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TPCG News Room

Parish President Gordon E. Dove

 

SBA Mitigation Loans Can Help Reduce Risk

Wednesday November 07, 2018 02:28 pm - Posted By Recovery Assistance & Mitigation Planning
SBA Mitigation Loans Can Help Reduce Risk

SBA Mitigation Loans Can Help Reduce Risk

Even as we apply for 100% grants for Severe Repetitive Loss properties and 90% for Repetitive Loss/Substantially Damaged properties, those don’t assist all the homes and businesses that may still be in harm’s way.

Check out the FEMA Summary attached for more information.

If someone has been approved for an SBA disaster loan for a home or business, they can take out additional money to build back safer and stronger.

Ask about SBA mitigation loans to protect a home from future damage. Visit www.sba.gov/disaster and apply online at https://disasterloan.sba.gov/ela.

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