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Business Physical Disaster Loans
undefined Business Physical Disaster Loans?
undefined Business Physical Disaster Loans?
To be eligible for this benefit program, your business or private non-profit organization must meet both of the following:
- Has sustained physical damage.
- Is located in a disaster declared county.
undefined Business Physical Disaster Loans?
The SBA can provide up to $2 million in disaster assistance to a business. The $2 million loan cap includes both physical disaster loans and EIDLs. There are no upfront fees or early payment penalties charged by SBA. The loan term is up to 30 years and determined by the businesses ability to repay.
| 3 or 30 years | |
| Cannot exceed 4% if no credit elsewhere. Cannot exceed 8% if credit available elsewhere | |
| $2.0 million | |
| Monthly | |
| No | |
| No |
undefined Business Physical Disaster Loans?
Apply online for disaster loan assistance at your own convenience through SBA's secure Disaster Loan Assistance website.
For application information, please call 1-800-659-2955 or email DisasterCustomerService@sba.gov
For more information about the disaster loan program or questions on how to apply, please call 1-800-659-2955, email disastercustomerservice@sba.gov or visit the Disaster Loans page.
