If an applicant is offered, but feels he cannot afford a Small Business Administration (SBA) loan, can he/she instead apply for an IFGP grant?
No. Assistance must be accepted from all other sources prior to receiving a grant. The SBA determines if an applicant has the ability to repay a loan. If the SBA determines an applicant is unable to repay a loan, their application may automatically be forwarded to the IFGP. • What categories of assistance does the IFGP cover? The IFGP determines grant eligibility for medical/dental expenses, housing repairs, personal property losses, transportation, funeral, moving and storage expenses. • Will the IFGP cover all of my losses in these categories? No. The IFGP only covers basic necessities and essential services within each category. Assistance is based on medium grade items, materials, equipment and services. • How does the IFGP determine the amount of the grant? Real and personal property awards are based on a FEMA Inspection Report and Federally-approved IFGP guidelines. Other categories require supporting documentation from the applicant verifying disaster relatedness and the dollar
