SBA Simplifies Online Disaster Loan Application

 WASHINGTON, DC — Applying for disaster recovery assistance from the US Small Business Administration just got easier thanks to revisions made to its electronic loan application, significantly reducing the number of screens an applicant must read while filling out the form.

“Our goal is to provide support for those rebuilding after a disaster, and we wanted to make the process more user-friendly,” said SBA Administrator Karen G. Mills.

The new online application is easier to read, and users will spend less time filling out the form.

Homeowners, renters, businesses, and nonprofits applying for disaster loans to cover losses to real estate and property, as well as economic injury, can access the form at https://disasterloan.sba.gov/ela/. There’s a “help” link at the top of each page, which directs users to a place where they can get questions answered.