SBA Disaster Loans Available for Washington Drought-Affected Businesses
Summary
The SBA published a news release reminding eligible small businesses and private nonprofits in Washington of the May 4 deadline to apply for Economic Injury Disaster Loans due to drought beginning July 8, 2025. The disaster declaration covers seven Washington counties and three Oregon counties. Loans up to $2 million are available at interest rates as low as 4% for businesses and 3.625% for nonprofits, with repayment not required until 12 months after the first disbursement.
What changed
The SBA announced that Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, nurseries, and private nonprofits impacted by drought conditions starting July 8, 2025. The disaster declaration covers Washington counties of Clark, Cowlitz, Klickitat, Lewis, Skamania, Wahkiakum, and Yakima, as well as Oregon counties of Columbia, Hood River, and Multnomah. Loans of up to $2 million carry rates of 4% for businesses and 3.625% for nonprofits with terms up to 30 years.
Eligible entities must submit completed applications by May 4, 2026, though a 60-day grace period follows the deadline. Applications may be filed online at sba.gov/disaster, by calling (800) 659-2955, or via email to disastercustomerservice@sba.gov. Agricultural producers, farmers, and ranchers are excluded except for small aquaculture enterprises.
What to do next
- Submit completed EIDL applications by May 4, 2026 to SBA via sba.gov/disaster, phone (800) 659-2955, or email disastercustomerservice@sba.gov
- Verify eligibility - loans are available to small businesses, small agricultural cooperatives, nurseries, and private nonprofits; agricultural producers and ranchers are not eligible
- Prepare financial documentation to demonstrate economic injury caused by the drought disaster
Source document (simplified)
Disaster news release
WA-20020-02
SBA Relief Still Available to Washington Small Businesses and Private Nonprofits Affected by Drought
Deadline to apply for economic injury loans approaching Published on
April 3, 2026
by Office of Disaster Recovery & Resilience WASHINGTON — The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in Washington of the May 4 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought beginning July 8, 2025.
The disaster declaration covers the Washington counties of Clark, Cowlitz, Klickitat, Lewis, Skamania, Wahkiakum and Yakima as well as the Oregon counties of Columbia, Hood River and Multnomah.
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 impacted by 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 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.
Submit completed loan applications to the SBA no later than May 4. However, after the deadline has passed, there is a 60-day grace period in which SBA will accept applications.
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
Named provisions
Related changes
Source
Classification
Who this affects
Taxonomy
Browse Categories
Get Government & Legislation alerts
Weekly digest. AI-summarized, no noise.
Free. Unsubscribe anytime.
Get alerts for this source
We'll email you when SBA Newsroom publishes new changes.