§ 123.204. How much can your business borrow for post-disaster mitigation?
59 words·~1 min read·
/us/cfr/t13/s§ 123.204·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For mitigation measures implemented after a disaster has occurred, you can request an increase in the approved physical disaster business loan by the lesser of the cost of the mitigation measure, or up to 20 percent of the verified loss, before deducting compensation from other sources, to repair or replace your damaged business. \[75 FR 14333, Mar. 25, 2010\]