SBA Disaster Loans Available to Oregon Drought-Affected Small Businesses and Nonprofits
Summary
The SBA announced a May 8 deadline for Economic Injury Disaster Loan applications from Oregon small businesses and private nonprofits impacted by drought beginning July 15, 2025. Loans up to $2 million are available at rates as low as 4% for businesses and 3.625% for nonprofits, with terms up to 30 years and no payments due for 12 months from first disbursement.
What changed
The SBA issued a disaster relief announcement for Oregon counties affected by drought, making Economic Injury Disaster Loans available to eligible small businesses and private nonprofit organizations. The loan program offers up to $2 million at interest rates starting at 4% for businesses and 3.625% for nonprofits, with repayment terms extending up to 30 years and no interest accruing until 12 months after first loan disbursement.
Affected small businesses and nonprofits in 23 Oregon counties and 2 Washington counties should apply before the May 8 deadline. While the program excludes agricultural producers, farmers, and ranchers (except small aquaculture operations), it covers small agricultural cooperatives, nurseries, and faith-based organizations. A 60-day grace period follows the deadline for late applications.
What to do next
- Apply for SBA Economic Injury Disaster Loans by May 8 deadline
- Submit completed applications via sba.gov/disaster, phone (800) 659-2955, or email disastercustomerservice@sba.gov
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Disaster news release
OR-20018-02
SBA Relief Still Available to Oregon Small Businesses and Private Nonprofits Affected by Drought
Deadline to apply for economic injury loans approaching Published on
April 8, 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 Oregon of the May 8 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought beginning July 15, 2025.
The disaster declaration covers the Oregon counties of Baker, Benton, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Grant, Harney, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Malheur, Morrow, Umatilla, Union, Wasco and Wheeler as well as the Washington counties of Benton and Klickitat.
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 8. 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
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