federal disaster loans News

Deadline to Apply for Disaster Loans after Louisiana Flooding: Oct. 14

Time is running out for business owners, homeowners and renters with damage from the August floods to apply for federal disaster loans. The Louisiana Department of Economic Development says the deadline to seek the low-interest loans from the U.S. Small …

After Blizzard, Federal Disaster Loans Offered in 7 New Jersey Counties

Some residents and businesses in seven New Jersey counties affected by last month’s blizzard might be eligible for low-interest federal loans to help with recovery efforts. Eligible homeowners and renters can borrow up to $200,000 for repairs or replacements from …

Federal Officials Reopen Disaster Loan Filing Period for Sandy Victims

Federal officials have reopened the filing period for Superstorm Sandy victims to apply for low-interest disaster loans. The Small Business Administration says the move was authorized by legislation that President Obama signed late last month. Thousands of New Jerseyans were …

Drought-Related Disaster Loans Available to 2 West Virginia Counties

Small businesses and private nonprofit organizations in two counties in West Virginia can apply for federal disaster loans for economic injury resulting from drought. The U.S. Small Business Administration’s economic injury disaster loans are available in Pendleton and Pocahontas for …

GAO Report Finds SBA Didn’t Meet Timeliness Goal for Sandy Loans

A new report from the U.S. Government Accountability Office (GAO) has found that following Superstorm Sandy, the U.S. Small Business Administration (SBA) did not meet its timeliness goal for processing business loan applications. GAO’s report, titled “Small Business Administration: Additional …