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SBA disaster loans are the largest source of federal recovery funds for disaster survivors. SBA offers long-term, low-interest disaster loans to homeowners and renters, businesses of all sizes ...
Fact: The SBA is the largest source of federal disaster recovery funding. SBA offers long-term, low-interest disaster loans to homeowners, renters, private nonprofit organizations and businesses ...
Jan. 21—The U.S. Small Business Administration has distributed more than $257.3 million in disaster loans for 1,391 applicants who sustained property damage from the Aug. 8 wildfires and high ...
SBA opens Disaster Loan Center in Austell, GA, October 26, 2009. Homeowners and renters are eligible for long-term, low-interest loans to rebuild or repair a damaged property to pre-disaster condition. [15] Businesses are also eligible for long-term, low-interest loans to recover from declared disasters. [16]
SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000
Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.
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