SANTA FE, New Mexico – The U.S. Small Business Administration (SBA) loan application holds many benefits for New Mexico residents who apply for federal assistance after the recent wildfires. An applicant who is referred to the SBA during the initial FEMA application process is expected to complete an SBA loan application. Submitting a loan application keeps the full range of disaster assistance available as an option.
SBA low-interest disaster loans are meant for more than just businesses.
Applicants are often referred to the SBA after initially applying for federal disaster assistance....