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SBA Disaster Loan Program

SBA Disaster Loan Program
Author: Bruce R. Lindsay
Publisher: DIANE Publishing
Total Pages: 34
Release: 2010-11
Genre: Nature
ISBN: 1437936954

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Through its Disaster Loan Program, the Small Business Admin. (SBA) has been a major source of assistance for the restoration of commerce and households in areas stricken by natural and human-caused disasters. SBA offers direct loans to businesses to help repair, rebuild, and recover from economic losses after a disaster, but approximately 80% of the agency¿s approved direct disaster loans are made to individuals and households (renters and property owners) to help repair and replace homes and personal property. This report describes the SBA Disaster Loan Program, including the types of loans available to individuals, households, businesses, and nonprofit org. It highlights eight issues of potential congressional concern. Charts and tables.


Disaster Loans

Disaster Loans
Author: United States. Small Business Administration. Office of Finance and Investment
Publisher:
Total Pages: 458
Release: 1989
Genre: Assistance in emergencies
ISBN:

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"Purpose: To provide specific policy and procedural guidance governing disaster loan-making. This SOP is the principal such guidance for physical and economic injury disaster loans. It contains policies and procedures for disaster lending in general and for disaster loan processing in particular"--P. 1.


Disaster Loans

Disaster Loans
Author: United States. Small Business Administration. Office of Financing
Publisher:
Total Pages: 212
Release: 1975
Genre: Disasters
ISBN:

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SBA Disaster Loans

SBA Disaster Loans
Author:
Publisher:
Total Pages: 328
Release: 1995
Genre: Disaster relief
ISBN:

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Small Business Administration SBA followed appropriate policies and procedures for September 11 disaster loan applications : report to the Administrator, Small Business Administration.

Small Business Administration SBA followed appropriate policies and procedures for September 11 disaster loan applications : report to the Administrator, Small Business Administration.
Author:
Publisher: DIANE Publishing
Total Pages: 38
Release:
Genre:
ISBN: 1428938095

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Oversight

Oversight
Author: United States. Congress. Senate. Committee on Small Business and Entrepreneurship
Publisher:
Total Pages: 216
Release: 2008
Genre: Business & Economics
ISBN:

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Small Business Administration's Disaster Loan Program

Small Business Administration's Disaster Loan Program
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Government Programs
Publisher:
Total Pages: 88
Release: 1995
Genre: Digital images
ISBN:

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Federal Government's Disaster Loan Programs

Federal Government's Disaster Loan Programs
Author: United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Small Business
Publisher:
Total Pages: 90
Release: 1969
Genre: Disaster relief
ISBN:

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Small Business Administration

Small Business Administration
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Total Pages: 70
Release: 2017-10-05
Genre:
ISBN: 9781977950086

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On October 29, 2012, Hurricane Sandymade landfall, causing an estimated$65 billion in damage. SBA administersthe Disaster Loan Program, whichprovides physical disaster loans (usedto rebuild or replace damagedproperty) and economic injury disasterloans (used for working capital untilnormal operations resume) to helpbusinesses and individual homeownersrecover from disasters. In theaftermath of Hurricane Sandy,Congress passed the Disaster ReliefAppropriations Act of 2013, whichappropriated $779 million to SBA fordisaster loans and administrativeexpenses.GAO was asked to review SBA'sassistance to small businessesfollowing Hurricane Sandy. This reportexamines (1) the timeliness of SBA'sdisaster assistance to smallbusinesses; (2) the loan approval ratesfor small businesses and reasons fordecline for Hurricane Sandy andprevious disasters; and (3) the extentto which SBA has implementedprograms mandated by the SmallBusiness Disaster Response and LoanImprovements Act of 2008. GAOanalyzed SBA data on applicationprocessing; reviewed documentationrelated to SBA's planning, relevantlegislation, and regulations; andinterviewed SBA officials.