Apply for SBA Disaster Assistance

SBA Disaster Assistance

Baltimore City, Anne Arundel and Baltimore Counties

Residents affected by Civil Disorder Incident (4/25 – 5/ 3) may be eligible for

StarSBA Disaster Assistance Star

Apply Now!

On Line at: https://disasterloan.sba.gov/ela

 

Physical Damages

Businesses and Private Nonprofits (PNP):

    

  • Real Estate or Leasehold Improvements
  • Machinery and Equipment
  • Furniture and Fixtures
  • Other Business Assets

Interest rate as low as 4% for businesses and 2.625% for PNPs

Up to $2 million

Economic Injury

It is not necessary to have physical damages for the Economic Injury Disaster Loan
Small Businesses and Private Nonprofits:

  • Accounts Payable
  • Normal Rental Expenditures
  • Monthly Fixed Debts and Expenses
  • Other Working Capital Needs

Interest rate as low as 4% for businesses and 2.625% for PNPs

Up to $2 million

 

Homeowners

  • Real Estate of Residence

Interest rate as low as 1.688%

Up to $200,000 for Primary Residence

Terms up to 30 years

Renters and Homeowners

  • Personal Property (Including Automobiles)

Interest rate as low as 1.688%

Up to $40,000

You may apply before insurance proceeds are received and get questions answered at the Disaster Loan Outreach Centers (DLOCs) at one of the following temporary locations:

DLOC-01—East Baltimore

Southeast Anchor Library
3601 Eastern Avenue
Baltimore, MD 21224
Mon., Wed., Thurs., 10 a.m. to 8 p.m.
Tues. 10 a.m. to 5:30 p.m.
Fri. & Sat 10 a.m. to 5:00 p.m.

Centers are closed Sundays

DLOC-02—West Baltimore

Pennsylvania Avenue Branch Library
1531 W. North Avenue
Baltimore, MD 21217
Mon., Wed. 12 p.m. to 8 p.m.
Tues., Thurs.10 a.m. to 5:30 p.m.
Fri. 12 p.m. to 5p.m.; Sat. 10:00 a.m. to 5p.m.

Businesses and individuals may also obtain information, on Disaster Loan Outreach Centers, loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing disastercustomerservice@sba269.gov. Loan applications can also be downloaded at www.sba.gov/disaster.

Application deadlines: for physical property damage July 10, 2015 and for economic injury February 11, 2016.