If you are DENIED by SBA, you should apply/appeal AGAIN.
SBA will reconsider up to 3 denials, SO GIVE IT A SHOT.
And just to remind EVERYONE: If you lost your home/rental, APPLY FOR SBA.
It provides loans TO REGULAR RESIDENTS IN DISASTERS — not just businesses. The loans cover shortfalls in insurance — and at this point,
you don’t know if you’re underinsured or not so FILE. The loans are about 2.9% interest (RIDICULOUSLY CHEAP MONEY) and go up to $200,000.
You can have multiple attempts - SO REAPPLY IF DENIED. BE PERSISTENT!!!