Louisiana Storm Victims Get Loan Lifeline from SBA
Published Date: 4/13/2026
Notice
Summary
A severe winter storm hit West Carroll Parish, Louisiana, causing damage from January 23-27, 2026. The government declared it a disaster area, so affected homeowners, businesses, and nonprofits can now apply for low-interest disaster loans to help fix damage or cover economic losses. You’ve got until June 8, 2026, to apply for physical damage loans and until January 8, 2027, for economic injury loans—so don’t wait!
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Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Homeowner Disaster Loan Availability
If you are a homeowner in West Carroll Parish, Louisiana, you can apply for SBA physical disaster loans to repair storm damage from January 23–27, 2026. Physical loan applications are due by June 8, 2026; interest rates listed are 5.750% for homeowners with credit available elsewhere and 2.875% for homeowners without credit available elsewhere.
Business & Nonprofit Physical Loan Terms
Businesses and private non-profit organizations in West Carroll Parish can apply for SBA physical disaster loans for damage from January 23–27, 2026; the physical loan application deadline is June 8, 2026. Interest rates listed are: businesses with credit available elsewhere 8.000% and without credit available elsewhere 4.000%; private non-profit organizations (with or without credit available elsewhere) 3.625%.
Economic Injury (EIDL) Loan Access and Rates
Businesses and small agricultural cooperatives in West Carroll Parish that suffered economic injury from the January 23–27, 2026 storm can apply for SBA Economic Injury Disaster Loans (EIDL) through January 8, 2027. Interest rates listed for economic injury loans are 4.000% for businesses and small agricultural cooperatives without credit available elsewhere and 3.625% for private non-profit organizations without credit available elsewhere.
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