\ SBA Offering Loan Assistance to Those Who Don’t Qualify for FEMA
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SBA Offering Loan Assistance to Those Who Don’t Qualify for FEMA

By Clip Syndicate

The Small Business Administration could help flood victims with a long-term, low-interest loan.

http://eplayer.clipsyndicate.com/view/12513/7384120 Video: SBA Offering Loan Assistance to Those Who Don’t Qualify for FEMA
The Small Business Administration could help flood victims with a long-term, low-interest loan.
http://chic.clipsyndicate.com/video/playlist/12513/7384120?cpt=8&wpid=2637 Mon, 09 Jul 2018 23:14:28 +0000 SBA Offering Loan Assistance to Those Who Don’t Qualify for FEMA The Small Business Administration could help flood victims with a long-term, low-interest loan. http://chic.clipsyndicate.com/video/playlist/12513/7384120?cpt=8&wpid=2637 KRGV a government agency could help....home and business owners get back on their feet. the program is for those who may not qualify for federal aid. channel 5's daisy martinez is live from our cameron county newsroom to explain... the small business administration doesn't only help entrepeneurs get their start-up businesses going... the agency also helps business owners affected by a disaster, get back on their feet... sba spokesman corey williams says communities depend on their small businesses as an economic engine... having business owners shut down due to an unforseen natural disaster, would creat a negative two-fold... the sba is in the valley to work alongside fema sot:corey williams sba public information officer "it's a very high percentage of businesses that were affected, by lets say like hurricane harvey, that within a year they'll actually be out of business, that's why it's so important to be able to have working capital and to be able to have the money to not only repair, replace any kind of real estate, machinery, or equipment inventory, but to have that working capital to sustain that business throughout this recovery period" con vo: williams says business owners, homeowners, renters and even non-profit organizations, that don't qualify for fema assistance, will be referred to the sba. sba disaster assistance experts will review victim's cases, to see if they qualify for a long- term, low interest loan. business owners could qualify for up to a $2 million loan... homeowners could be approved for as much as $200,000 for real estate, and $40,000 for destroyed personal property. fema is set to open 4 assistance centers - sba will set up shop with them. gfx: in addition, they will also set up a business recovery center, strictly for business applicants on thrusday, july 12....in the valley metro transit center...at 510 s. pleasantview drive, in weslaco you must register through fema first to be referred to the sba... williams says if you don't qualify for a small loan, then sba will direct you to any other grants you may qualify for. the deadline to apply for assistance is september 4th. the ball is rolling here in brownsville...and there's still time for you to make it out here with your donation... we'll be here till 7 p.m. - you can find us at 2310 north expressway, right in front of sunrise mall.... we know help has arrived in the valley, but not everyone will qualify for the help... that's where the community comes in to help one another... our three major sponsors payne auto group, gonzalez furniture and lone star national bank are matching our first 30-thosand dollars - so we really need your help to hit that mark and go beyond. we will take your coins, dollars or checks if you prefer -- you can make your checks out to "heart of the valley" - with a notation on there for "habitat for humanity" you can also donate online at krgv. com some people have a long ways to recovery, and we hope you can be part of getting people back on their feet. live from brownsville




Related Keywords:SBA,Small Business Administration,flood victims,long-term loan,low-interest loan,assistance,FEMA,qualify,spokesman Corey Williams,Weslaco,pl_krgv_full_feed

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