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Small Business Administration disaster assistance loans to Larimer County businesses, residents affected by wildfires


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Home » Spotlights » 2021 » 03 » 02 » Small Business Administration disaster assistance loans to Larimer County businesses, residents affected by wildfires
Small Business Administration disaster assistance loans to Larimer County businesses, residents affected by wildfires
Residents and businesses in Larimer County affected by the Sept. 6 – November 5th wildfires can now apply for low-interest federal disaster loans from the Small Business Administration.
The loans are available through the Small Business Administration [SBA] by declaring the fires a disaster, and the SBA making assistance available in Larimer County. 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. The deadline to apply for property damage is April 26, 2021. The deadline to apply for economic injury is November 23, 2021.

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Small Business Administration Help Available for Businesses, Residents Hit by Winter Storms

Small Business Administration Help Available for Businesses, Residents Hit by Winter Storms
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SBA low-interest loans available for those affected by storm


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.
Interest rates can be as low as 3 percent for businesses, 2 percent for private nonprofit organizations and 1.25 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.
From an SBA news release.
Low-interest federal disaster loans are now available to Texas businesses and residents as a result of President Biden’s major disaster declaration, U.S. Small Business Administration’s acting Administrator Tami L. Perriello announced.

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Getting disaster help from the U.S. Small Business Administration


Special to the Weatherford Democrat
Feb 24, 2021
Feb 24, 2021
Low-interest federal disaster loans are now available to businesses and residents in Parker and Palo Pinto counties, two of 77 Texas counties covered by President Joe Biden’s major disaster declaration, U.S. Small Business Administration’s acting Administrator Tami L. Perriello said. 
“SBA is strongly committed to providing Texas with the most effective and customer-focused response possible and with access to federal disaster loans to help businesses and residents affected by this disaster,” she said. “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”
 In consideration of the public health concerns due to the COVID-19 pandemic, SBA Tuesday established a Virtual Business Recovery Center to provide personalized assistance to business owners.  In addition, SBA will also open a Virtual Disaster Loan Outreach Center to help homeowners and renters.  Customer service representatives will be available to business owners and individuals to answer questions about SBA’s disaster loan program, explain the application process and help each person complete their electronic loan application.

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SBA opens virtual centers to aid businesses, residents impacted by winter storms

SBA opens virtual centers to aid businesses, residents impacted by winter storms
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