Search results
Small Business Administration
Homeowners may borrow up to $200,000 from SBA to repair or replace their primary residence. Homeowners and renters may borrow up to $40,000 to repair or replace disaster-damaged personal property, including vehicles. Businesses and non-profits may also borrow working capital.
There are two types of COVID-19 EIDL funding: COVID-19 EIDL loan funds may be used for working capital and other normal operating expenses. These loans are not forgivable and must be repaid. Requirements vary depending on the size of the loan. Loan increases are available until funds are exhausted.
Apr 15, 2024 · About mitigation assistance. SBA offers low-interest disaster loans to homeowners and small businesses impacted by declared natural and other disasters. Eligible SBA disaster loan borrowers may choose to receive expanded funding to help mitigate their home or business against future disasters.
Apr 10, 2024 · Online at DisasterAssistance.gov. Check to confirm that you are eligible, then apply with FEMA online. After receiving a FEMA registration number, you can then apply for an SBA disaster loan in one of three ways: Apply for an SBA disaster loan online. Apply in person at a Disaster Recovery Center (DRC).
Feb 2, 2024 · SBA disaster loans; Guaranty-purchased Paycheck Protection Program (PPP) loans; Guaranty-purchased SBA-serviced 7(a) loans; Debenture-purchased 504 loans; Pay online. Online payments are recommended for faster processing times. To get started: Log in to the MySBA Loan Portal.
Oct 21, 2017 · Next to insurance, the U.S. Small Business Administration (SBA) low-interest disaster loans are the survivor’s primary source of funding for disaster recovery. For more information about SBA’s low-interest disaster loans, visit www.sba.gov/disaster.
