SBA Disaster Assistance, Helping America Recover
The U.S. Small Business Administration provides low-interest disaster loans to help businesses, renters, private nonprofits and homeowners recover once the President, SBA, or Secretary of Agriculture has declared a disaster. Loans can cover repairs and replacement of physical assets damaged in a declared disaster as well as small business operating expenses.
If insurance, and funding from the Federal Emergency Management Agency (FEMA), doesn't fully cover the disaster assistance needed, SBA uses disaster loans for many purposes including real estate, personal property, economic injury, machinery and equipment, inventory and active military duty.
The process to apply for disaster assistance is simple. A business or home must be in an affected area as stated by a disaster declaration at disasterloan.sba.gov to qualify.
SBA disaster loans are available to people and businesses affected by the recent hurricanes. The Small Business Administration is also hiring temporary employees to assist with disaster relief efforts this hurricane season.
Learn more at https://www.sba.gov/disaster-assistance.