Disaster Relief Loans from GovLoans

by: Michael Saunders

GovLoans is a website created by the United States Federal Government that is designed to serve as the public's gateway to loan program information.

One of the several kinds of loans that are featured in the GovLoans website are Disaster Relief loans.

Here is a list of the disaster relief loans that are available through the GovLoans website:

1) Business Physical Disaster Loans - This type of loan is funded by the Small Business Administration. This loan can be utilized for the repair and rebuilding of non-farm, private sector disaster losses, and is available to all types of business, instead of being restricted to small businesses alone.

Business Physical Disaster loans are intended for private, non-profit organization or businesses in an effort to financially help them repair or replace real property, machinery, equipment, fixtures, inventory, and leasehold improvements.

The SBA can provide up to $2,000,000 in loan amount and extend payment period for up to 30 years.

2) Economic Injury Disaster Loans - The Economic Injury Disaster Loan is provided by the Small Business Administration. This type of loan can administer up to $2,000,000 to small businesses or private, non-profit organizations who have suffered from substantial economic injury as a result of natural disasters, regardless of whether or not the applicant has directly sustained physical damage.

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Disaster Relief Loans from GovLoans
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About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Civic Engagement Grants

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Government Grants Within the United States Disaster Prevention and Relief Sector
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Northern Rocky Mountain Science Centers offers funding to Rocky Mountain Cooperative Ecosystem Studies Unit Program
The goal of the Cooperative Ecosystem Studies Unit(CESU) Program is to jump-start research studies that address concerns regarding the effects of climate change on the hydrology and biota of northern Great Plains.

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