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SBA Offers Low Interest Disaster Loans for Nebraska Drought, Deadline Dec 15

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Summary

The SBA announced Economic Injury Disaster Loans (EIDLs) available to small businesses and private nonprofit organizations in Nebraska and neighboring states experiencing drought conditions beginning April 1. Loans of up to $2 million are available at interest rates as low as 4% for small businesses and 3.625% for nonprofits, with terms up to 30 years. Applications must be submitted by December 15. The declaration covers 88 Nebraska counties and additional counties in Colorado, Kansas, South Dakota, and Wyoming.

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What changed

The SBA has made Economic Injury Disaster Loans available to small businesses and private nonprofits in drought-affected counties across Nebraska and bordering states. Eligible applicants may receive loans up to $2 million at preferential rates, with no interest accruing and no payments due until 12 months after the first loan disbursement. Agricultural producers, farmers, and ranchers are excluded from these loans except for small aquaculture enterprises.

Affected small businesses and nonprofits in the covered counties should prepare financial documentation to support their loan applications. Applications submitted after the December 15 deadline will not be accepted, so applicants should begin gathering required materials well in advance. SBA's Customer Service Center at (800) 659-2955 and email disastercustomerservice@sba.gov are available for application assistance.

Archived snapshot

Apr 24, 2026

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Disaster news release
NE-20020-01

SBA Offers Relief to Nebraska Small Businesses and Private Nonprofits Affected by Drought

Low interest disaster loans now available Published on

April 24, 2026

by Office of Disaster Recovery & Resilience WASHINGTON — The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Nebraska to offset economic losses caused by drought beginning April 1.

The declaration covers the Nebraska counties of Adams, Antelope, Arthur, Banner, Blaine, Boone, Box Butte, Boyd, Brown, Buffalo, Butler, Cedar, Chase, Cherry, Cheyenne, Clay, Colfax, Cuming, Custer, Dakota, Dawes, Dawson, Deuel, Dixon, Dodge, Dundy, Fillmore, Franklin, Frontier, Furnas, Garden, Garfield, Gosper, Grant, Greeley, Hall, Hamilton, Harlan, Hayes, Hitchcock, Holt, Hooker, Howard, Kearney, Keith, Keya Paha, Kimball, Knox, Lancaster, Lincoln, Logan, Loup, Madison, McPherson, Merrick, Morrill, Nance, Nuckolls, Perkins, Phelps, Pierce, Platte, Polk, Red Willow, Rock, Saline, Saunders, Scotts Bluff, Seward, Sheridan, Sherman, Sioux, Stanton, Thomas, Thurston, Valley, Wayne, Webster, Wheeler, and York, as well as the Colorado counties of Logan, Phillips, Sedgwick, Weld, and Yuma, and the Kansas counties of Cheyenne, Decatur, Norton, and Rawlins, and the South Dakota counties of Bennett, Bon Homme, Charles Mix, Clay, Fall River, Gregory, Oglala Lakota, Todd, Tripp, Union, and Yankton, and the Wyoming counties of Goshen, Laramie, and Niobrara.

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs — including faith‑based organizations — with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills which could not be paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs with terms of up to 30 years. Interest does not accrue, and payments are not due, until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Submit completed loan applications to SBA no later than Dec. 15.

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

Related programs: Disaster

Media contacts

Corey Williams Email corey.williams@sba.gov Phone 916-735-1500

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Last updated

Classification

Agency
SBA
Published
April 24th, 2026
Compliance deadline
December 15th, 2026 (235 days)
Instrument
Notice
Branch
Executive
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Small businesses Nonprofits Agricultural firms
Industry sector
9211 Government & Public Administration
Activity scope
Disaster loan applications Economic injury loans Working capital financing
Geographic scope
United States US

Taxonomy

Primary area
Financial Services
Operational domain
Finance
Topics
Banking Government Contracting

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