Business Physical Disaster Loans

SBA Loans are available for eligible small businesses.  If a small business suffers physical damage as a result of a natural disaster, the U.S. Small Business Administration can offer financial assistance. 

How Do You Know If You Are Eligible?

If you have a small business or even a private or non-profit organization and you sustained physical damage in an area that was declared a disaster area, you have the right to seek damage assistance in the form of SBA loans that will restore your business. 

What Can The Loan Be Used For?

The SBA small finance loan can be used to replace or repair inventory, machinery, equipment and real property.  Uninsured physical damage can be covered by SBA loans. SBA loans can also be used to pay for preventative measures against disasters in the future.  Using insurance money to pay for an outstanding mortgage on the damaged property is entirely proper.