SBA Form 1368. - To SBA Home Page-2025

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The document outlines the additional filing requirements for the Economic Injury Disaster Loan (EIDL) and Military Reservist Economic Injury Disaster Loan (MREIDL) provided by the U.S. Small Business Administration. It specifies eligibility criteria for small businesses, the need to demonstrate substantial economic injury due to a disaster or military call-up, and includes instructions for submitting monthly sales figures and optional financial forecasts to support loan applications.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much will I get from an SBA disaster loan?

Homeowners may be eligible for a disaster loan up to $500,000 to repair or replace damaged or destroyed real estate. SBA may also be able to help homeowners and renters with up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

Do you have to pay back the SBA disaster relief loan?

You are responsible for your COVID-19 EIDL monthly payment obligation beginning 30 months from the disbursement date shown on the top of the front page of your Original Note. During this deferment: You may make voluntary payments without prepayment penalties.

How long does it take to receive funds from SBA disaster loan?

The funds can also be used to cover general operating expenses that otherwise would have been met, had the disaster not occurred. Though funding timelines can vary, the SBA strives to make loan decisions within one to three weeks. Once approved, the funds are typically distributed within five business days.

What is the highest you can get on the SBA?

Get $500 to $5.5 million to fund your business Loans guaranteed by SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital.

How much will an SBA loan give you?

SBA 504 loans can reach $5.5 million in some instances. SBA Express loans have a maximum of $500,000. Maximum rates depend on the amount borrowed: 14% for less than $50,000; 13.5% for $50,001 to $250,000; 12% for $250,001 to $350,000; and 10.5% for more than $350,001.

How much can I borrow from an SBA disaster loan?

Homeowners may apply for up to $500,000 to replace or repair their primary residence. Renters and homeowners may borrow up to $100,000 to replace or repair personal property such as clothing, furniture, cars, and appliances damaged or destroyed in a disaster.

Does SBA have a portal?

The new MySBA Loan Portal replaces the Capital Access Financial System (CAFS). If you have one of the loans listed below, you will be able to log in to view loan details, access statements, and make payments.

Does everyone get approved for an SBA disaster loan?

To qualify for an SBA disaster loan you must operate a business located within a declared disaster zone. This might include a city, county, state, or country depending on the nature of the disaster.

SBA Form 1368. - To SBA Home Page-2025

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