Washington Drought Relief Loans, Deadline May 26
Summary
The SBA is reminding eligible small businesses and private nonprofit organizations in Washington of the May 26 deadline to apply for low-interest federal disaster loans through the Economic Injury Disaster Loan (EIDL) program. The disaster declaration, triggered by a drought beginning July 29, 2025, covers ten Washington counties (Benton, Clallam, Grays Harbor, Island, Jefferson, Kitsap, Klickitat, Mason, Skamania, and Yakima) and five Oregon counties (Gilliam, Hood River, Morrow, Sherman, and Wasco). EIDLs of up to $2 million are available at 4% for small businesses and 3.625% for PNPs, with terms up to 30 years, no interest accrual, and no payments due until 12 months from first disbursement.
“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.”
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What changed
The SBA issued a disaster relief announcement reminding small businesses and private nonprofits in specified Washington and Oregon counties of the approaching May 26 deadline to apply for Economic Injury Disaster Loans following a drought declaration by the U.S. Secretary of Agriculture.
Affected small businesses, agricultural cooperatives, nurseries, and PNPs—including faith-based organizations—with financial losses directly related to the drought should submit completed loan applications by May 26 to access working capital loans up to $2 million. The program excludes agricultural producers, farmers, and ranchers except for small aquaculture enterprises. A 60-day grace period applies after the deadline for late applications.
Archived snapshot
Apr 28, 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
WA-20023-02
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 27, 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 26 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought beginning July 29, 2025.
The disaster declaration covers the Washington counties of Benton, Clallam, Grays Harbor, Island, Jefferson, Kitsap, Klickitat, Mason, Skamania, and Yakima, as well as the Oregon counties of Gilliam, Hood River, Morrow, Sherman, and Wasco.
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 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 26. 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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