The SBA Disaster Loan is a financial assistance program offered by the Small Business Administration to help businesses and homeowners recover from disasters. These loans provide funds to repair or replace damaged property, equipment, and inventory, ensuring that affected individuals can rebuild and continue their operations. Eligible applicants can receive low-interest loans with flexible repayment terms. The program is designed for those impacted by natural disasters, such as hurricanes, floods, and wildfires. By offering this support, the SBA aims to promote economic recovery in communities affected by such events.