SBA Disaster Loan Assistance

If you run a business and registered with the Federal Emergency Management Agency (FEMA) for assistance with your disaster losses you might also be referred to the U.S. Small Business Administration (SBA) to determine if you qualify for Federal disaster loan assistance which may help with your recovery needs.

The SBA provides affordable disaster loans to homeowners and renters for their uninsured or underinsured disaster losses. All disaster survivors, whether also registered with FEMA or not, should look into applying to the SBA Disaster Loan Program to determine the appropriate type of federal disaster assistance you may receive.

There is no cost to apply and applicants are under no obligation to accept a loan if they qualify for assistance. An SBA disaster loan may be your best and most affordable option to fully repair your damaged home and replace your personal property. To check if you are able to apply SBA customer service representatives are available to help you by phone, e-mail, or in person at a disaster recovery center (DRC) in your area.

To speak with a customer service representative, call 1-800-659-2955 or email disastercustomerservice@sba.gov. For the hearing impaired, please call 1-800-877-8339. To learn more about the SBA Disaster Loan Program, please visit www.sba.gov/disasterassistance.

Homeowners and renters are encouraged to submit their SBA disaster loan application, even if they are not sure they will need or want a loan. In most cases, if SBA cannot approve your application, you will be referred back to FEMA to be considered for possible additional grant assistance.

• Homeowners can borrow up to $200,000 to repair or replace their damaged primary residence.
• Homeowners and renters can borrow up to $40,000 to replace damaged personal property, including vehicles.

You are encouraged to apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela/. To complete the application, make sure you have the following information:

• Updated contact information, including phone numbers;
• Social Security Number and FEMA registration number;
• Insurance information including company name, address and policy number;
• Financial information including income, creditor names, monthly payments and balances.

Apply Now for SBA Disaster Loan Assistance. There is no need to delay your application until your insurance settlement is final and we strongly encourage you not to wait until the application deadline nears or you are in immediate need of funds to apply for assistance.

Please note: In an attempt to provide the best customer service and most up-to-date information, you may receive additional correspondences from SBA, including by phone, email or mail. We apologize for any inconvenience if you have already completed your SBA disaster loan application and receive additional correspondence unnecessarily.