Applying for FEMA disaster assistance? You should apply for an SBA loan too, FEMA says - WKMG News 6 & ClickOrlando

2 years ago 65

Homeowners, renters, businesses tin get low-interest loans

FEMA opens catastrophe betterment halfway successful Orange County aft Hurricane Ian

ORLANDO, Fla. – Thousands of radical crossed Florida are eligible for catastrophe assistance from FEMA pursuing Hurricane Ian. But if you are applying for help, FEMA wants you to use for a catastrophe indebtedness from the Small Business Administration too.

SBA catastrophe loans are low-interest, semipermanent loans to assistance radical successful declared catastrophe areas: renters, homeowners, businesses and different groups. Loans tin beryllium utilized for location oregon idiosyncratic property, concern property, oregon system injury. They besides screen losses not afloat covered by insurance.

FEMA says immoderate radical whitethorn beryllium successful a presumption wherever they are not eligible for assistance done the agency, but they mightiness beryllium eligible for a loan, which is wherefore FEMA wants radical to use for some FEMA catastrophe assistance oregon SBA loans.

Homeowners whitethorn beryllium capable to get loans of up to $200,000 for structural repairs. Homeowners and renters whitethorn besides suffice for up to $40,000 to regenerate important idiosyncratic property, including automobiles.

If you are approved for an SBA loan, you’re nether nary work to instrumentality it. However, nonaccomplishment to instrumentality an SBA indebtedness exertion could disqualify idiosyncratic from different fiscal assistance.

You tin use for an SBA indebtedness utilizing an physics indebtedness exertion on the SBA website. You tin besides petition a insubstantial exertion by calling SBA lawsuit work astatine 1-800-659-2955.

You tin besides use by going to a Florida Disaster Recovery Center, wherever SBA catastrophe indebtedness specialists are available. The centers are unfastened mundane from 9 a.m. to 6 p.m. You tin find them successful the pursuing Central Florida counties:

ORANGE COUNTY

Barnett Park, 4801 W. Colonial Drive, Orlando, FL 32808

OSCEOLA COUNTY

Hart Memorial Central Library, 211 E. Dakin Avenue, Kissimmee, FL 34741

POLK COUNTY

W.H. Stuart Center, 1702 S. Holland Pkwy, Bartow, FL 33830

SEMINOLE COUNTY

Seminole State College - Barbara Miller Automotive Center, 100 Weldon Blvd., Sanford, FL 32773

VOLUSIA COUNTY

Volusia County Health Department, 1845 Holsonback Drive, Daytona Beach, FL 32117

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