There are 12 months of payment deferral that are automatically integrated into the disaster loan that starts from the date of the note, but is incurred by interest. For loans over $150,000, Congress requires recipients to agree: the SBA is available to all small businesses in the country and has no overall cap on loans; Each qualified small business can apply for a loan of up to $2 million to support the economic recovery. There is no state border or territory. The SBA offers disaster loans to economic violations, not to banks. Small businesses should apply for disasterloan.sba.gov/ela/.Traditional SBA-based loans are also available. To find an SBA-approved lender, visit www.sba.gov/lendermatch. Lenders often require collateral for small business loans.