If Your Business Been Affected By A Natural Disaster, An SBA May be Able to Help

If your business has been impacted due to a natural disaster or hardship, you may qualify for an?SBA disaster loan?to get back on track. These funds are available to businesses and companies that qualify and that can document losses in revenues due to a disaster or emergency- like COVID- in the US.

Here is what you need to know:

Are you in an area that has been declared a disaster zone by the Federal government, the SBA, or the Secretary of Agriculture? You can find a list of declared disaster areas online.

Have you applied or submitted an insurance claim related to your losses and damages?

If the disaster is related to a pandemic or epidemic, special rules and exceptions apply.?

Typically, the SBA only helps to cover expenses and losses that are not insured and covered- but it is not too early to apply. The amounts can be adjusted later or will have the amount covered by insurance taken out before disbursement of funds. (Click Here To Learn More)