FLOOD VICTIMS URGED TO COMPLETE SBA PACKETS

April 1, 2011  //  


 











Media Contacts:
USSBA – Colleen Hiam          (716) 282-4612
FEMA –  Josie Pritchard        (276) 973-0078
VDEM – Suzanne Simmons   (276) 973-0063


        FOR IMMEDIATE RELEASE
        
April 12, 2002
        FEMA-1406-DR-VA-NR15


 


FLOOD VICTIMS URGED TO COMPLETE SBA PACKETS

 


WISE, VA. — Flood victims in southwestern Virginia are being urged to complete and return their U.S. Small Business Administration (SBA) loan applications, even if they don’t intend to take a loan.


Federal Emergency Management Agency (FEMA) officials say if a loan packet was issued to a disaster assistance applicant, it is important that it be completed because it will affect the assistance that is offered. The SBA needs to determine if a flood victim can afford a low interest loan and if the applicant can afford it, one will be offered.


If the SBA determines that a renter or homeowner cannot afford to repay a loan, the application is referred to the Individual and Family Grant (IFG) program for consideration. The average grant will be lower than the typical loan for which a flood victim can qualify.


The application process begins with a call to FEMA’s toll-free telephone number,
1-800-621-FEMA (1-800-621-3362).





NOTE TO EDITORS: Information on the Southwest Virginia disaster is also available on FEMA’s homepage on the Internet at www.fema.gov, or VDEM’s homepage at www.vaemergency.com. Information also is available through FEMA’s 24-fax-on-demand service by calling (202) 646-FEMA. RADIO NEWS DIRECTORS: For recorded actualities on response and recovery operations call the FEMA Radio Network at 1-800-323-5248.

 

Be ready. Be willing to help.

Virginia Disaster Relief Fund