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SBA policy limitations.) SBA also may approve a guarantee of up to 90 per cent of a commercial bank loan to restore disaster damage, in addition to the $500,000 direct loan. The loan may be used to upgrade a business property only when upgrading is required by applicable codes or ordinances. Funds will not normally be provided to increase the size or capacity of any business facility. - LOAN TERMS - Business dis- aster loans may be made for any period up to 30 years, depending upon the amount and type of loan and will bear a 5 per cent interest rate. However, maturities are limited to the period necessary based upon applicant's ability to repay. REFINANCING - When the dis- aster damage is 30 per cent or more of the pre-disaster value, refinancing of business real esta te mortgages may be authorized up to the amount of physical loss sustained on the proper- ty. Refinancing is available only when the property is to be restored or replaced. The amount of refinancing is included in the $500,000 maximum stated above. MAJOR EMPLOYERS - Under Section 237 of the 1970 Disaster Act, SBA may make long-term, Iow- interest loans to non-agricultural enterprises, regardless of size, which are major sources of employment in stricken areas and have substantially ceased operations as a result of a dis- aster. A major source of employment is defined as: . A concern which employed 10 per cent or more of the entire work force of a community not larger than a county; . A concern which employed 10 per cent or more of the total work force in an industry within the major disaster area; or . Any business firm within the major disaster area which employed 1,000 or more people. Proceeds of any such loans may be used to enable such enterprises to resume operations and restore the economy of the area. There is no limitation on the size of loans made under Section 237. The in- 49