Returning Low-Interest SBA Loan Application Critical to Recovery

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Release date: 
October 6, 2011
Release Number: 
4019-065

RALEIGH, N.C. -- For many in Carteret County recovering from Hurricane Irene, completing a disaster loan application is an essential step in recovery. Help in taking that important step is available starting Monday, Oct. 10, with the opening of a Small Business Administration disaster loan outreach center.

The disaster loan outreach center at the Carteret County Planning Building, 402 Broad St. in Beaufort, will be open 8 a.m. to 5 p.m. through Friday, Oct. 14.

Money to repair or replace hurricane-damaged real estate and personal property – including automobiles – may be available through low-interest SBA disaster loans.

Homeowners, renters, certain nonprofit organizations and businesses of all sizes in all designated counties can apply for SBA loans to pay for disaster-related damages. People with home-based businesses or rental property affected by the hurricane may also be eligible for SBA loans.

For many people, a completed SBA loan application is necessary to be considered for some types of grants from the Federal Emergency Management Agency.  Homeowners and renters who receive SBA loan applications must complete and return them to be considered for FEMA and state assistance that covers personal property, vehicle repair or replacement, and moving and storage expenses.

Registering with FEMA is the first step in seeking federal financial disaster assistance. It can be done online at www.DisasterAssistance.gov or by calling 800-621-FEMA (3362) or (TTY) 800-462-7585.

The SBA Disaster Customer Service Center toll-free number is 800-659-2955 or (TTY) 800-877-8339.  Help is also available by sending an email to disastercustomerservice@sba.gov or by going online at www.sba.gov.

Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency or economic status.  If you or someone you know has been discriminated against, call FEMA toll-free at 800-621-FEMA (3362). For TTY call 800-462-7585.

FEMA’s temporary housing assistance and grants for public transportation expenses, medical and dental expenses, and funeral and burial expenses do not require individuals to apply for an SBA loan. However, applicants who receive SBA loan applications must submit them to SBA loan officers to be eligible for assistance that covers personal property, vehicle repair or replacement, and moving and storage expenses.

FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Last Updated: 
July 16, 2012 - 18:46
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