Loan Types
Program Description
General Program Requirements
Loan Terms
Application Process
Program Contact Information
Managing Agency
Program Description
General Program Requirements
Loan Terms
Program Description
General Program Requirements
Loan Terms
Program Description
General Program Requirements
Loan Terms
Application Process
Program Contact Information
Managing Agency
Program Description
General Program Requirements
Loan Terms
Application Process
Program Contact Information
Managing Agency
Program Description
If your small business has suffered substantial economic injury, regardless of physical damage, and is located in a declared disaster area, you may be eligible for financial assistance from the U.S. Small Business Administration. Small businesses and small agricultural cooperatives that have suffered substantial economic injury resulting from a physical disaster or an agricultural production disaster designated by the Secretary of Agriculture may be eligible for the SBA's Economic Injury Disaster Loan Program. Substantial economic injury is the inability of a business to meet its obligations as they mature and to pay its ordinary and necessary operating expenses. An EIDL can help you meet necessary financial obligations that your business could have met had the disaster not occurred. It provides relief from economic injury caused directly by the disaster and permits you to maintain a reasonable working capital position during the period affected by the disaster.
Program Description
If your small business has suffered substantial economic injury, regardless of physical damage, and is located in a declared disaster area, you may be eligible for financial assistance from the U.S. Small Business Administration. Small businesses and small agricultural cooperatives that have suffered substantial economic injury resulting from a physical disaster or an agricultural production disaster designated by the Secretary of Agriculture may be eligible for the SBA's Economic Injury Disaster Loan Program. Substantial economic injury is the inability of a business to meet its obligations as they mature and to pay its ordinary and necessary operating expenses. An EIDL can help you meet necessary financial obligations that your business could have met had the disaster not occurred. It provides relief from economic injury caused directly by the disaster and permits you to maintain a reasonable working capital position during the period affected by the disaster
Program Description
The emergency loan program aims to help family farmers recover from losses resulting from natural disasters. These loans can be used to:
• repair or replace buildings or other structures
• purchase livestock and equipment
• pay essential farm operating and family living expenses
• refinance debt
• repair or replace essential household contents damaged in the disaster.
These loans cannot exceed $500,000.
Program Description
If you are in a declared disaster area and are the victim of a disaster, you may be eligible for financial assistance from the U.S. Small Business Administration - even if you don't own a business. As a homeowner, renter and/or personal-property owner, you may apply to the SBA for a loan to help you recover from a disaster.
Insurance Proceeds: If you have insurance coverage on your personal property/home, the amount you will receive from the insurance company will be deducted from the total damage to your property in order to determine the amount for which you are eligible to apply to the SBA.
Program Description
Consolidation Loans are available to most borrowers of Federal education loans and come from one of two sources:
• Direct Consolidation Loans are made by the U.S. Department of Education. You repay a Federal Consolidation Loan to the U.S. Department of Education.
• Federal Consolidation Loans are made through Federal Family Education Loan (FFEL) Program. While FFEL funds come from private lenders, such as banks and credit unions, they are subsidized and supported by the U.S. Department of Education. You repay a FFEL Consolidation Loan to the private lender that made the loan or to its designated agency.
Whether you receive a Direct or FFEL Consolidation Loan depends on which program you choose. In either case the terms of the loan (loan amounts, interest rate, and other benefits) are generally the same.
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