RETURN YOUR SBA LOAN APPLICATION ASAP
[https://www.fema.gov/press-release/20230612/return-your-sba-loan-application-asap]


Release Date: 
六月 12, 2023 

Businesses of all sizes, most private nonprofit organizations,
homeowners and renters in Guam who had damages or losses from Typhoon
Mawar may be referred for a disaster loan from the U.S. Small Business
Administration.

FEMA may refer survivors to the U.S. Small Business Administration
(SBA) with information on how to apply for a disaster loan. Businesses
of all sizes, most private nonprofit organizations, homeowners and
renters may be eligible. It’s important to submit the loan
application as soon as possible. There is no cost to apply for an SBA
disaster loan.

If your application is approved, you are not obligated to accept an
SBA loan, but failure to return the application may disqualify you
from other possible financial assistance from FEMA and the U.S.
Territory of Guam.

SBA disaster loans are the largest source of federal disaster recovery
funds for survivors. SBA offers long-term, low-interest disaster loans
to businesses of all sizes, private nonprofit organizations,
homeowners and renters.

SBA disaster loans cover losses not fully compensated by insurance or
other resources. Survivors should not wait for an insurance settlement
before submitting an SBA loan application. They may discover they were
underinsured for the deductible, labor and materials required to
repair or replace their home.

Businesses of all sizes and private nonprofit organizations may borrow
up to $2 million to repair or replace damaged or destroyed real
estate, machinery and equipment, inventory, and other business assets.
SBA can also lend additional funds to businesses and homeowners to
help with the cost of improvements to protect, prevent or minimize the
same type of disaster damage from occurring in the future.

For small businesses, small agricultural cooperatives, small
businesses engaged in aquaculture and most private nonprofit
organizations of any size, SBA offers Economic Injury Disaster Loans
to help meet working capital needs caused by the disaster. Economic
injury assistance is available regardless of whether the business
suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or
replace damaged or destroyed real estate. Homeowners and renters are
eligible for up to $40,000 to repair or replace damaged or destroyed
personal property.

Applicants may apply online, receive additional disaster assistance
information and download applications at
www.disasterloanassistance.sba.gov
[https://disasterloanassistance.sba.gov/]. Applicants may also call
SBA’s Customer Service Center at 800-659-2955 or email
disastercustomerservice@sba.gov for more information on SBA disaster
assistance. For people who are deaf, hard of hearing, or have a speech
disability, please dial 7-1-1 to access telecommunications relay
services.

If you haven’t applied for federal disaster assistance yet, you may
do so at disasterassistance.gov [http://www.disasterassistance.gov/],
by using the FEMA mobile app
[https://www.fema.gov/about/news-multimedia/mobile-app-text-messages],
by calling 800-621-3362 (The Helpline is available 24 hours a day/ 7
days a week at no cost for Guam residents) or by stopping by a
Disaster Recovery Center located at Guam Community College, Dededo
Sports Complex, C.L. Taitano Elementary School and Inarahan Community
Center (open seven days a week 7 a.m. to 7 p.m.).

For an accessible video on how to apply for assistance, check here
[https://www.youtube.com/watch?v=WZGpWI2RCNw].

For information on Guam’s disaster recovery, visit our website.
[https://www.fema.gov/disaster/4715]

Follow FEMA at Twitter [https://twitter.com/femaregion9] and Facebook
[https://usfema-my.sharepoint.com/personal/0096223715_fema_dhs_gov/Documents/Documents/Guam%20Documents/Drafts/facebook.com/fema].