SBA Loans To Assist Disaster Victims.
After a year of calamities occurring one after the other, the U.S. Small Business Administration is finally on the move and taking initiative, as their spokesperson said that they'll be issuing SBA loans to disaster victims.
In the latest news Small Business Administration is offering low-interest SBA loans for business owners whose operations or facilities were damaged from Irene. The disaster declaration covers the Connecticut counties of Fairfield, Hartford, Litchfield, Middlesex, New Haven, New London, Tolland and Windham, which are eligible for both Physical and Economic Injury Disaster Loans under the categories of SBA loans.
Disaster SBA loans up to $200,000 and $40,000 respectively are available to homeowners to repair/replace disaster damaged/destroyed real estate and personal property
To apply for SBA loans, call FEMA at 800-621-FEMA (3362). For additional information about the process, call the SBA Customer Service Center at 800-659-2955 or email-disastercustomerservice@sba.gov .