AN SBA DISASTER LOAN MAY BE THE KEY TO YOUR RECOVERY
[https://www.fema.gov/fact-sheet/sba-disaster-loan-may-be-key-your-recovery]


Release Date: 
9月 13, 2022 

I DON’T OWN A BUSINESS, WHY DO I NEED AN SBA LOAN?

While most people think of the SBA as only helping small businesses,
in times of disaster, low-interest disaster loans can help businesses
of any size, homeowners and renters affected by disaster.

Homeowners can receive up to $200,000 for the repair or replacement of
real estate. Homeowners and renters may borrow up to $40,000 to repair
or replace personal property. Loan amounts cannot exceed the uninsured
disaster loss, as verified by SBA.

WHAT SHOULD I DO IF I’M REFERRED TO SBA?

FEMA may refer you to the SBA if your income meets minimum loan
guidelines. If you are referred to SBA for a disaster loan, it is
important that you take the time to apply. To receive further FEMA
assistance, you must be denied for a loan.

If an SBA loan doesn't cover all your needs – you may be eligible
for additional FEMA grant assistance to replace essential household
items, replace or repair a damaged vehicle, cover storage expenses or
meet other disaster-related needs.

There is no obligation to accept a disaster loan. FEMA will help
applicants who refuse an SBA loan with referrals to community partners
like volunteer and community agencies to assist with disaster needs.

TYPES OF LOANS

There are three types of loans for homeowners/renters and small
businesses:

HOME DISASTER LOANS—DEADLINE TO APPLY IS SEPT. 28, 2022—Loans to
homeowners or renters to repair or replace disaster-damaged real
estate and personal property, including automobiles.

BUSINESS PHYSICAL DISASTER LOANS—DEADLINE TO APPLY IS SEPT. 28,
2022—Loans up to $2 million to businesses to repair or replace
disaster-damaged property owned by the business, including real
estate, inventories, supplies, machinery and equipment. Businesses of
any size are eligible. Private, non-profit organizations such as
charities, churches, private universities, etc., are also eligible.

ECONOMIC INJURY DISASTER LOANS (EIDL)—DEADLINE TO APPLY IS MAY 1,
2023—Working capital loans to help small businesses, small
agricultural cooperatives, small businesses engaged in aquaculture,
and most private, non-profit organizations of all sizes meet their
ordinary and necessary financial obligations that cannot be met as a
direct result of the disaster. These loans are intended to assist
through the disaster recovery period.