SBA Disaster Assistance | May 2020 Flood
The U.S. Small Business Administration (SBA) is offering low-interest disaster loans in response to the May 26th & 27th flood that affected several areas including the City of Doral. Businesses of all sizes, Private Non-Profit organizations, Homeowners and Renters and with physical or economic damages stemming from this disaster, are encouraged NOT to wait for a response from insurance claims, and apply as they may be eligible for Federal Disaster Assistance from SBA.
IMPORTANT: The filing deadline to return applications for physical property damage is October 13th, 2020. The deadline to return economic injury applications is May 13th, 2021. There are no fees to apply for, or withdraw from SBA disaster assistance, nor is there an obligation for an applicant to take a loan if approved. By submitting an application, survivors secure access to possible financing they can use as part of their recovery efforts.
HOW TO APPLY / GET HELP
Survivors are encouraged to apply online by visiting DisasterLoanAsisstance.sba.gov; they may also contact our Virtual Disaster Loan Outreach Center (VDLOC), at (800) 659-2955, seven days a week, 8 a.m. to 8 p.m., Eastern Time, where SBA Disaster Assistance Specialists are standing-by to provide one-one-one expert support (NOTE: The center is closed on Saturdays and Sundays). DEADLINES: October 13th, 2020 to return applications for physical property damage, and May 13th, 2021 to return economic injury applications.
SBA Flyer - en español
Virtual Disaster Loan Outreach Center
SBA Press Release August 14, 2020
SBA Fact Sheet
Virtual Disaster Loan Outreach Center - Hours of Operation
Virtual Disaster Loan Outreach Center - Hours of Operation - en español