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Stephens County Board of Commissioners · January 14, 2025

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SBA presentation on disaster loans

Presentation

0:33 → 9:38(9m 5s)

Brian Beard, Public Affairs Specialist for the U.S. Small Business Administration Office of Disaster Recovery and Resilience (first identified at SEG 017), explained SBA disaster loan programs available to homeowners, renters, businesses and nonprofits for damage from the September 24–October 30 storm period. He outlined eligibility, no-cost-to-apply policy, extended application deadlines, interest-free first year, typical rates (2.81–3% for homeowners, 4% for businesses, 3.25% for nonprofits), loan caps (up to $2 million for businesses, up to $500,000 for home physical damage, up to $100,000—

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Stephens County Board of Commissioners meeting opened with an SBA disaster-loan briefing for residents affected by a late-September storm, followed by public hearings on proposed changes to the county land-use and subdivision ordinances, several routine approvals (an alcohol license, a road grant application, procurement items), and a set of votes including a 90-day camper-permit variance.

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