Some folks looking for assistance in the wake of Hurricane Irma may be surprised to know that whether or not they qualify for a FEMA grant, the U.S. Small Business Administration may also be able to help.
"We are uniquely equipped to provide people with large sums of money to do the actual reconstruction, repair, rebuilding of their properties after a disaster. So the majority of our loans go to homeowners, just out of sheer volume."
SBA spokesperson Karen Knapik tells us that her agency is at FEMA's disaster recovery center in Boynton Beach, and they're not just there to help small business owners. They also help individuals, with low-interest loans.
"Homeowners up to $200,000 and renters up to $40,000. So, you lost a vehicle, or you need to repair a portion of the roof..."
While other areas of the state were hit harder by Irma, Karen says many local homeowners have already benefitted from the SBA.
"It doesn't have to be a full-on reconstruction. It can be a portion of your roof. It could be a portion of, just inside the drywall, the flooring. It doesn't have to be a huge expense."
She says most of the loans they've provided are in the $20,000 to $30,000 range.
The agency has already loaned out $15 statewide.
Click Here for the Small Business Administration's website.
You will find the SBA at PBC's FEMA Disaster Recovery Center:
Carolyn Sims Center
225 NW 12th. Ave.
Boynton Beach FL 33435
Monday - Sunday, 9:00 a.m. to 6:00 p.m.
Photo: Getty Images