Small Business Administration (SBA) Disaster Loans
Small Business Administration (SBA) Disaster Loans are the primary source of federal long-term disaster recovery funds for disaster damage not fully covered by insurance or other compensation. SBA’s Office of Disaster Assistance is working in conjunction with the Governor’s Office of Emergency Services (Cal OES) and the Federal Emergency Management Agency to help business owners and residents recover as much as possible from this disaster.
To qualify for SBA you must have already applied to FEMA.
FEMA can be reached by phone at 1-800-621-FEMA (3362), online at www.DisasterAssistance.gov and through the FEMA app. Disaster assistance applicants who have a speech disability or hearing loss and use TTY should call 1-800-462-7585 directly; for those who use 711 or Video Relay Service (VRS), call 1-800-621-3362. The toll-free telephone numbers will operate from 4 a.m. to 8 p.m. Pacific Daylight Time seven days a week until further notice.
Types of Loans
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA can also lend additional funds to help business and residents with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.
Small Businesses and Nonprofit Organizations
For small businesses and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans (EIDL) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.
Disaster loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed primary residence. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
How to Apply:
Go to the SBA Disaster Loan Assistance website or visit the Disaster Loan Outreach Center to:
- View Eligible Disaster Areas
- Apply Online
- Check Application Status
Disaster Loan Outreach Center
Press Democrat Building
427 Mendocino Avenue
Santa Rosa, CA 95401
Opens at 9 a.m. Friday, Dec. 29
Mondays – Fridays, 9 a.m. – 6 p.m.
Saturdays, 9 a.m. – 4 p.m.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela.
Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing firstname.lastname@example.org. Individuals who are deaf or hardofhearing may call (800) 877-8339. For more disaster assistance information, or to download applications, visit http://www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Application Filing Deadlines
Physical Damage: December 11, 2017
Economic Injury: July 12, 2018