Immediate Disaster Assistance Program
type: GovernmentService
description: This interim final rule implements the provision in the Food, Conservation and Energy Act of 2008 (the Farm Act) which requires SBA to establish a guaranteed disaster loan program to provide interim loans to businesses affected by a disaster. Under that authority, this rule establishes the Immediate Disaster Assistance Program (IDAP), including the requirements for carrying out the program. SBA will provide an 85 percent guarantee on IDAP loans made by participating lenders for up to $25,000. These loans are intended to provide immediate relief to a small business that meets the basic eligibility standards for a disaster loan authorized under section 7(b) of the Small Business Act while the business' application for a direct disaster loan is pending with SBA.
date published: 2010-10-01
start time: 2010-10-01
provider: US Small Business Administration
citation: DigitalDocument
license: https://creativecommons.org/publicdomain/zero/1.0/
source: https://www.federalregister.gov/documents/2010/10/01/2010-24189/immediate-disaster-assistance-program
source organization: US Federal Register
publisher: AI Analytics

PropertyValue
property ID: Federal Register Document Number
value: 2010-24189

PropertyValue
property ID: Federal Register Citation
value: 75 FR 60588

PropertyValue
property ID: CFR Reference
value: 13 CFR 123

PropertyValue
property ID: Docket
value: SBA-2010-0010

AI Analytics
type: Organization