Blog

We keep you up to date on the latest tax changes and news in the industry.

Hurricane Ian SBA Disaster Assistance

Article Highlights:

  • Counties that Qualify For Loans

  • Application Deadlines

  • Types of Disaster Loans

  • Interest Rates

  • Hurricane Ian Disaster Fact Sheet

  • Application Assistance

The Small Business Administration (SBA) provides disaster assistance for homeowners, renters, nonprofits, and businesses of all sizes affected by Hurricane Ian.

Caution: The following list of qualifying counties is preliminary and can change as damage assessments are concluded.

Florida Areas Eligible for SBA Disaster Loans - In the Florida counties of: Charlotte, Collier, DeSoto, Hardee, Hillsborough, Lee, Manatee, Pinellas, and Sarasota.

For Economic Injury Only Loans: in the contiguous Florida counties of: Broward, Glades, Hendry, Highlands, Miami-Dade, Monroe, Pasco, and Polk.

Application Filing Deadlines:

  • Physical damage: November 28, 2022

  • Economic injury: June 29, 2023

Types of available disaster loans:

  • Home Disaster Loans – Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.

  • Business Physical Disaster Loans – Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.

  • Economic Injury Disaster Loans (EIDL) – Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.

Interest Rates:

LOAN INTEREST RATES

Physical Damage Loans

Home Owners

With Credit Available Elsewhere

4.375%

Without Credit Available Elsewhere

2.188%

Businesses

With Credit Available Elsewhere

6.080%

Without Credit Available Elsewhere

3.040%

Non-Profits

With Credit Available Elsewhere

1.875%

Without Credit Available Elsewhere

1.875%

Economic Injury Loans

Businesses & Small Agricultural Cooperatives

Without Credit Available Elsewhere

3.040%

Non-Profit Organizations

Without Credit Available Elsewhere

1.875%

More detailed information can be found in the Hurricane Ian disaster fact sheet.

Get help with your application

Applicants are encouraged to apply online for a disaster loan. Please call the SBA at 800‐659‐2955 if you have any loan questions.

For any disaster related tax issues please give this office.

Share this article...

Sign up for our newsletter.

Each month, we will send you a roundup of our latest blog content covering the tax and accounting tips & insights you need to know.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .

We care about the protection of your data.

General Questions PracticeBot to answer genral FAQs
We would love to make sure we can answer any commonly asked questions or direct to the right place.
Please fill out the form and our team will get back to you shortly The form was sent successfully