loan processing times, and
For extra information on small company Administration Disaster Loan Program related to , see CRS Insight IN11370, SBA EIDL and crisis EIDL Grants for , by Bruce R. Lindsay; CRS Report R46284, Relief Assistance to smaller businesses: problems and Policy Options, by Robert Jay Dilger, Bruce R. Lindsay, and Sean Lowry; https://spotloans247.com/payday-loans-oh/ and CRS Insight IN11357, -Related Loan Assistance for Agricultural Enterprises, by Robert Jay Dilger, Bruce R. Lindsay, and Sean Lowry.
Contents
Overview
This report responds to often asked questions regarding the small company management (SBA) Disaster Loan Program. The SBA Disaster Loan Program provides direct loans to assist organizations, nonprofit businesses, home owners, and renters repair or replace property damaged or destroyed in a federally announced tragedy. This system can also be built to assist tiny agricultural cooperatives retrieve from financial damage caused by a tragedy. SBA catastrophe loans consist of (1) Residence and Personal Property Disaster Loans, (2) Business Physical tragedy Loans, and (3) Economic Injury catastrophe Loans (EIDL). Many disaster that is direct (roughly 80%) are granted to people and households as opposed to smaller businesses. This system generally provides disaster that is low-interest at a fixed rate with loan maturities as high as three decades.
Key problems of great interest to Congress consist of:
For extra information on small company Administration Disaster Loan Program related to , see CRS Insight IN11370, SBA EIDL and crisis EIDL Grants for , by Bruce R. Lindsay; CRS Report R46284, Relief Assistance to smaller businesses: problems and Policy Options , by Robert Jay Dilger, Bruce R. Lindsay, and Sean Lowry; and CRS Insight IN11357, -Related Loan Assistance for Agricultural Enterprises , by Robert Jay Dilger, Bruce R. Lindsay, and Sean Lowry.
Introduction
This report responds to often asked questions regarding the small company management (SBA) Disaster Loan Program. Authorized by the little Business Act, the SBA Disaster Loan Program happens to be a supply of financial assist with companies, nonprofit companies, home owners, and tenants because they repair or replace home damaged or destroyed in a federally announced tragedy. 1 The SBA Disaster Loan Program can also be made to assist little cooperatives that are agricultural from economic damage caused by a tragedy. SBA tragedy loans include (1) Residence and Personal Property Disaster Loans, (2) business disaster that is physical, and (3) Economic Injury catastrophe Loans (EIDL).