How to apply for an SBA disaster loan

If your business or home suffered damage and is in a presidentially declared disaster area, you may qualify for financial help. Find out how to apply for a small business disaster loan.

Find out what expenses an SBA disaster loan can pay

The Small Business Administration (SBA) offers low-interest loans after a declared disaster. The loans can help businesses of all sizes, nonprofit organizations, and individual households. The loans can pay for:

Repair or replacement of physical damages
Personal property
Expenses that your business’ or homeowner’s insurance policies do not cover

Learn about the types of disaster relief loans

SBA disaster loans cover different types of losses after a declared disaster. Learn more about each type of loan and if you are eligible:

Business Physical Disaster Loan - provides for the repair or replacement of buildings, machinery, fixtures, and inventory
Economic Injury Disaster Loan (EIDL) - assists with operational costs whether or not a disaster caused physical damage to a business
Home and personal property loans - helps homeowners and renters replace or repair damaged homes, cars, appliances, furniture, and clothing
Military Reservists Economic Injury Loans - helps businesses cover operational expenses if an essential employee is called to duty as a military reservist