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.
The mission of SBA’s Office of Disaster Assistance (ODA) is to help businesses of all sizes, private non-profit organizations, homeowners, and renters recover from the devastation caused by Federally declared disasters. A highly trained team of skilled professionals at the SBA is dedicated to this goal. Their efforts ensure that adequate and affordable financial assistance is rapidly extended to those in need.
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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.