SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters.
Who can apply for an SBA disaster loan?
- Businesses of all sizes
- Homeowners
- Renters
- Private nonprofit organizations
You must be located in a declared disaster area and meet other eligibility criteria depending on the type of loan.
How to use an SBA disaster loan
- Losses not covered by insurance or funding from the Federal Emergency Management Agency for both personal and business
- Business operating expenses that could have been met had the disaster not occurred