# What types of SBA disaster loans are there?

**Short answer:** SBA offers physical damage loans for homes and businesses and Economic Injury Disaster Loans for working capital. Military Reservist loans apply when an essential employee is called up. Physical loans can add mitigation money (sba.gov/disaster, read November 8, 2026).

Canonical page: https://www.sbaexpress.loans/answers/sba-disaster-loan-types/
Last checked: 2026-11-08

SBA has four kinds of disaster help: physical damage loans, economic injury loans, reservist loans and mitigation increases. SBA's disaster page describes each (read November 8, 2026).

## Physical damage loans

- **Home and personal property.** Homeowners can borrow up to $500,000 to repair or replace a primary residence. Renters and homeowners can borrow up to $100,000 for personal property.
- **Business.** Up to $2 million for businesses of any size and most private nonprofits. It covers losses not fully covered by insurance.

## Economic Injury Disaster Loans (EIDL)

These are working capital loans for small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofits with substantial economic injury.

## Military Reservist EIDL

This covers ordinary and necessary operating expenses when an essential employee is called to active duty. The maximum is $2 million.

## Mitigation

A physical damage loan can increase by up to 20% of the verified loss, to reduce future damage.

## Using more than one

A business may qualify for both an EIDL and a physical disaster loan. The maximum combined amount is $2 million.

## How to apply

You apply to SBA online. Physical and EIDL loans require damage or injury in a declared disaster area. For questions, SBA lists 800-659-2955 or an in-person appointment.

## Sources

- [sba.gov/disaster (read November 8, 2026)](https://www.sba.gov/disaster/)