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.

  (continued...)

Disaster Relief Loans from GovLoans
  Page 2

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 Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.

---

Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

---

Program for Investment in Micro-Entrepreneurs Technical Assistance
The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.

---

Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.

---