The U.S. Small Business Administration (SBA) can make federally subsidized loans to repair or replace homes, personal property or businesses that sustained damages not covered by insurance. The Small Business Administration can provide three types of disaster loans to qualified homeowners and businesses:
- home disaster loans to homeowners and renters to repair or replace disaster-related damages to home or personal property,
- business physical disaster loans to business owners to repair or replace disaster-damaged property, including inventory, and supplies; and
- economic injury disaster loans, which provide capital to small businesses and to small agricultural cooperatives to assist them through the disaster recovery period.
For many individuals the SBA disaster loan program is the primary form of disaster assistance. Learn how to apply for SBA disaster loan assistance.
SBA provides low interest disaster loans to homeowners, renters, businesses of all sizes and private, non-profit organizations to repair or replace real estate, personal property, machinery & equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.
SBA Disaster Loans Fact Sheet
What Information do I Need to Apply?
Whether applying online OR over the phone, you should have a pen and paper and the following information ready:
After you've completed your application for assistance, you will receive a FEMA application number. Write down this number and keep it for future reference.