From: LouAnna Cook
Location: Folsom , Louisiana |
Comment:
If I did not receive any Fema aid can i apply thru SBA for disaster assistance? |
Reply:
Welcome to today's chat. This is Hector Barreto with Herb Mitchell, head of the SBA's Office of Disaster Assistance. We will provide as much information as we can, and answer as many questions as possible. We know that the hurricanes represent an unprecedented disaster in our history and require and unprecedented response. Yes, you can apply to the SBA for disaster assistance. You may phone the SBA's Disaster Customer Service Center at 1-800-659-2955. |
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From: John A. Montalbano
Location: Diamondhead, , Ms |
Comment:
I undersatand the SBA will loan money for upgrading home protection such as storm shutter and others |
Reply:
Your loan may be increased by up to 20 percent for protective measures to avoid or minimize damage from future disasters or storms. |
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From: Ruth Smith
Location: Pemroke Pines , Florida |
Comment:
My business has been shut down due to Hurricane Wilma. I don't know when I will be able to reopen and resume normal income. I have 5 children and can not survive financially with out my business. I was referred to you by FEMA. Is there anything that I can apply for? Do I fall under the guildlines? Please e-mail me back : mommy05@bellsouth.net. Thank you in advance for your time. Ruth Smith |
Reply:
Your business may be eligible for assistance to repair property damage and for working capital. |
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From: Beverly Harmon
Location: Orange , Texas |
Comment:
I am not a small business owner, but I have recently been affected by a disaster named Hurricane Rita. I have applied for a sba loan to do some repairs to my home. Can you tell me how long does it take to get an answer from sba and on the average how much in dollar amount can an individual apply for. Thank you for any help or suggestions. |
Reply:
We will try to get an answer to you as soon as possible. You are eiligible for a loan of up $200,000 for repairs to your home, and up to $40,000 for repairs to personal property. |
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From: Steven F. Catalanotto
Location: Metairie , LA |
Comment:
Has the SBA extended the deadline for business disaster loans? |
Reply:
The deadline has been extended to January 11, 2006 |
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From: William R. McHugh
Location: Bush , LA |
Comment:
Why have you not posted any information about the extension of the Katrina disaster loan application deadlines on your web site? This should be prominently displayed on your home page or on the main disaster page. |
Reply:
Complete information on the SBA's disaster recovery can be found online at http://www.sba.gov/disaster_recov/index.html, including information on the application extensions. Information on the deadline We are working with FEMA on hurricane releif, and |
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From: RHONDA KELLER
Location: WESTWEGO , LOUISIANA |
Comment:
i was a victim of hurricane katrina. how hard would it be to obtain a small business loan to start a business. i have fair credit, but do not have any collateral to offer thanks rhonda keller |
Reply:
You may be eligible for a loan under the SBA's regular loan program. You may phone 1-800-U-ASK-SBA to be directed to the resources available in your area. |
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From: e a smuck jr
Location: new orleans , la |
Comment:
what is the interest rate charged for a loan to rebuild a rental house?and the rest of the terms? |
Reply:
The interest rate is four percent and the term is for a period of 30 years. |
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From: Alva M. Jenkins
Location: Lawrenceville , GA |
Comment:
I recently applied for a SBA loan for hurricane katrina in Gautier, MS I have relocated to Atlanta, Ga but I have not heard anything regarding the loan approval. How can I contact SBA to get the status of the loan decision? I can be reached at 678-983-4841 Alva M. Jenkins 2565 Binghampton Ln Lawrenceville, GA 30044 FEMA Case #9395497061604 Disaster No. 1604 |
Reply:
We will have soemone contact you to provide you with a status update. |
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From: Reza Aslan
Location: New Orleans , LA. |
Comment:
I am a writer and journalist, and my home in New Orleans was also my office. I have already applied to FEMA for assistance. How do I go about applying through SBA for loan assistance? |
Reply:
You may go online to the SBA's disaster recovery page to download a disaster loan application at http://www.sba.gov/disaster_recov/index.html. |
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From: Ferrel Gioe
Location: Chalmette , Louisiana |
Comment:
What is the interest rate for home owners. |
Reply:
The interest rate for homeowners is 2.68 percent for up to 30 years. |
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From: BILL LIGGINS
Location: Jackson , Ms |
Comment:
Is there a loan that can get to buy a dump truck,To haul trash. |
Reply:
A disaster loan is only intended to replace personal property that was lost.You may be able to apply for a regular SBA loan. You may phone the local SBA office at 601) 965-4378, where Janita Russell Stewart is the District Director. |
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From: Linda
Location: new orleans , LA |
Comment:
I ralize that their are a lot of applications. However, what could be a possible timeline to for your reply for the loan. When does loan repayment begin? |
Reply:
Our goal is to process loans as soon as possible, within 30 days. This is contingent upon working with each applicant to be sure that all information is received. The easist way to check on your loan status is to email us at disatercustomerserive@sba.gov, and your email will be responded to. Re-payment on loans is one year from the date of the loan. |
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From: Sandra Catchings
Location: Metairie , LA |
Comment:
Is there a way to check online or by phone the status of an SBA Economic Disaster Loan Application? |
Reply:
You may check the status of your loan by phoning the Disaster Customer Service Center at 1-800-659-2955 or emailing us at disastercustomerservice@sba.gov. |
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From: Deborah Lundy
Location: Biloxi , Miss |
Comment:
I'm a new small business owner i got a sba loan in february of this year. it would be hard for me to repay to two sba loans. |
Reply:
If you qualify for a second loan we will try to make it as flexible as possible, with a re-payment of up to 30 years. |
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From: Deena Blaqylock
Location: Gulfport , MS |
Comment:
With all the relocation procedure, and forwarding mail, it will take a long time to receive SBA loan package fact sheets, etc, can we receive updates on line? |
Reply:
You may check the status of your loan by phoning the Disaster Customer Service Center at 1-800-659-2955 or emailing us at disastercustomerservice@sba.gov. You may also go online to the SBA's disaster recovery page for information at http://www.sba.gov/disaster_recov/index.html |
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From: Mary L Edwards
Location: Opelousas , Louisiana |
Comment:
I Have Mail My Application In For A Small Business Loan, When Will I Hear From You All About It, If I Qualify For A Loan? I Have A Small Business It's A Small Day Care Center In My Home. I DO Need Help With It Financially. Can I Have A Loan For A Possible Amount Of $2,500? |
Reply:
We are processing applications as quickly as possible. You may check the status of your loan by phoning the Disaster Customer Service Center at 1-800-659-2955 or emailing us at disastercustomerservice@sba.gov. |
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From: Terrance Goins
Location: dallas , texas |
Comment:
If someone did not lose a car in a diaster declared area, and they were offered a loan can they use some of the loan to buy a vehicle. |
Reply:
Disaster loans can only be utilized to recover damaged property or to off set lost revenues. |
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From: Tom Brenan
Location: |
Comment:
How do I view the answer or get to the chat room? |
Reply:
Thank you for all of your questions. We appreciate the opportunity to provide you with this timely information on the SBA's disaster response. We will follow- up and answer all of the questions we didn't have time for on this Web chat. President Bush has said that we will do what ever it takes for as long as it takes to help all of the disaster victims recover. The SBA stands ready and committed to helping people rebuild their businesses, homes and lives. Have a good day. - Administrator Hector Barreto and Herb Mitchell |
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