Were you affected by Hurricane Sandy? As Small Business Administration Administrator Karen G. Mills explains, “Getting businesses and communities up and running after a disaster is our highest priority at SBA,” which is why the Small Business Administration has resources to help you rebuild your business or your home.
Businesses of any size, as well as homeowners and renters in areas within a disaster declaration (New York, New Jersey, or Connecticut), may be eligible to apply for SBA disaster assistance.
Businesses and private non-profit organizations of any size may borrow funds to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets, or to make improvements that lessen the risk of property damage by future disasters of the same kind. And Disaster loans are available for homeowners and renters to repair or replace disaster damaged or destroyed real estate or personal property.