# Disaster Assistance Loan Program; Disaster Loan Credit and Collateral Requirements.
> **US Small Business Administration** · Interim Final Rule with request for comments. · Published 2014-04-25 · Effective 2014-04-25 · 79 FR 22859
## Document
- **Document number:** 2014-09183
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 79 FR 22859
- **CFR reference:** 13 CFR 123
- **Publication date:** 2014-04-25
- **Effective date:** 2014-04-25
## Abstract

SBA is amending its disaster loan program regulations in response to Hurricane Sandy Rebuilding Task Force recommendations. One change allows SBA to rely on the disaster loan applicant's credit, including credit score, rather than personal or business cash flow in order to assess repayment ability for those applicants with strong credit. Another change will increase the amount of disaster assistance funds that can be immediately disbursed to borrowers by raising the unsecured threshold for economic injury loans for all disasters and for physical damage loans for major disasters. Both of these changes will enable SBA to provide disaster assistance more quickly and efficiently.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/04/25/2014-09183/disaster-assistance-loan-program-disaster-loan-credit-and-collateral-requirements)
---
*AI Analytics · CC0 1.0*