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You can apply for an SBA disaster loanonline, by standard mail, or in person at a disaster recovery center. Your credit profile will be reviewed before an inspector visits your property to fully assess damages.
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How can I get SBA disaster loans for my business?
Then, residents there can apply for various forms of federal assistance, including low-interest SBA disaster loans of up to $2 million with loan terms up to 30 years. To qualify, your business must be located in a declared disaster area, have fewer than 500 employees and be considered a small business under the SBA size standards.
Are you eligible for a small business loan after a disaster?
Small businesses who have been directly affected by a declared natural disaster including floods, fires or storm damage, may be eligible for low interest loans of up to $130,000. This low interest rate loan can help a small business:
Can I get a loan for natural disaster relief?
Disaster relief loans – Small business Small businesses who have been directly affected by a declared natural disaster including floods, fires or storm damage, may be eligible for low interest loans of up to $130,000. This low interest rate loan can help a small business:
How long do I have to apply for a disaster loan?
The deadline to apply is 60 days after the declaration of a disaster. Economic injury disaster loans: Working capital loans up to $2 million that can help small businesses and nonprofits meet financial obligations they would ordinarily meet if not for a disaster. You can apply within nine months after the declaration of a disaster.