NAVIGATION

Filing Deadline is October 15 for Low-Interest Federal Disaster Loans

sba loans

65392838 – sba loan application form with a pen on a desk with an approved stamp

Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available for businesses of all sizes and private nonprofit organizations. Qualified applicants may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

Economic Injury Disaster loans are available for businesses that may or may not have sustained any damage, but have experienced a downturn in business because of the disaster. The SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future. Disaster loans cover losses not fully compensated by insurance or other recoveries.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or emaildisastercustomerservice@sba.gov for more information on SBA disaster assistance.
Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

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