59.008: Disaster Assistance Loans
Alternate Name: 7b Loans DL
Overview
Program Number
59.008
Status
Active
Last Modified
July 28, 2022
Date Posted
July 28, 2022
Objective
To provide loans to the survivors of declared disasters for uninsured or otherwise uncompensated physical damage and economic injury.
Type of Assistance
E - Direct Loans
Applicant Eligibility
Eligible applicants must have suffered physical property loss or economic injury as a result of a disaster which occurred in an area declared by the President or SBA. They must also demonstrate an ability and willingness to repay the loan. Business concerns, charitable and private nonprofit organizations and individuals are eligible to apply for assistance.
Beneficiary Eligibility
Business concerns, charitable and private nonprofit organizations, and individuals. Agricultural enterprises are ineligible.
Related Programs
Additional Information
Grant Awards
Disaster Assistance Loans direct grants
Grant Opportunities