Disaster Assistance

When a disaster strikes the United States and the damage, both physical and economic, is severe enough to prompt a federal declaration, the United States Small Business Administration (SBA) provides the Disaster Loan Program to those impacted.  With a sector of the economy that runs on the margins, small businesses affected by a disaster could be forced to turn their lights out forever.  To assist during these uncertain times, the Disaster Loan Program offers low interest, fixed-rate and long-term options for small businesses and homeowners.  With long-term recovery as a goal, small businesses may also be eligible for economic injury loans to assist when business operations are interrupted.   Businesses and homeowners in a declared disaster that are trying to rebuild should not have to fight through burdensome red tape and bureaucratic hurdles.  The Small Business Committee continues to work to make sure SBA assistance reaches disaster victims in an efficient, appropriate, and timely manner.  To find out more about the SBA disaster assistance program, please visit the SBA’s website at www.sba.gov/disaster.