Yes they do, but only if (1) your business qualifies as small as defined by the SBA (private, non-profit organizations of any size are eligible), and (2) you and your business or private, non-profit organization do not have credit available elsewhere.. The same application is used together with a supplementary form for the economic injury. The maximum amount the applicant and any affiliates may borrow for any one disaster is limited to $2.0 million for both physical damage and economic injury combined.
Besides damage to my property, my business suffered economically from the disaster. Do SBA disaster loans cover these losses?
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