How to Apply for SBA Coronavirus Disaster Assistance

Fleet Services International Tips on Applying for Coronavirus SBA Disaster Assistance

Has your state declared an emergency declaration? The U.S. Small Business Administration (SBA) is offering states and territories that have made an emergency declaration, low-interest federal disaster loans up to $2 million for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Here’s how to apply for SBA Coronavirus Disaster Assistance:

Visit and Apply Online or Contact your local SBA District Office

  1. Check the SBA website to see if the SBA has issued a disaster declaration for your area.
  2. Apply online for a disaster loan at
  3. Log into your account and check for updates.

The SBA’s Office of Disaster Assistance will coordinate with the state’s or territory’s Governor to submit the request for Economic Injury Disaster Loan assistance. Once a declaration of emergency is made for your state, the information on the application process for Economic Injury Disaster Loan assistance will be made available to all affected communities as well as updated on our website:

These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate (as of March 14, 2020) is 3.75% for small businesses.

SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. The terms of the loan are based upon each borrower’s ability to repay.

For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail

For businesses with existing SBA loans who are seeking to defer payments, read: How to Defer an SBA Loan.