Download or read book SBA Disaster Loan Program written by Bruce R. Lindsay and published by DIANE Publishing. This book was released on 2010-11 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Small Business Administration s Disaster Loan Program written by United States. Congress. House. Committee on Small Business. Subcommittee on Government Programs and published by . This book was released on 1995 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Small Business Administration written by William B. Shear and published by DIANE Publishing. This book was released on 2009-12 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the Small Business Admin. (SBA) was widely criticized for its performance following the 2005 Gulf Coast hurricanes, the agency took steps to reform the Disaster Loan Program and Congress enacted the Small Business Disaster Response and Loan Improvements Act of 2008 (Act). This report determined: (1) the extent to which SBA addressed the Act's requirements; and (2) how SBA's response to major disasters in 2008 aligned with key components of its June 2007 Disaster Recovery Plan. The report also conducted site visits to areas affected by major 2008 disasters, reviewed SBA's customer satisfaction survey, and obtained the opinions of relevant stakeholders. Includes recommendations. Charts and tables.

Download or read book Federal Government s Disaster Loan Programs written by United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Small Business and published by . This book was released on 1969 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Disaster Assistance Program written by United States. Federal Emergency Management Agency and published by . This book was released on 1981 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA s Farm Disaster Loan Program written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1981 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Small Business Administration SBA followed appropriate policies and procedures for September 11 disaster loan applications report to the Administrator Small Business Administration written by and published by DIANE Publishing. This book was released on with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Government s Disaster Loan Programs Hearings Before the Subcommittee on Small Business of 91 1 February 6 1969 written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1969 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearing on the Small Business Administration s 7 A Guaranteed Business Loan Program and Disaster Assistance Loan Program written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1994 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Disaster Loan Program written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1983 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA s Disaster Loan Programs and Other Cost saving Proposals written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1981 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FEMA s Community Disaster Loan Program written by Nonna A. Noto and published by . This book was released on 2005 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Areas struck by disasters, both natural and man-made, often experience a destruction of property and decline in economic activity. Tax collections for affected local governments may fall substantially as a consequence. At the same time, the financial and public service obligations of local governments persist and may actually increase. The unexpected loss of revenue coupled with the increased financial needs for responding to a natural disaster or terrorist act may lead local governments to seek assistance from the federal government. This report examines the federal Community Disaster Loan (CDL) program, authorized by Section 417 of the Stafford Act and administered by the Federal Emergency Management Agency (FEMA). The CDL program is intended to assist local governments that experience revenue losses and/or increased municipal operating expenses as the result of a presidentially declared major disaster. The CDL program provides for loan forgiveness (cancellation) when it is determined for three fiscal years following a disaster that the affected government will not be able to repay the loan. A total of 55 CDLs were made from the initiation of the program in August 1976 through September 30, 2005, a period of 29 years. No new loans were made from FY1999 through FY2005. Of the 55 loans made, 36, or 65.4%, were paid back in part or in full. However, because many of these repaid loans were for small amounts, they accounted for only 2.3% of the principal amount advanced. Of the total of $233.5 million in principal advanced, $225.7 million, or 96.6%, was for loan amounts that were cancelled. Five loans in excess of $5 million accounted for 90% of cancelled principal. In 2000, a $5 million limit was placed on the loan amount any one jurisdiction can receive through the traditional CDL program for a single disaster. On October 7, 2005, both houses of Congress approved and President Bush signed the Community Disaster Loan Act of 2005 (CDLA), P.L. 109-88. Previously, P.L. 109-62, the second emergency supplemental bill enacted following Hurricane Katrina, had appropriated $50 billion in disaster assistance. CDLA provides for up to $750 million of those funds to be used to support "special" community disaster loans, up to a total of $1 billion in principal amount, to local governments so that they can continue to provide essential services. For purposes of these special loans, the new law removes the $5 million per loan limit but prohibits their cancellation. As of November 4, 2005, eight special CDL applications had been approved for local governments in Louisiana. These loans totaled $182 million. This included $120 million for New Orleans and four other loans for a total of more than $5 million. FEMA expects more loan applications. Congress may be called upon to revisit the issues of whether these loans could be cancelled and whether there should be requirements to report to Congress on the use of these loans. This report will be updated when legislative events warrant or when new information about use of the CDL program is available.

Download or read book Small Business Administration Disaster Loan Assistance written by United States. Congress. House. Committee on Small Business. Subcommittee on General Oversight and the Economy and published by . This book was released on 1986 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA Disaster Loan Programs and Effects of First Amendment Considerations on SBA Loan Policies written by United States. Congress. House. Committee on Small Business. Subcommittee on SBA Oversight and Minority Enterprise and published by . This book was released on 1976 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book SBA Disaster Loan Program written by Lindsay and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Small Business Disaster Loans Hearing Before 85 2 on S 2918 S 2920 and S 2959 January 22 1958 written by United States. Congress. Senate. Committee on Banking and Currency and published by . This book was released on 1958 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Opinion Concerning the Sba Disaster Loan Program written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-15 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Opinion Concerning the SBA Disaster Loan Program