SBA assistance, by the numbers

Here are some SBA numbers for the State and local area:

Statewide

• FEMA Referrals: 98,665

• Dollars Approved: $267,658,400

• Over 90 percent of approved loans were awarded to homeowners and renters

Carteret County

• FEMA Referrals: 7,809

• Dollars Approved: $29,090,400

Craven County

• FEMA Referrals : 8,543

• Dollars Approved: $46,745,800

Jones County

• FEMA Referrals: 1,361

• Dollars Approved: $11,476,300

Lenoir County

• FEMA Referrals: 982

• Dollars Approved: $1,732,100

Onslow County

• FEMA Referrals: 15,746

• Dollars Approved: $31,224,800

Pamlico County

• FEMA Referrals; 1,193

• Dollars Approved: $5,551,900

Here is the list of disaster recovery centers that are operating:

• Craven County

Old Rite-Aid Building

710 Degraffenreid Avenue

New Bern

Rue 21 Clothing Store

537 Hwy 70 West, Suite 103

Havelock

• Jones County

County Civic Center

794 Highway 58 South

Trenton

• Pamlico County

Grantsboro Town Hall

10628 NC Hwy 55E

Grantsboro

• The Small Business Administration (SBA) offers low-interest, long-term federal disaster loans for businesses of all sizes, non-profits, homeowners,  and renters. Those had property damage from Hurricane Florence and/or Michael should first register with FEMA. If referred to SBA by FEMA, it is important to complete a disaster loan application. Completing the disaster loan application is an important part of the disaster recovery process.

• Homeowners may apply for disaster loans up to $200,000 to repair damage to their primary residences. Homeowners and renters may apply for disaster loans up to $40,000 to repair or replace their personal belongings including the contents of their homes and cars. The interest rate for homeowners is as low as 2.0% with terms up to 30 years.

• Businesses may apply for disaster loans up to $2 million to repair or replace business assets such as buildings, inventory, and supplies. Businesses may also apply for working capital to help pay the bills they would have been able to pay if the hurricane had not happened.

• Do not wait on an insurance settlement before submitting a SBA loan application. Applicants can begin the recovery immediately with a low-interest SBA disaster loan. The loan balance will be reduced by your insurance settlement if you receive one. SBA loans may be available for disaster-related car repairs, clothing, household items and other expenses.

There are three ways to apply:

1 Online at disasterloan.sba.gov

2 In person at a disaster recovery center

3 By phone, 800-659-2955

November 7th, 2018 by
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