Every factual claim below was checked against the original public record. Source: original document ↗
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The U. S. Small Business Administration (SBA) has announced low-interest disaster loans“The U.S. Small Business Administration (SBA) announced the availability of low-interest federal disaster loans to Washington businesses, private nonprofits and residents to offset physical and economic losses from the 2025 Severe Winter Storms occurring Dec. 5-22, 2025.”
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The disaster loans are for businesses, private nonprofits, and residents affected by the December 2025 storms“The U.S. Small Business Administration (SBA) announced the availability of low-interest federal disaster loans to Washington businesses, private nonprofits and residents to offset physical and economic losses from the 2025 Severe Winter Storms occurring Dec. 5-22, 2025.”
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The storms affected Wenatchee and surrounding areas“null”
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The SBA declared a disaster in response to a request from Governor Bob Ferguson“The SBA issued a disaster declaration in response to a request received from Gov. Bob Ferguson.”
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The disaster declaration covers 18 Washington counties“The declaration covers the Washington counties of Chelan, Cowlitz, Grays Harbor, Island, King, Kitsap, Kittitas, Lewis, Okanogan, Pacific, Pierce, San Juan, Skagit, Skamania, Snohomish, Thurston, Wahkiakum, Whatcom and Yakima.”
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One of the covered counties is Chelan“The declaration covers the Washington counties of Chelan, Cowlitz, Grays Harbor, Island, King, Kitsap, Kittitas, Lewis, Okanogan, Pacific, Pierce, San Juan, Skagit, Skamania, Snohomish, Thurston, Wahkiakum, Whatcom and Yakima.”
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Wenatchee is located in Chelan“null”
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Businesses can borrow up to $2 million to repair physical damage“Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.”
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Homeowners may borrow up to $500,000 for their primary residence“Homeowners may apply for up to $500,000 to replace or repair their primary residence.”
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The deadline for physical damage applications is April 27“The deadline to return physical damage applications is April 27.”
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The deadline for economic injury applications is November 24“The deadline to return economic injury applications is Nov. 24.”
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Loans have interest rates as low as 2.875 percent“Interest rates are as low as 4 percent for businesses, 3.625 percent for PNPs and 2.875 percent for homeowners and renters with terms up to 30 years.”
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Loans have terms up to 30 years“Interest rates are as low as 4 percent for businesses, 3.625 percent for PNPs and 2.875 percent for homeowners and renters with terms up to 30 years.”
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The SBA encourages affected residents and businesses to apply online at sba.gov/disaster“To apply online, visit sba.gov/disaster.”
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The SBA encourages affected residents and businesses to apply by calling 800-659-2955“Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at 800-659-2955. To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at 800-659-2955 or email [email protected] for more information on SBA disaster assistance.” - ✓
The agency will provide one-on-one assistance at Federal-State Disaster Recovery Centers“As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants.”
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Federal-State Disaster Recovery Centers will open in the affected area“As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants.”