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.
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For some households, the information I provide helps them get back in their homes. Others I've had a hand in helping them recovery from some of their disaster debt burden. In any case, when you use the information I provide and it's helpful and makes you more successful with your disaster rebuild or new construction then feel free to contribute what you can and when you can. It helps with the hours of unpaid research and reading.
Full and Partial loan amounts by category: You must request from the SBA a breakdown of your loan. Structural repair or replacement of real estate and contents, non-structural.
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
Economic Injury Disaster Loans EIDL are available only to a small business engaged in an eligible business activity. Business activity means the nature of the business conducted by the applicant.
By Murray Wennerlund published 10-15-2022 updated 10-15-2022
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If you have made a mistake submitting your company revenue and know the correct figures which you have documented proof. You can follow the following steps for reconsideration.
What the SBA customer representative says or what your loan officer says will not change the LAA section that is the loan note. Be sure you understand and read your LAA and understand your promissory note.
By Murray Wennerlund published 10-23-2022 updated 10-23-2022
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