Spring-2026 Small Business Administration Disaster Relief

WASHINGTON — The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for Indiana businesses, private nonprofits, and residents affected by severe storms and tornadoes occurring on March 10-11. The SBA issued a disaster declaration in response to a request received from Gov. Mike Braun on April 7.

The declaration covers the Indiana counties of Benton, Jasper, Lake, LaPorte, Newton, Porter, Pulaski, Starke, and White as well as the Illinois counties of Iroquois and Kankakee which are eligible for both Physical Damage Loans and Economic Injury Disaster Loans (EIDLs) from the SBA.

Businesses and private 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.

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 applications for physical property damage is June 8. The deadline to return economic injury applications is Jan. 11, 2027.

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