Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) about the application process, the status of your loan, or with any other questions you may have. If you applied through the COVID-19 portal, the SBA will contact you, but you may be able to get answers by calling the toll-free number.

Do you have to pay back the $1000 SBA grant?

While the SBA refers to this program as an advance, it was written into law as a grant. This means that the amount you are given through this program does not need to be repaid, even if your application is ultimately rejected. There will be no interest charged on this amount.

Who are the best SBA lenders in Florida?

Here are the top 50 industries in Florida (based on small business loan volume from last year) so you can get a sense of what you may expect for your business in terms of interest rate:

What do you need to know about SBA disaster loans?

You must be in an SBA declared disaster area to be eligible for SBA disaster assistance. SBA provides low-interest, long-term loans for physical and economic damage caused by a declared disaster. They include home and personal property, business and economic injury loans.

Are there any banks that will lend to SBA loans?

We analyze thousands of SBA loans each year and rank lenders based on recent activity. We would be remissed if we did not mention that although many banks will only lend in certain geographies, there are a handful of extremely aggressive nationwide SBA lenders who will lend anywhere.

What does the SBA do for small businesses?

To bring small businesses the support they need, SBA is divided into several key functional areas. To further the mission of helping small businesses succeed, SBA has established offices across the country. These offices offer business development services and training to help small business start and grow.