SBA Disaster Relief Still Available to New York Businesses, Private Nonprofits and Residents Affected by the Red Hook 5-Alarm Fire
… Disaster survivors should not wait to settle with their insurance company before applying for a disaster loan. If a … does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest … up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan. To apply …