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>> Locate Federal Benefits >> U.S. Small Business Administration

WHAT IS IT: BENEFITS REPORT

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Additional information on Federal benefits may be found through:

bullet U.S. Small Business Administration
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Details appear below for each of the benefit programs you selected to be included in this Benefits Report. Based on the information you provided, it appears that you may be eligible to participate in or receive benefits from these programs (GovBenefits.gov cannot guarantee your eligibility).

IMPORTANT: This information will be lost once you leave the GovBenefits.gov website.

You may wish to print this report for future reference. Created on Oct. 18, 2004

Program name Am I eligible?
Physical Disaster Loans Am I eligible?

Eligibility criteria
Any business that is located in a declared disaster area and has incurred damage during the disaster may apply for a loan to help repair or replace damaged property to its pre-disaster condition. The SBA makes physical disaster loans of up to $1.5 million to qualified businesses.

SBA loans will cover uninsured physical damage. If you are required to apply insurance proceeds to an outstanding mortgage on the damaged property, you can include the amount applied in your disaster loan.

Note: Charitable, religious, nonprofit and similar organizations with the ability to obtain credit elsewhere are eligible for physical disaster loans for up to 30 years at an interest rate based upon a different statutory formula. The nearest SBA disaster office can supply you with the interest rate.

Description
If your business -- large or small -- has suffered physical damage as a result of a disaster, you may be eligible for financial assistance from the U.S. Small Business Administration.

Any business that is located in a declared disaster area and has incurred damage during the disaster may apply for a loan to help repair or replace damaged property to its pre-disaster condition. The SBA makes physical disaster loans of up to $1.5 million to qualified businesses.

Managing organization
U.S. Small Business Administration http://www.sba.gov/

Program contact information & web resources
For more information on this program, please visit:
http://www.sba.gov/disaster_recov/loaninfo/phydisaster.html

  
 
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