Eligible homeowners may borrow up to $200,000 for home repair or replacement of primary residences. Eligible homeowners and renters may borrow up to $40,000 to replace disaster-damaged or destroyed personal property. Businesses of all sizes can qualify for up to $2 million in low-interest loans to help cover physical damage. Small businesses and most private … Continued
Survivors referred to the Small Business Administration must apply with SBA even if they feel they cannot afford or do not want a loan in order to receive some FEMA assistance. Whether a loan is wanted or not, the SBA loan application may trigger additional grant assistance through FEMA’s Other Needs Assistance (ONA) program, administered … Continued
When a federal disaster is declared, the SBA is authorized to offer low-interest disaster loans to businesses of all sizes (including landlords), private nonprofit organizations, and to individual homeowners and renters who have sustained damage in Sonoma County.
The U.S. Small Business Administration (SBA) provides low-interest disaster loans to businesses, private nonprofits, homeowners and renters. Survivors of the California wildfires may have questions about the SBA. SBA disaster loans are the primary source of federal long-term disaster recovery funds for disaster damage not fully covered by insurance or other compensation. SBA’s Office of … Continued
Simple rules to avoid becoming a victim of fraud when looking for a contractor: Only use contractors licensed by the state of California Get a written estimate of costs and get estimates from more than one contractor Demand and check references Ask for proof of insurance Examples of proof include liability and Workmen’s Compensation Insist … Continued
