Monday, June 3, 2013

An SBA Disaster Assistance Loan Application is Key to Some FEMA Grants

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06/03/2013 02:14 PM EDT

AURORA, IL – FEMA disaster assistance applicants who do not complete and submit the companion U.S. Small Business Administration disaster assistance loan application could be throwing money away.

No FEMA applicant is required to accept an SBA disaster assistance loan. However, the SBA loan application provides financial information necessary to determine whether to offer a low interest loan or refer the applicant back to FEMA for possible additional grant assistance.

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