Available to both for-profit and non-profit businesses a BPDL is a long-term, low rate loan which may be used to repair or replace property damaged by a natural disaster, but only where that property is not already covered by insurance. Interest rate is set based upon the availability of alternate forms of credit. If alternative financing is available, the interest rate will be 8% and 4% if no other forms of financing can be obtained.

Note: Initial disbursement: $25,000. Total loan amount is based upon insurance coverage and construction progress.