Lexington, KY (LoanSafe.org) - For many Kentuckians recovering after a storm in July, flooding and mudslides, completed disaster loan application process is necessary.
Funds to repair or replace flood damaged property, real and personal property (including automobiles) may be in the form of low-interest disaster loans from America Small Business Administration (SBA) has come.
SBA loan application to complete vital component for some federal disaster assistance from Emergency Management Agency (FEMA) has been considered. Owners who rent houses and to receive SBA loan applications are encouraged to complete and return them to the FEMA assistance that covers personal property, vehicle repair or replacement and transportation and storage costs are considered to be .
Register with FEMA, the first step in seeking federal disaster aid. This can be done online www.DisasterAssistance.gov or by calling 800 - 621 - FEMA (3362) or (TTY) 800-462-7585 for those with speech and hearing disabilities. Assistance is also available at registration centers, disaster recovery.
Homeowners, rental, business and nonprofit organizations of any size Pike in the city can apply for SBA loans to pay for accident damage. People with home based business or rental property have been damaged by the storm may also be eligible for loans SBA.
Homeowners can borrow to pay 200,000 dollars to repair or replace the primary residence is. Homeowners can borrow or rent to $ 40,000 personal property lost in the disaster to replace.
Business owners can borrow up to 2 million dollars to repair or replace disaster damaged real estate and real, machinery and equipment, inventory and assets other business. SBA small business owners as well as economic injury disaster loans for business expenses from continuing economic impact of natural disasters recover. Economic injury loans are available, even if businesses were damaged
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