SBA Disaster Loan Program - financial services

Did the severe storms and flooding on May 20, 2026 impact your home or business? The SBA has officially declared a disaster for Queens County, making low-interest federal loans available for your recovery. As a retired SBA Disaster Recovery Specialist, I provide expert, one-on-one guidance to help you navigate the application process and maximize your eligible funding.

How I Can Assist You:

• Homeowners & Renters: May be eligible for up to $100,000 for personal property losses (cars, furniture, etc.) and up to $500,000 for primary residence repairs.

• Business Owners & Nonprofits: May be eligible for up to $2 million for physical damages (real estate, inventory, equipment) or Economic Injury Disaster Loans (EIDL) for working capital.

• Application Expertise: I help ensure your documentation is complete to avoid the common delays seen in the MySBA Loan Portal.

Important Deadlines:

• Physical Damage (real estate, equipment, personal property): August 31, 2026.

• Economic Injury (EIDL-Loss of Income/Working Capital): March 30, 2027.

Key Details for Your Reference:

Interest Rates: Currently start as low as 2.857% for homeowners/renters and 4% for businesses, with terms up to 30 years.

A FEMA Disaster Recovery Center (DRC) is open at Queens College and houses SBA personnel who can prepare disaster loan applications at no charge.

If you cannot and do not want to navigate the DRC, please call, text or email and I will respond accordingly.

John