Small, nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size affected drought (in a federally declared drought area), may qualify for Economic Injury Disaster Loans (EIDLs) of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
WASHINGTON – Residents and businesses affected by the apartment building fire in Philadelphia County on Jan. 10, can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Karen G. Mills announced today.
If you are in a declared disaster area and have experienced damage to your home or personal property, you may be eligible for financial assistance from the SBA — even if you do not own a business. As a homeowner, renter and/or personal property owner, you may apply to the SBA for a loan to help you recover from a disaster.
To be eligible for SBA disaster assistance loans, you must be located in a declared disaster area. You can view the current Presidential-level and SBA agency-level disaster declarations for your area below.