Returning Your SBA Application Gives You Recovery Options

Main Content
Release date: 
September 7, 2011
Release Number: 
1981-066

BISMARCK, N.D. -- North Dakota residents and businesses in Barnes, Benson, Burleigh, McHenry, Morton, Ramsey, Renville, Richland and Ward counties, and the Spirit Lake Nation are encouraged to complete and return their SBA application.

For individuals and businesses, U.S. Small Business Administration (SBA) disaster loans are the primary source of money to pay for repair or replacement costs not fully covered by insurance. Those who have insurance do not have to wait for a settlement to apply.

Homeowners may be eligible for loans up to $200,000 for disaster-damaged real estate; renters and homeowners may be eligible for loans up to $40,000 for disaster-damaged contents and personal property (including automobiles); businesses and private non-profit organizations of all sizes may be eligible for physical disaster loans for disaster-damaged real estate and/or contents; small businesses and private non-profit organizations of all sizes may be eligible for loans for economic injury to help with working capital needs due to the disaster

Homeowners and renters should complete an SBA disaster loan application even if they are not sure they will need or want a loan. If SBA cannot approve an application, the applicant may be referred to FEMA's Other Needs Assistance program for possible additional assistance.

SBA has approved more than $199.3 million to date in low-interest disaster loans to residents and businesses. SBA disaster representatives are available at all Disaster Recovery Centers (DRCs) and the Business Recovery Centers (BRCs) to issue loan applications, answer questions about SBA's low-interest disaster loan program, explain the application process and help each resident or business owner complete an application.

DRC Locations:

  • Bismarck: Bank of North Dakota, 1200 Memorial Highway
  • Minot: Ward County Courthouse, 315 Third St. SE
  • (Monday -- Friday, 9 a.m. -- 7 p.m.; Saturday, 9 a.m. to 2 p.m.)

BRC Locations:

  • Bismarck: Bank of North Dakota, 1200 Memorial Highway
  • Minot: Wells Fargo Bank, 15 Second Avenue SW, Third Floor
  • (Monday -- Friday, 9 a.m. -- 6 p.m.)

Additional information about SBA loans is available through SBA's Disaster Assistance Customer Service Center by calling (800) 659-2955, emailing disastercustomerservice@sba.gov, or visiting SBA's Web site at www.sba.gov. Deaf and hard-of-hearing individuals may call TTY (800) 877-8339. Applicants may also apply for SBA loans online at SBA's secure Web site at disasterloan.sba.gov/ela.

Loan applications to the SBA for disaster-related losses to real and personal property should be submitted by the deadline of Sept. 22. The deadline to submit economic injury applications is March 21, 2012.

FEMA's mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Last Updated: 
July 16, 2012 - 18:46
State/Tribal Government or Region: 
Related Disaster: 
Back to Top