I believe that Loan Forgiveness would be an appropriate response, especially for
senior citizens. For example, my wife, 72, and I, 77, both under doctor's care and
on pension and Social Security, secured a SBA loan for home replacement. After
insurance reimbursement and Road Home Grant, we were left with a loan balance
of over $125,000 for a modest three bedroom home in the Algiers area of New
Orleans.
Comment Submitted by Ellis Williams
This is comment on Proposed Rule
Special Community Disaster Loan Programs
View Comment
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