Hilo Fire Ignites SBA Loans for Hawaiian Businesses
Published Date: 4/7/2026
Notice
Summary
Hawaii’s small businesses and nonprofits hit by the Downtown Hilo fire can now apply for special low-interest disaster loans to help recover. This Economic Injury Disaster Loan program started April 3, 2026, and applications are open until January 4, 2027. If you’re in Hawaii or nearby counties, this is your chance to get financial help and bounce back stronger!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Low‑Interest EIDLs for Hawaii Small Businesses
If you run a small business or small agricultural cooperative in Hawaii, you can apply for an Economic Injury Disaster Loan (EIDL) declared for the Downtown Hilo fire. Applications opened April 3, 2026 and are accepted through January 4, 2027 via the MySBA Loan Portal; eligible businesses without credit available elsewhere may receive loans at a 4.000 percent interest rate.
Low‑Interest EIDLs for Private Nonprofits
Private nonprofit organizations in the areas affected by the Downtown Hilo fire can apply for Economic Injury Disaster Loans. Applications are available through the MySBA Loan Portal from April 3, 2026 until January 4, 2027, and private nonprofits without credit available elsewhere are eligible for loans at a 3.625 percent interest rate.
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