out of the program.
The SBA Fix didnt come quick enough for those wrongfully labeled ineligible for HUD CDBG-DR grants that cover unmet needs after the disaster. Many remained homeless and are still homeless today because of the lack of concern from state managers.
By Murray Wennerlund published 11-1-2022 updated 11-1-2022
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