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Get Billing Code 8025-01-P U.S. SMALL BUSINESS ADMINISTRATION Disaster ... - Sba
29 Apr 2011 ECONOMIC INJURY (IDL) LOAN APPLICATION DEADLINE DATE: 01/30/2012. ADDRESSES: Submit completed loan applications to :.
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FAQ
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So if you expanded that loan and went over $200,000, you do have a personal guarantee attached to that loan. That means that you are personally liable to repay it. Even if the business closed, they could come back and have you personally be expected to pay that note off.
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Qualifications for SBA Loan Forgiveness. One of the main features of the coronavirus relief programs is the ability to have the loans forgiven. However, although your application was approved and you received the funds, that doesn't automatically mean your loan will be forgiven.
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You may have been referred to SBA after applying for FEMA disaster assistance. If you still have unmet needs, loans may help with home repair or replacement, personal property, vehicles, mitigation, business losses, and working capital for small business and most private nonprofits.
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Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream.
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(2) SBA makes a physical disaster declaration, based on the occurrence of at least a minimum. amount of physical damage to buildings, machinery, equipment, inventory, homes and other. property.
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