If you are unable to obtain a building permit to rebuild or replace your home at its original site, the cost of relocating your home might be included in the loan amount. If, however, you decide to relocate your home without being required to, an SBA loan can be obtained only for the exact amount of the damage. SBA can not make loans involving some relocations. An SBA disaster loan officer can provide more detailed information on your specific situation.
If my home is completely destroyed, can the SBA lend me money to relocate my home somewhere else?
SBA Success Story
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Electro-Connect Incorporated benefits from hard work, unique strategy and SBA counseling. When it comes to running her company, Debbie Hamedi...
In 2001 Lance and Angela Ulen, owners of Hooper Memorial Home, wanted to move their nearly century-old, family-owned business. They found a new...
Defense Alliance of Minnesota has been named the Minnesota Veteran Small Business Champion of the Year for the U.S. Small Business Administration....