Types of Loans:
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Home and Personal Property Loans: Homeowners may apply for up to $500,000 to replace or repair their primary residence. Renters and homeowners may borrow up to $100,000 to replace or repair personal property (such as clothing, furniture, cars, and appliances) damaged or destroyed in a disaster.
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Business Physical Disaster Loans: Businesses of any size and most private nonprofit organizations may apply for loans of up to $2,000,000 to repair or replace real property, machinery, equipment, fixtures, inventory, or leasehold improvements.
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Economic Injury Disaster Loans: Small businesses, small agricultural cooperatives, and most private nonprofit organizations can borrow up to $2,000,000 to meet their obligations and pay their ordinary and necessary operating expenses if they are otherwise unable to do so.
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Military Reservists Economic Injury Loans: Eligible small businesses can borrow up to $2,000,000 to help meet ordinary and necessary operating expenses that it could have met but is unable to because an essential employee was called to active duty as a military reservist.
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