SBA

@SBAgov ↗

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Last Checked Jan. 13, 2023

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Mon Dec 05 21:57:06 +0000 2022

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SBA @SBAgov

The change is effective for all disaster loans approved in response to a disaster declared on or after September 21, 2022, through September 30, 2023. The effective date covers disaster loans currently available for #HurricaneFiona and #HurricaneIan declared earlier this year. — PolitiTweet.org

Posted Dec. 5, 2022

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SBA @SBAgov

The extended deferment to 12 months is automatic and loan borrowers do not need to take any additional action. There is no prepayment penalty and borrowers can begin making loan payments during the deferment period if they choose. — PolitiTweet.org

Posted Dec. 5, 2022

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SBA @SBAgov

Borrowers who already received a loan for a disaster declared after the September 21 effective date will also receive an automatic extension of their first payment due date to 12 months and 0% interest. — PolitiTweet.org

Posted Dec. 5, 2022