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Wednesday, October 06, 2021

SBA Disaster Loans Available to Businesses and Homeowners Impacted by Hurricane Ida

Homeowners, residents and businesses are now eligible for Small Business Assistance (SBA) loans for any damages suffered from Hurricane Ida. Applications for physical damage are due by November 9, 2021. Applications related to economic injury are due by June 10, 2022.
 
The following loans are available:

Business Physical Disaster Loan – loans to businesses to repair or replace disaster-damaged property owned by the businesses, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.

Economic Injury Disaster Loans – Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.

Home Disaster Loans – Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.
 
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/ela or over the phone at 800-659-2955. Email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

4 comments:

  1. The republicans want to stop gives away so let's use their plan and not give any money to any of them or their business for losses because of IDA or COVID and let's also take away their bankruptcy loop holes.in that any of the business owners who go belly up have a first liability to pay all their debts first and foremost. Freeze all their assets and pay down the debts to others first. Then they might get anything that is left.

    I know this would completely against their grifting sleaze bag of a cult leader who regularly does not pay his debts, fights everyone to pay less then what was contract, does not uphold his own lease payments, grifts from his cult followers and declares bankruptcy to get out from millions of dollars of debt while bankrupting others.

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  2. We really should be cutting handouts to long term (five years or more, for example) welfare recipients to pay for this.

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  3. One can only receive welfare in the US for a total of 60 months per lifetime. That's been the law for over 20 years now.

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  4. @6:26. Check your world and see how many people you are personally close to get handouts. Grand kids for college, business get grants, banks get to write off loan they give to failures and dead beats. business get protected from bankruptcies, politicians get protected from everything. I say if you do away with one you do away with all of the give aways. You cannon have it both ways. Absolute hypocrisy.

    I know someone who bitched all the time about giveaways until his daughter had a child out of wed lock and she got all the give aways but it was ok for her because she deserved them because she was white and Christian. But everyone else did not deserve them.

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