Disaster Relief Loans for New Hampshire Small Businesses and Nonprofits Affected by Extreme Moisture
Summary
The SBA announced Economic Injury Disaster Loans (EIDL) for small businesses and private nonprofits in 9 New Hampshire counties and 3 Massachusetts counties that sustained economic losses from extreme moisture (May 1-June 18, 2025). Loans up to $2 million are available at 4% for small businesses and 3.625% for nonprofits, with terms up to 30 years. Agricultural producers are excluded except aquaculture enterprises.
What changed
The SBA activated its Economic Injury Disaster Loan program following a disaster declaration by the U.S. Secretary of Agriculture for extreme moisture conditions affecting New Hampshire counties of Belknap, Carroll, Cheshire, Grafton, Hillsborough, Merrimack, Rockingham, Strafford and Sullivan, plus Massachusetts counties of Essex, Middlesex and Worcester. The declaration covers economic losses occurring May 1 through June 18, 2025. Eligible small businesses, small agricultural cooperatives, nurseries, and private nonprofits may receive loans up to $2 million with interest rates starting at 4% for businesses and 3.625% for nonprofits, with repayment terms up to 30 years.
Affected small businesses and private nonprofits should submit applications by November 19, 2026 through sba.gov/disaster, by calling (800) 659-2955, or via email. The loans can cover working capital needs including fixed debts, payroll, and accounts payable. Agricultural producers, farmers, and ranchers are not eligible except for aquaculture operations. This announcement provides financial assistance pathways rather than imposing new compliance obligations.
What to do next
- Identify whether your business or nonprofit is located in an eligible county and suffered economic losses from extreme moisture between May 1-June 18, 2025
- Apply for EIDL if eligible by the November 19, 2026 deadline at sba.gov/disaster or by calling (800) 659-2955
- Note that loans may be used for working capital needs including fixed debts, payroll, and accounts payable
Source document (simplified)
Disaster news release
NH-20013-01
SBA Offers Disaster Relief to New Hampshire Small Businesses and Private Nonprofits Affected by Extreme Moisture
Low interest disaster loans now available Published on
March 31, 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 New Hampshire who sustained economic losses caused by the extreme moisture occurring May 1 through June 18, 2025.
The disaster declaration covers the New Hampshire counties of Belknap, Carroll, Cheshire, Grafton, Hillsborough, Merrimack, Rockingham, Strafford and Sullivan, as well as Massachusetts counties of Essex, Middlesex and Worcester.
Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for 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 not 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 up to 30 years. Interest does not accrue, and payments are not due until 12 months from 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.
The deadline to return economic injury applications is Nov. 19.
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
Karen Knapik Email karen.knapik@sba.gov Phone 404-331-0318
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