SBA Offering Disaster Assistance to Small Businesses in Florida Affected by Hurricane Dorian

The SBA is offering assistance to small businesses resulting from Hurricane Dorian in Florida Counties of Wakulla, Franklin, Gulf, and Liberty, that occured  August 28, 2019 through September 9, 2019.  Businesses and private non-profit organizations of any size or type are eligible to borrow up to $2 million for the loss  of revenue during Hurricane Dorian.


The economic injury disaster  loan is for 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.

The disaster economic injury loan interest rates areas, 4.000% for businesses and 2.750% for non-profit organizations and with terms up to 30 years to repay the disaster loan.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.

 Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance.