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.
Disaster loans can be utilized for the repair and rebuilding of non-farm, private sector disaster losses, and are available to all types of business, instead of being restricted to small businesses alone.
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.
Disaster Relief Loans from GovLoans
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 Government Grants ResourcesApplying for a Grant - Where and How
Applying for a grant used to be a difficult and tedious process. The applications were long and often difficult to obtain. Even worse, loans used to be difficult to locate. Unless you were extremely ...
First Time Homebuyer Programs in California
The programs of CalHFA are constantly guided by its overall agency mission which is to "finance below market rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers in achieving the dream of homeownership."
What Are Title IV Programs and How Can They Help You Pay for College
The Title IV programs help college students save money and protects their rights, is a service provided by the government that is responsible for higher education to help prepare undergrads for the real job market after they graduate.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
Special Research Grants Program - Pest Management Alternatives
The National Institute of Food and Agriculture has recently established the Special Research Grants Program - Pest Management Alternatives in an attempt to provide support for the development and implementation of integrated pest management practices, tactics and systems for specific pest problems while at simultaneously reducing human and environmental risks.
Beyond Your Child's Classroom
What's been going on with America's students? America's students today suffer from a prevalent backward predisposition towards their own future success. Lulled into a false sense of security by their...
Strategic Alliances for Medications Development to Treat Substance Use Disorder Program
The National Institutes of Health, in cooperation with the National Institute on Drug Abuse (NIDA), has recently established the Strategic Alliances for Medications Development to Treat Substance Use Disorder Program wherein both agencies seek to support the development of substance abuse drugs by leveraging the strengths of two or more organizations toward a common goal of medications development.