Disaster Relief Loans from GovLoans
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3) Emergency Farm Loans - This type of loan program is still funded by the Small Business Administration and it is designed to help family farmers recover from losses obtained during natural disasters.

The loan amount administered under this program cannot exceed the maximum amount of $500,000 and can only be utilized for:

a) Repairing and replacing affected buildings and other structures

b) Buying livestock and equipment

c) Paying vital farm operating costs and family living expenses

d) Refinancing debts

e) Repairing and replacing fundamental household contents that have been directly damaged in the disaster

4) Home and Property Disaster Loans - This type of loan is geared towards the provision of loaned funds to homeowners whose homes have been damaged during natural disasters. This type of loan can provide loan funds amounting to $200,000 depending on the extent of the damages incurred by the property.

5) Military Reservist Economic Injury Disaster Loan Program - The purpose of this loan is to loan funds to eligible small businesses in an effort to help them meet their ordinary and necessary operating expenses that it was supposed to meet, but failed to do so in the process, for the reason that one or some of its employees have been called to active duty in their role as a military reservist.

To read more about the eligibility and application requirements of these loan programs, kindly visit http://www.govloans.gov/loans/type/4.


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 - Small Business Grants

Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.


Small Business Grants - Free or Low Cost Consulting for Your Small Business
Did you know that it is possible for you to receive free or low cost consulting for your small business? If it sounds too good to be true, rest assured it is actually possible. Not only does it make sense economically, but you would be receiving advice from professionals who have extensive business experience.


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The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.







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