SBA Advises Businesses and Residents in Pennsylvania Do Not Wait for Insurance to Apply for a Disaster Loan; More Than $1.5 Million Approved
… for physical damages even if they have not settled with their insurance company. SBA disaster loans can cover … the difference between an insurance settlement and what is needed to fully recover. If a survivor has not settled their … each applicant’s financial condition. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s …