Local Government

SBA opens disaster loans for Dec. storm victims

Monday, July 27, 2026

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The U. S. Small Business Administration (SBA) has opened applications for low-interest disaster loans to help businesses, nonprofits, and residents recover from the December 2025 winter storms that impacted 18 Washington counties.

The SBA announced the availability of loans for physical damage and economic injury, with deadlines of April 27 for physical damage applications and November 24 for economic injury applications. Homeowners can borrow up to $500,000 to repair their primary residence, while businesses may access up to $2 million for property and equipment. The SBA noted that mitigation improvements, such as weather stripping and storm windows, may qualify for a 20% loan increase.

📄 Source: Local Government — https://www.co.chelan.wa.us/news/article/sba-offers-disaster-assistance-to-businesses-private-nonprofits-and-residents-affected-by-december

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The U. S. Small Business Administration (SBA) has opened applications for 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 SBA announced the availability of loans for physical damage and economic injury“The 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 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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Homeowners can borrow up to $500,000 to repair their primary residence“Homeowners may apply for up to $500,000 to replace or repair their primary residence.”
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Businesses may access up to $2 million for property and equipment“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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The SBA noted that mitigation improvements may qualify for a 20% loan increase“Applicants may be eligible for a loan increase of up to 20 percent of their physical damage, as verified by the SBA, for mitigation purposes.”