SBA Loan May Be Key to Your Recovery
If you are an
Survivors should start the loan process as soon as possible, so submit the SBA loan application even if you are waiting for an insurance settlement. You may be able to begin your recovery immediately with a low-interest SBA disaster loan. The loan balance will be reduced by the settlement from your insurance. SBA loans also may be available for losses not covered by insurance.
Homeowners may borrow up to
Homeowners and renters may borrow up to
Businesses may borrow up to
Medical, dental and funeral expenses eligible for
The SBA is the federal government's primary source of money for the long-term rebuilding of disaster-damaged private property, offering low-interest disaster assistance loans to businesses of all sizes, private nonprofit organizations, homeowners and renters.
Survivors who qualify for an SBA loan are under no obligation to accept it.
Survivors can submit their SBA loan application online at https://DisasterLoan.SBA.gov/ela, by visiting one of the three Disaster Recovery Centers or by mailing their paper application to:
Processing and Disbursement Center
For more information, applicants may contact
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