SBA disaster mitigation loan increase for Franklin County disaster declarations

How it works

Franklin County’s Emergency Operations Center page describes a federal disaster declaration covering Franklin County and nearby counties. It says homeowners and renters may apply for SBA home and personal property loans, and that applicants may also be eligible for a loan increase of up to 20% of their verified physical damage for mitigation purposes.

What the money covers

The county page lists the following as eligible mitigation improvements:

• strengthening structures to protect against high wind damage
• upgrading to wind-rated garage doors
• installing a safe room or storm shelter to help protect property and occupants from future damage

Amounts

• Home and personal property loans: up to $100,000 for homeowners/renters to replace or repair personal property.
• Primary residence loans: up to $500,000 for homeowners to replace or repair their primary residence.
• Mitigation increase: up to 20% of verified physical damage.

Timing and status

The county page does not give a program end date. It presents the mitigation loan increase as part of the SBA disaster declaration notice for Franklin County.

Important limitation

This is not a county-funded grant or rebate. It is a federal disaster loan feature described on the county’s official emergency management page.