If you're a North Carolinian who suffered damage or loss from Hurricane Florence and were referred to the
Other Needs Assistance grants may cover uninsured losses for furniture, appliances and other personal property, even vehicles. You will not be considered for this type of assistance unless you complete and return the SBA loan application.
The information on the SBA application is used to determine eligibility for additional assistance from
Some types of Other Needs Assistance--medical, dental and funeral expenses--are not SBA dependent and completing the loan application is not required. However, it's always a good idea.
That's because if you qualify for an SBA loan, you don't have to accept it. But if you are approved and don't take the loan, you may be ineligible for federal assistance pertaining to furniture, appliances, other personal property and vehicles.
The SBA is the federal government's primary source of money for the long-term rebuilding of disaster-damaged private property, offering low-interest disaster assistance loans to businesses of all sizes, private nonprofit organizations, homeowners and renters.
Submit an SBA loan application even if you are waiting for an insurance settlement. You may be able to begin your recovery immediately with a low-interest SBA disaster loan. The loan balance will be reduced by the settlement from your insurance. SBA loans may also be available for losses not covered by insurance.
If you're a homeowner you can borrow up to
Businesses may borrow up to
Additional details on the loan application process can be obtained by calling the
For more information on