[Code of Federal Regulations]

[Title 13, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 13CFR123.401]



[Page 354]

 

                TITLE 13--BUSINESS CREDIT AND ASSISTANCE

 

                CHAPTER I--SMALL BUSINESS ADMINISTRATION

 

PART 123_DISASTER LOAN PROGRAM--Table of Contents

 

                 Subpart E_Pre-Disaster Mitigation Loans

 

Sec. 123.401  What types of mitigation measures can your business include 

in an application for a pre-disaster mitigation loan?



    To be included in a pre-disaster mitigation loan application, each 

of your business' mitigation measures must satisfy the following 

criteria:

    (a) The mitigation measure, as described in the application, must 

serve the purpose of protecting your commercial real property (building) 

or leasehold improvements or contents from damage that may be caused by 

future disasters; and

    (b) The mitigation measure must conform to the priorities and goals 

of the State or local government's mitigation plan for the community in 

which the business subject to the measure is located. To show that this 

factor is satisfied your business must submit to SBA, as a part of your 

complete application, a written statement from a State or local 

emergency management coordinator confirming this fact (see Sec. 

123.408). Contact your regional FEMA office for a list of your State's 

emergency management coordinators or visit the FEMA Web site at http://

www.fema.gov.