re: #3 Flounder
I don’t have a problem with low percentage loans to rebuild however.
I don’t have a problem with that either. Last disaster for me, FEMA reimbursed me for the loss of my chainsaw and my generator (it was a massive icestorm and we were without commercial power for more than two weeks). But for the rest of the damage (that insurance company “Act of God, we don’t have to pay anything”), SBA gave me a low interest loan for repairs and replacement.