Assumption of Loan Requirement Letter for disaster loan servicing action request packages. About this document and download.Fortunately for borrowers, SBA loans, including the SBA 7(a) loan, are fully assumable with SBA approval. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage. The terms of the assumption must not include a real estate contract, i.e. , the seller may not retain title to the property until an agreed upon amount is paid. The company owns all of the homes and they got SBA to help purchase two of their houses. It really depends on the business and use of the home. The SBA offers lowinterest loans that provide the funds necessary to repair, rebuild and recover.