Disaster Loan Program
E40268
The Disaster Loan Program is a U.S. Small Business Administration initiative that provides low-interest loans to businesses, homeowners, and renters to help them recover from declared disasters.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal assistance program
→
loan program → |
| administeredBy |
SBA Office of Disaster Assistance
→
U.S. Small Business Administration → |
| appliesTo |
SBA-declared disasters
→
federally declared disasters → presidentially declared disasters → |
| canBeUsedFor |
covering operating expenses not met due to disaster
→
repair of primary residence → repair or replacement of business assets → replacement of personal property → |
| coordinationWith |
local emergency management agencies
→
state emergency management agencies → |
| country |
United States
→
|
| eligibilityIncludes |
homeowners affected by disasters
→
nonprofit organizations → renters affected by disasters → small businesses → |
| focusesOn |
long-term disaster recovery needs
→
|
| fundingSource |
U.S. federal government
→
|
| hasPurpose |
provide financial assistance after disasters
→
support disaster recovery → |
| interestRateType |
fixed-rate
→
low-interest → |
| isPartOf |
SBA Disaster Assistance Program
→
|
| isRelatedTo |
Federal Emergency Management Agency assistance
→
|
| legalBasis |
Small Business Act of the United States
→
|
| loanType |
economic injury disaster loans
→
home disaster loans → military reservist economic injury disaster loans → physical disaster loans → |
| mayRequire |
collateral for larger loans
→
|
| offers |
low-interest loans
→
|
| regulates |
loan terms for disaster assistance
→
|
| requires |
application to the U.S. Small Business Administration
→
creditworthiness evaluation → demonstration of disaster-related loss → |
| sector |
disaster recovery finance
→
public finance → |
| supports |
business continuity after disasters
→
repair or replacement of damaged personal property → repair or replacement of damaged real estate → working capital needs after a disaster → |
| targetBeneficiary |
businesses
→
homeowners → renters → |
| timeHorizon |
long-term repayment periods
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
U.S. Small Business Administration
→
|
operatesProgram |