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

Small business owners really have the best entrepreneurial skills around. Many times when a business owner is stuck on some issue it may only take a single published article online to clear the confusion or misunderstanding. Our pandemic has created issues that are common to us all. As entrepreneurs working collectively sharing accredited information from official channels we strive to bring you the best information available for your business recovery.

Does this sound like you?

You read and understand every section of HR1319 - American Rescue Plan Act of 2021 that offers assistance to small business owners and are able to identify the path to disaster recovery with the least amount of additional disaster debt burden placed on the small business owner.
You understand loan risks and have read the SBA SOP of 2018 to include SBA OIG audits on defaulted loans and the SBA loan officers common mistakes in processing loan approvals.
Additional / Optional knowledge of:
- HUD CDBG, CDBG-DR, CDBG-CV
You may have completed the most recent HUD Exchange training related to the CDBG-CV and CDBG-DR programs and even enjoyed the lessons.

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SBA contacts assigned to HUD Guidance June 20, 2019 SBA loan payoff El Paso Servicing Office

HUD Guidance June 20, 2019 outlines who and what SBA loans will be paid in full using HUD CDBG-DR federal grants and the El Paso Servicing Office office of the SBA is managing the process.

By Murray Wennerlund published 11-1-2022 updated 11-1-2022
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SBA Repayment Reports published by phase for the State of Louisiana.

Shared information from the state of Louisiana Office of Community Development - Disaster Recovery Unit and the Department of Administration regarding the processing of US Treasury disbursements of HUD funds used to repay SBA loans.

By Murray Wennerlund published 11-1-2022 updated 11-1-2022
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Homeowners Demand SBA Status and Code Review, SBA DOB experience

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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Federal Disaster Assistance

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.

Decline Code 34 Credit is available elsewhere.

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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Contribute when you can.

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.

Borrower may not use an oral statement of SBA to contradict or alter the written terms of this Note.

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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Louisiana disaster victims to pay HUD fair market value for temporary shelters provided by FEMA

By Murray Wennerlund 5-3-2023

Every disaster leaves thousands of Louisiana families homeless. FEMA typically is the first to provide temporary shelter. The FEMA housing program goes for 18 months then becomes a for profit shelter by charging fair market rents to the homeless families

Restore Louisiana OCD-DRU denies homeowners entry to HUD CDBG-DR program because of missing FEMA damage report

By Murray Wennerlund 4-7-2023

FEMA doesnt inspect all damaged homes after a disaster. They often focus their efforts on most impacted and distressed areas. Often times you can be within the area of a disaster and be the only home on the block that is damaged.

Why is it taking so long to process my HUD CDBG-DR Restore Louisiana Homeowners Grant

By Murray Wennerlund 3-28-2023

Every federally declared storm has a name and number and your state will make up a new name and number for the branch of government that is responsible for assisting homeowners with their recovery. Same Process, Procedure, People only contractors change.

SBA contacts assigned to HUD Guidance June 20, 2019 SBA loan payoff El Paso Servicing Office

Economic Injury Disaster Loan EIDL Self-Employed and Independent Contractors 30 year term

SBA Repayment Reports published by phase for the State of Louisiana.

Homeowners Demand SBA Status and Code Review, SBA DOB experience

Decline Code 33 Not eligible because the applicant is not a small business.

Decline Code 34 Credit is available elsewhere.

Decline Code 43 Not eligible due to character reasons.

Decline Code 31 Economic injury is not substantiated

Decline Code 35 Not located in the declared disaster area.

Borrower may not use an oral statement of SBA to contradict or alter the written terms of this Note.