[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: 13CFR123.408]



[Page 356]

 

                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. 123.408  How does your business apply for a pre-disaster mitigation 

loan?



    To apply for a pre-disaster mitigation loan your business must 

submit a complete Pre-Disaster Mitigation Small Business Loan 

Application (application) within the announced filing period. Complete 

applications mailed to SBA and postmarked within the announced filing 

period will be accepted. The complete application serves as your 

business' loan request. A complete application supplies all of the 

filing requirements specified on the application form including a 

written statement from the local or State coordinator confirming:

    (a) The business that is the subject of the mitigation measure is 

located within the participating pre-disaster mitigation community; and

    (b) The mitigation measure is in accordance with the specific 

priorities and goals of the local participating pre-disaster mitigation 

community in which the business is located. (The local or State 

coordinator's written statement does not constitute an endorsement or 

technical approval of the project and is not a guarantee that the 

project will prevent damage in future disasters).