SBA Loans for Physical Damage

Application Deadline:
Saturday, May 31st

If you live in a declared disaster area and have experienced damage to your home or personal property, you may be eligible for financial assistance from SBA — even if you do not own a business. As a homeowner, renter, or personal property owner, you may apply to SBA for a loan to help you recover from a disaster.

Home and Personal Property Loans:

  • 2.563% interest rate

  • Length of loan up to 30 years

  • No interest accrued for the first 12 months. 

  • No payment towards the principal due for 2 years after the first disbursement.

  • No prepayment penalty fees

Business Loans

  • 4% interest rate

  • Length of loan up to 30 years

  • No interest accrued for the first 12 months. 

  • No payment towards the principal due for 2 years after the first disbursement.

  • No prepayment penalty fees


Apply for a Small Business Administration Disaster Loan for Physical Damage online at https://www.sba.gov/funding-programs/disaster-assistance/physical-damage-loans 

or Call SBA at 800-659-2955 – M-F 8am – 8pm ET