SBA Disaster Federal Secured Loans Federally Secured Low Interest Loans managed by the SBA

SBA Disaster Loans are marketed like no conventional lender could ever market a loan.

The SBA has more money than any conventional lender to do marketing after a disaster. The SBA can by omission of fact mislead homeowners down the path of serious debt burden and even loan default.

By Murray Wennerlund published 9-26-2018 updated 6-5-2019
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Risk of Bankruptcy Hundreds of Louisiana and Texas families are regretting ever applying to FEMA and SBA.

SBA continues to lower its minimum income levels. SBA during an 2018 audit by the Office of Inspector General identifies training the issue SBA offered loans to 2016 Louisiana Flood Victims that have no possible way of repaying the loan.

By Murray Wennerlund published 7-19-2018 updated 7-19-2018
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How CDBG DR policy and SBA Loans as Duplication of Benefits DOB started back in 2011.

The grantee should identify the full amount of assistance for which the applicant was approved 30,000.

By Murray Wennerlund published 3-30-2018 updated 3-12-2023
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SBA contacts assigned to HUD Guidance June 20, 2019 SBA loan payoff El Paso Servicing Office

HUD Guidance June 20, 2019 outlines who and what SBA loans will be paid in full using HUD CDBG-DR federal grants and the El Paso Servicing Office office of the SBA is managing the process.

By Murray Wennerlund published 11-1-2022 updated 11-1-2022
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Subject: Discussion request: Approved SBA Loans declined by homeowners.

This email was sent to the director of Homeowner Assistance Programs in the state of Louisiana. The email letter requested a discussion regarding the issues. The requested discussion was quickly dismissed and the email referred to a public outreach.

By Writers Pool published 6-1-2018 updated 6-26-2018
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What to say when offered an SBA Loan after a disaster

If you were told you needed to apply for an SBA loan to get additional FEMA resources I would say youre a fool if you are above AMI 120, have great credit and a good job. If you say Yes to a Federal Secured Loan you may have lost out on 10s of thousands

By Writers Pool published 4-18-2018 updated 6-22-2018
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3,800 homeowners can not finish disaster repairs because of one state employee ignoring one HUD directive

So many in Louisiana are suffering because of one person and a small group of people called the Restore Louisiana Task Force. It is one person that doesnt know advising a group of people that arent being told the truth. Waste and Mismanagement.

By Contributor published 4-30-2018 updated 3-21-2019
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Low income, moderate income households are suffering at the hands of HUD funds to rebuild after a disaster.

The discussion regarding Duplication of Benefits and who can make changes continues for Louisiana the poorest state in the union still resisting to give federal grant money to below moderate income and low income families to help them rebuild.

By Writers Pool published 4-19-2018 updated 3-21-2019
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SBA Disaster Loan Application No

SBA will follow up with you many times by mail and by telephone to get you to complete your loan application and to sign the agreement for the loan. This is totally up to you if you would like to take the SBA loan now or wait for better options if any.

By Writers Pool published 4-19-2018 updated 6-22-2018
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SBA Disaster Loan Program may be your path to financial bankruptcy 6.5. THE FIXED DEBT METHOD FDM

After a disaster money becomes the top priority. We have lived as a nation of people that believe money spent will be money earned at a future date. The SBA believes that as well, they actually calculate your future pay raises when offering disaster loans

By Murray Wennerlund published 7-10-2018 updated 7-10-2018
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