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3) Emergency Farm Loans - This type of loan program is still funded by the Small Business Administration and it is designed to help family farmers recover from losses obtained during natural disasters.
Disaster loans can be utilized for the repair and rebuilding of non-farm, private sector disaster losses, and are available to all types of business, instead of being restricted to small businesses alone. |
The loan amount administered under this program cannot exceed the maximum amount of $500,000 and can only be utilized for:
a) Repairing and replacing affected buildings and other structures
b) Buying livestock and equipment
c) Paying vital farm operating costs and family living expenses
d) Refinancing debts
e) Repairing and replacing fundamental household contents that have been directly damaged in the disaster
4) Home and Property Disaster Loans - This type of loan is geared towards the provision of loaned funds to homeowners whose homes have been damaged during natural disasters. This type of loan can provide loan funds amounting to $200,000 depending on the extent of the damages incurred by the property.
5) Military Reservist Economic Injury Disaster Loan Program - The purpose of this loan is to loan funds to eligible small businesses in an effort to help them meet their ordinary and necessary operating expenses that it was supposed to meet, but failed to do so in the process, for the reason that one or some of its employees have been called to active duty in their role as a military reservist.
To read more about the eligibility and application requirements of these loan programs, kindly visit http://www.govloans.gov/loans/type/4.
Disaster Relief Loans from GovLoans
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on environmental grants and grants for youth programs. |
Additional Government Grants Resources
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The Cancer Education Grants Program has been existent since the year 1994 and has long been providing support to innovative cancer education grants program that aim to translate the knowledge obtain from the research studies into actual public health applications.
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The Economic Development Administration has recently established the 2012 University Center Economic Development Program Competition wherein they intend to solicit grant applications from higher education institutions stating their intent to establish and operate special University Centers that are focused on leveraging university assets in order to create regional economic ecosystems that will support high-growth entrepreneurship.
Regional Ecosystem Prediction Program: Center for Sponsored Coastal Ocean Research
The United States Department of Commerce has recently constituted the development of the Regional Ecosystem Prediction Program, specifically the Center for Sponsored Coastal Ocean Research.
US Environmental Protection Agency: Russian Arctic Black Carbon, Reduction of Black Carbon from Diesel Sources
The Artic Black Carbon: Reduction of Black Carbon from Diesel Sources project offers a funding opportunity to interested applicants as they work towards assessing primary black carbon sources in the Russian Arctic.
Program for Investment in Micro-Entrepreneurs Technical Assistance
The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.
Department of Housing and Urban Development: Sustainable Construction in Indian Country Small Grant Program
The Sustainable Construction in Indian Country Small Grant Program is designed to solicit program proposals that contain one of more sets of "Lessons Learned" that will help inform the Native American communities, such as Indian Tribes, regarding the issues and concerns that need to be taken into consideration upon tackling sustainable construction projects in their community.
Social Entrepreneurship
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Rwanda as Social Entrepreneur Fund Beneficiary
The Republic of Rwanda has been picked as one of the six African countries as beneficiaries for a new fellowship fund program designed at supporting social entrepreneurs in tackling issues on food security.
