HomeNewsPolk County residents could be eligible for SBA financial assistance

Polk County residents could be eligible for SBA financial assistance

Polk County residents may be eligible for financial assistance from the U. S. Small Business Administration (SBA) due to Hurricane Helene.

What Types of Disaster Loans are Available?

  • Business Physical Disaster Loans – Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.
  • Economic Injury Disaster Loans (EIDL) – Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.
  • Home Disaster Loans – Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.

Learn more from the fact sheet below, along with some fliers about the different loan options.

Noteworthy

Looking for information about Polk County government? Visit the county’s official web site