SBA Low Interest Disaster Loans | United States Small Business Administration
SBA Low Interest Disaster Loans
Program provides low-interest disaster loans for homeowners, renters, businesses of any size and most nonprofits. Similar to FEMA, SBA cannot duplicate benefits for losses covered by insurance. The following conditions apply: For small businesses, those engaged in aquaculture and most nonprofits, up to $2 million is available for working capital needs even there was no property damage, with a $2 million maximum loan for any combination of property damage and working capital needs. For homeowners, up to $200,000 is available to repair or replace their primary residence. For homeowners and renters, up to $40,000 is available to replace personal property, including vehicles.
Categories
Physical Address
2120 Riverfront Drive, Little Rock, AR 72202
Hours
Mon 8:00am - 8:00pm; Tue 8:00am - 8:00pm; Wed 8:00am - 8:00pm; Thu 8:00am - 8:00pm; Fri 8:00am - 8:00pm; Sat 8:00am - 8:00pm; Sun 8:00am - 8:00pm; Online application available 24 hours a day, 7 days a week.Phone service hours listed below are in the Eastern Time Zone:
Fax
(501) 324-7394
Arkansas District Office
Application process
OnlinePhoneEmail
Fee
No fee to apply. Repayment rates vary by size and type of loan. Please call for information.
Eligibility
Businesses and residents that are located in an SBA Disaster Declaration zone and have been negatively impacted by a disaster.
Languages
English
Service area
United States United States United States United States United States United States United States United States United States United States United States United States United States United States United States United States
Agency info
United States Small Business Administration
Organization is a cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise.