SBA Loans/Disasters

   / SBA Loans/Disasters #1  

dmccarty

Super Star Member
Joined
Sep 7, 2000
Messages
11,511
Location
Triangle Of North Carolina
Tractor
JD 4700
I just saw an article on Bank Rate regarding disaster aid. The link to the story is SBA Disaster Loans .

Basically if a storm victim has damage they can get low interest rate loan of up to a 30 year term to cover repairs to a primary residence and its contents. They have to go through FEMA first and then to the SBA. The SBA runs the loan program but the disaster aid is not releated to a business.

Maybe this will help some of our TBNers that have been hit by natural disasters this year.

Later,
Dan McCarty
 
   / SBA Loans/Disasters #2  
May not be so "low interest", according to a recent Pittsburgh Post Gazette article

FWIW.....
 

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