Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When will SBA make funding decisions?

April 26, 2017decisions funding SBA

0

Posted

When will SBA make funding decisions?

1 Answer

0

Posted

123.411 Which loan requests will SBA fund? 123.412 What if SBA determines that your business loan request meets the selection criteria of Sec. 123.409 but SBA is unable to fund it because SBA has already allocated all program funds? 123.413 What happens if SBA declines your business’ predisaster loan request? Subpart EPreDisaster Mitigation Loans Sec. 123.400 What is the PreDisaster Mitigation Loan Program? The PreDisaster Mitigation Loan Program allows SBA to make low interest, fixed rate loans to small businesses for the purpose of implementing mitigation measures to protect their commercial real property (building) or leasehold improvements from disaster related damage. This program supports Project Impact, a formal mitigation program established by the Federal Emergency Management Agency (FEMA). This pilot program is authorized for 5 fiscal years (October September), from 2000 through 2004, and has approved only limited program funding. Therefore, approved loan requests are funded