Comprehensive Business Support from Start to Success
At KBR Consultancy, we guide you through the SBA Loan EIDL programs and provide you the flexibility to select from three tailored loan options. Each option is designed to meet specific needs stemming from disasters. Once you choose the loan that best fits your situation, we will assist you with document preparation and guide you through the application process to ensure a smooth experience.
Loan Options:
Home and Personal Property Loans
Purpose:
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Repair or replace your primary residence or personal property, such as clothing, furniture, vehicles, and appliances, damaged in a disaster.​​
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Key Features:
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Loans up to $500,000 for homeowners, up to $100,000 for renters and homeowners for personal property.
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Up to a 20% loan increase for improvements to prevent future damage.
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Deferred first payment and no interest accrual for 12 months.
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Up to 30 years repayment term, with interest rates not exceeding 4%.​​
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Collateral:
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Loans over $50,000 are required, with real estate as the preferred form.
Business Physical Disaster Loans
Purpose:
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Help businesses recover from disaster-related property damage.​
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Key Features:
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Loans up to $2 million for repairs or replacement of property, machinery, inventory, and more.
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Up to a 20% loan increase for mitigation improvements.
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Deferred first payment and no interest accrual for 12 months.
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Interest rates are up to 4% for businesses without other credit options and up to 8% otherwise.​​
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Collateral:
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Required for loans over $50,000, with real estate as the preferred collateral.
Economic Injury Disaster Loans (SBA Loan EIDL)
Purpose:
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Provide working capital to small businesses and nonprofits unable to meet financial obligations due to a disaster.​
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Key Features:
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Loans to cover operating expenses like rent, utilities, and fixed debts.
Deferred first payment and no interest accrual for 12 months.
Interest rate capped at 4%.
Repayment terms are up to 30 years, based on the ability to repay​​
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Collateral:
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Required for loans over $50,000.
How We Help
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We will assist you in reviewing eligibility and selecting the best loan option for your needs.
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Our team will ensure all required documentation is prepared and submitted promptly.
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We will provide ongoing support throughout the application and approval process.