Part 123 — Disaster Loan Program
Current through Sep 29, 2026
Authority: 15 U.S.C. 632, 634(b)(6), 636(b), 636(d), 657n, 9009, and U.S. Const. art. VI, cl. 10.
Source: 61 FR 3304, Jan. 31, 1996, unless otherwise noted.
Sections
- § 123.1 What do these rules cover?
- § 123.2 What are disaster loans and disaster declarations?
- § 123.3 How are disaster declarations made?
- § 123.4 What is a disaster area and why is it important?
- § 123.5 What kinds of loans are available?
- § 123.6 What does SBA look for when considering a disaster loan applicant?
- § 123.7 Are there restrictions on how disaster loans can be used?
- § 123.8 Does SBA charge any fees for obtaining a disaster loan?
- § 123.9 What happens if I don't use loan proceeds for the intended purpose?
- § 123.10 What happens if I cannot use my insurance proceeds to make repairs?
- § 123.11 Does SBA require collateral for any of its disaster loans?
- § 123.12 Are books and records required?
- § 123.13 What happens if my loan application is denied?
- § 123.14 How does the Federal Debt Collection Procedures Act of 1990 apply?
- § 123.15 What if I change my mind?
- § 123.16 How are loans administered and serviced?
- § 123.17 Do other Federal requirements apply?
- § 123.18 Can I request an increase in the amount of a physical disaster loan?
- § 123.19 May I request an increase in the amount of an economic injury loan?
- § 123.20 How long do I have to request an increase in the amount of a physical disaster loan or an economic injury loan?
- § 123.21 What is a mitigation measure?
- § 123.22 Severability.
- § 123.100 Am I eligible to apply for a home disaster loan?
- § 123.101 When am I not eligible for a home disaster loan?
- § 123.102 What circumstances would justify my relocating?
- § 123.103 What happens if I am forced to move from my home?
- § 123.104 What interest rate will I pay on my home disaster loan?
- § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment terms?
- § 123.106 What is eligible refinancing?
- § 123.107 How much can I borrow for post-disaster mitigation for my home?
- § 123.108 How do the SBA disaster loan program and the FEMA grant programs interact?
- § 123.200 Am I eligible to apply for a physical disaster business loan?
- § 123.201 When am I not eligible to apply for a physical disaster business loan?
- § 123.202 How much can my business borrow with a physical disaster business loan?
- § 123.203 What interest rate will my business pay on a physical disaster business loan and what are the repayment terms?
- § 123.204 How much can your business borrow for post-disaster mitigation?
- § 123.300 Is my business eligible to apply for an economic injury disaster loan?
- § 123.301 When would my business not be eligible to apply for an economic injury disaster loan?
- § 123.302 What is the interest rate on an economic injury disaster loan?
- § 123.303 How can my business spend my economic injury disaster loan?
- § 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
- § 123.500 Definitions.
- § 123.501 Under what circumstances is your business eligible to be considered for a Military Reservist Economic Injury Disaster Loan?
- § 123.502 Under what circumstances is your business ineligible to be considered for a Military Reservist Economic Injury Disaster Loan?
- § 123.503 When can you apply for a Military Reservist EIDL?
- § 123.504 How do you apply for a Military Reservist EIDL?
- § 123.505 What if you are both an essential employee and the owner of the small business and you started active service before applying for a Military Reservist EIDL?
- § 123.506 How much can you borrow under the Military Reservist EIDL Program?
- § 123.507 Under what circumstances will SBA consider waiving the $2 million loan limit?
- § 123.508 How can you use Military Reservist EIDL funds?
- § 123.509 What can't you use Military Reservist EIDL funds for?
- § 123.510 What if you don't use your Military Reservist EIDL funds as authorized?
- § 123.511 How will SBA disburse Military Reservist EIDL funds?
- § 123.512 What is the interest rate on a Military Reservist EIDL?
- § 123.513 Does SBA require collateral on its Military Reservist EIDL?
- § 123.700 What is the Immediate Disaster Assistance Program?
- § 123.701 What is the application procedure for an IDAP loan?
- § 123.702 What are the eligibility requirements for an IDAP loan?
- § 123.703 What are the terms of an IDAP loan?
- § 123.704 Are there restrictions on how IDAP loan funds may be used?
- § 123.705 Are there any fees associated with IDAP loans?
- § 123.706 What are the requirements for IDAP Lenders?
- § 123.800 Purpose.
- § 123.801 Definitions.
- § 123.802 Scope and applicability.
- § 123.803 Federal preemption.
- § 123.804 Supersession of State or Local Requirements.
- § 123.805 Certifications as to State and Local Compliance.
- § 123.806 Interference with SBA Disaster Loan Usage.
- § 123.807 Severability.
- § 123.808 Applicability date.