In the case of a physical disaster, a small business owner may apply for a low-interest SBA loan of up to $2 million to repair or replace damaged real estate, equipment, inventory, and fixtures.

Question

Quizplus · Accepted Answer

This statement is true. The Small Business Administration (SBA) does provide low-interest loans for small businesses affected by physical disasters to repair or replace damaged property, equipment, inventory, and fixtures, up to a maximum loan amount of $2 million.

In the Case of a Physical Disaster, a Small Business