Besides damage to my property, my business suffered economically from the disaster. Do SBA disaster loans cover these losses?
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.