They must also demonstrate an ability to repay the loan. Individuals, business concerns, charitable and nonprofit organizations are eligible to apply for assistance.
Agricultural enterprises are ineligible.
Whenever feasible, interviews are held with disaster victims and the program is explained. Assistance on filing of application is provided. Application is made on a standard form for either a home or business type loan and filed in a single copy with the nearest available SBA Disaster Area office or special disaster office. Only one copy required. Applicant is notified of approval by authorization letter from SBA Disaster Area or Special Disaster Branch.