Small Business Disaster Loans

The U.S. Small Business Administration provides low-interest, long-term disaster loans to business of all sizes and private non-profit organizations. SBA disaster loans offer an affordable way for individuals and businesses to recover from declared disasters.

There are three general types of disaster loans:

1. Loans for economic injury
2. Loans for physical damage to property or assets
3. Loans for physical damage to primary residences

These loans can provide up to $2 million in assistance. For the coronavirus outbreak, Congress has made available additional economic injury loans for small businesses adversely affected by the outbreak.

Information on SBA Disaster Loans

To apply: https://disasterloan.sba.gov/ela

Detailed application information: https://disasterloan.sba.gov/ela/Documents/Three_Step_Process_SBA_Disaster_Loans.pdf