• FEMA / SBA Disaster Loans

  • Emmet County residents and businesses impacted by recent severe weather are urged to take advantage of low-interest SBA Physical Disaster Loans.

    What You Need to Know:

    • The SBA Disaster Loan Outreach Center will be open soon.
    • If you're unsure about accepting a loan, apply anyway – you can always decline it later. If you change your mind, you may reactivate your application within 6 months of the decision letter.

    For more information or to apply online, visit:

    https://lending.sba.gov/search-disaster/?disaster=MI-20034

  • 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- 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.
  • To apply online, visit sba.gov/disaster.

    Applicants may also call SBA’s Customer Service Center at (800) 659-2955

    or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

    See the full press release from the SBA here.


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