In case of a disaster, businesses and home owners can apply for a small business loans. The SBA says homeowners can borrow up to $200,000 to repair or replace their residence, and business owners may borrow up to $2 million.

But it is very important fill out the forms required.

"FEMA when they send us the notification to send those forms out, they actually tend to slow down their process or some parts of it or can't move forward until the home loan has been either declined or approved by the SBA," said SBA communication specialist Gary Colton.

Colton says in order to get a FEMA grant people must first fill out an SBA application.

"In the disaster world SBA is really the lender for the government, and we become the primary source for recovery and disaster," Colton said.

17 counties in Missouri were designated disaster areas by the SBA. Lenders can choose to apply online, request a hard copy application or visit the disaster recovery center at the Callaway County sheriff's office in Fulton for one-on-one help.