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[PDF File]GLOSSARY OF BUSINESS FINANCIAL TERMS
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Glossary of Business Financial Terms 2 Cash Available to Service Additional Debt (CASAD): The cash flow determined that should be available to service a disaster loan. …
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[PDF File]Small Business Administration Disaster Loan Information
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Small Business Administration Disaster Loan Information The Small Business Administration (SBA) offers low-interest, long-term federal disaster loans for businesses of all sizes, homeowners, renters and non-profits. Those who had property damage from Hurricane Florence should first register with FEMA. If referred to the SBA by FEMA, it is
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[PDF File]FLORIDA SMALL BUSINESS EMERGENCY BRIDGE LOAN …
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☐SBA Disaster Loan(s) ☐Other Federal Aid ☐Insurance Proceeds ☐Bank or Other Loan. Was your business also impacted by Hurricane Irma? (this question is being used for statistical information) ☐ sYe ☐ No. ONLY ELIGIBLE AND COMPLETED APPLICATIONS WITH REQUIRED SUPPORTING DOCUMENTATION WILL BE ACCEPTED. PLEASE READ ENTIRE FORM BEFORE SUBMITTING . …
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[PDF File]SBA Disaster Loans: Fact Sheet for Homeowners and Renters
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SBA Disaster Loans: Fact Sheet for Homeowners and Renters If you are in a declared disaster area and are the victim of a disaster, you may be eligible for a low-interest rate disaster loan from the U.S. Small Business Administration - even if you don't own a business. As a homeowner,
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[PDF File]OMB No. : 3245-0017 DISASTER BUSINESS LOAN APPLICATION
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U. S. Small Business Administration . DISASTER BUSINESS LOAN APPLICATION . If you have questions about this application or problems providing the required information, please contact our Customer Service Center at 1-800-659-2955 or disastercustomerservice@sba.gov
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[PDF File]GAO-05-409, SBA DISASTER LOAN PROGRAM: Accounting ...
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related to the disaster loan program accounting anomalies. First, major flaws in the cash flow model used to estimate the cost of the disaster loan program, including erroneous loan-term assumptions, led to, among other things, a negative balance in the disaster loan subsidy allowance. In effect, this meant that the program cost more than ...
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[PDF File]In order for the Small Business Administration (SBA) to ...
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Line of Credit, Debt Consolidation, etc., WITHOUT a substantial pay down on the current SBA loan balance. This pay down is NOT counted towards your regular monthly payment(s), as it will be posted as a principal reduction against the loan balance. Regular monthly payments are not automatically re-amortized; you must qualify for payment reduction.
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[PDF File]Disaster Loans: The Three Step Process
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A loan officer works with you to provide all a loan determination. Our goal is to arrive at ecision on your application within 4 weeks. A loan officer will contact you to discuss the loan recommendation and your next steps. You will also be advised in writing of all loan …
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[PDF File]SBA Loan Guarantees and Divorce – Don’t Leave Your Client ...
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SBA and the lender according to the guarantee percentage. For example, assume that a borrower who has a loan with a $100,000 balance and a 50 percent guarantee defaults and that the borrower’s assets are worth $60,000. In the regular 7(a) program, the lender submits the defaulted loan to SBA and receives $50,000 (the guaranteed portion of the ...
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[PDF File]Disaster Relief Resources from the U.S. Small Business ...
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be added after a settlement is made. SBA can approve a loan for the total replacement cost up to our lending limits. Once your insurance settles, if there is a duplication of benefits, SBA will apply those funds to the balance of your disaster loan. For applicants unable to obtain credit elsewhere the interest rate will not exceed 4 percent ...
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Sba disaster loan balance