SBA Disaster Loans for Mescalero Apache Tribe Businesses and Residents

SBA Newsroom

Published March 24th, 2026

Detected March 24th, 2026

Summary

The U.S. Small Business Administration (SBA) is reminding eligible businesses, nonprofits, and residents in New Mexico of the April 24 deadline to apply for low-interest federal disaster loans for physical damage caused by severe storms, flooding, and landslides in June-August 2025. The Mescalero Apache Tribe is included in the disaster declaration.

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What changed

The U.S. Small Business Administration (SBA) has issued a reminder regarding the availability of low-interest federal disaster loans for physical damage resulting from severe storms, flooding, and landslides that occurred between June 23 and August 5, 2025. This declaration specifically includes the Mescalero Apache Tribe. Businesses and nonprofits can apply for loans up to $2 million to repair or replace damaged assets, while homeowners and renters can apply for up to $100,000 for personal property and up to $500,000 for primary residence repairs. The SBA is also offering Economic Injury Disaster Loans (EIDL) for eligible small businesses and private nonprofits impacted by financial losses, with loan amounts up to $2 million.

Eligible entities and individuals must apply for physical damage loans by April 24, 2026, with a 60-day grace period for acceptance. Applications for economic injury loans are due by November 23, 2026. Applicants can apply online via the SBA website, by phone, or email. Loan terms can extend up to 30 years, with interest rates as low as 2.813% for homeowners and renters and 4% for businesses. Interest and payments are deferred for 12 months from the initial disbursement.

What to do next

Submit physical damage loan applications by April 24, 2026.
Submit economic injury loan applications by November 23, 2026.
Visit sba.gov/disaster or contact SBA Customer Service for application details.

Source document (simplified)

Disaster news release
NM-20020-02

SBA Relief Still Available to Mescalero Apache Tribe Businesses, Nonprofits, and Residents Affected by Adverse Weather

Deadline to apply for physical damage loans approaching Published on

March 24, 2026

by Office of Disaster Recovery & Resilience WASHINGTON — The U.S. Small Business Administration (SBA) is reminding eligible businesses, nonprofits, and residents in New Mexico of the April 24 deadline to apply for low interest federal disaster loans to offset physical damage caused by severe storms, flooding and landslides occurring June 23 – Aug. 5, 2025.

The disaster declaration includes the Mescalero Apache Tribe.

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.

Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

Applicants may also be eligible for a loan increase of up to 20% of their physical damage, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include strengthening structures to protect against high wind damage, upgrading to wind rated garage doors, and installing a safe room or storm shelter to help protect property and occupants from future damage.

“Through a rural declaration, SBA provides financial assistance to help rural communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We offer disaster loans to homeowners, renters, businesses and private nonprofits affected by the disaster.”

SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP) organizations impacted by 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.

The loan amount can be up to $2 million with interest rates as low as 4% for businesses, 3.625% for PNPs and 2.813% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and monthly payments are not due until 12 months from the date of the initial disbursement. The SBA determines eligibility and 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 filing deadline to return physical damage applications is April 24. However, after the deadline has passed, there is a 60-day grace period in which SBA will accept applications. The deadline to return economic injury applications is Nov. 23.

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