Yes they do, but only if (1) your business qualifies as small as defined by the SBA (private, non-profit organizations of any size are eligible), and (2) you and your business or private, non-profit organization do not have credit available elsewhere.. The same application is used together with a supplementary form for the economic injury. The maximum amount the applicant and any affiliates may borrow for any one disaster is limited to $2.0 million for both physical damage and economic injury combined.
Besides damage to my property, my business suffered economically from the disaster. Do SBA disaster loans cover these losses?
SBA Success Story
Skip Success Story and go to Left Sub-Menu Links
Despite the housing market woes that hit the state last summer and have since generated daily headlines, Tony Thompson’s business Remodeling...
As a 6-year old, David Utrilla had no idea his early entrepreneurial career as a street vendor would eventually take him half-a-world away from...
Dr. Steven Solomon grew up with the expectation that he would follow in his father’s footsteps and become a lawyer, however somewhere along the...