Anyone affected by Hurricane IDA – filing deadline extended for the Small Business Administration’s Physical Loan Application is now 01/05/2022; and for Economic Injury (EIDL) Loan Application, that deadline is now 06/06/2022.
Physical damage loans:
Homeowners may apply for up to $200,000 to replace or repair their primary residence.; Renters and homeowners may borrow up to $40,000 to replace or repair personal property — such as clothing, furniture, cars, and appliances — damaged or destroyed in a disaster.; Secondary homes or vacation properties are not eligible for these loans. However, qualified rental properties may be eligible
Link to apply for a Physical Disaster Loans – https://www.sba.gov/funding-programs/disaster-assistance/physical-damage-loans
Economic Injury Disaster Loans:
Economic Injury Disaster Loans Small businesses, small agricultural cooperatives, and most private nonprofit organizations located in a declared disaster area and which have suffered substantial economic injury may be eligible for an SBA Economic Injury Disaster Loan (EIDL).
Link to apply for Economic Injury Disaster Loans – https://www.sba.gov/funding-programs/disaster-assistance/economic-injury-disaster-loans