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Aren SBA loans only available for businesses?

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Aren SBA loans only available for businesses?

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No. The U.S. Small Business Administration (SBA) offers low-interest disaster loans to homeowners, renters, businesses of all sizes and private, non profit organizations for repair or replacement costs for disaster-related damages not fully covered by insurance or other compensation. After a presidential declaration, the SBA is the primary source of federal financial assistance. The SBA has representatives in all Disaster Recovery Centers (DRCs) and Disaster Loan Outreach Centers (DLOC). Details on the locations of DRCs and DLOCs and the loan application process can be obtained by calling the SBA Customer Service Center at 1-800-659-2955 or by emailing our customer service center at disastercustomerservice@sba.gov.

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