2026-07732NoticeWallet

Hawaiian Havoc: Storms Trigger Federal Disaster Loan Aid

Published Date: 4/21/2026

Notice

Summary

Hawaii got hit hard by storms, floods, landslides, and mudslides from March 10-24, 2026, and the President declared it a major disaster on April 7. This means folks and businesses in Honolulu, Hawaii, and Maui can apply for low-interest disaster loans to help rebuild, with deadlines in June 2026 and January 2027. If you’re affected, now’s the time to grab financial help and get back on your feet!

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Analyzed Economic Effects

5 provisions identified: 5 benefits, 0 costs, 0 mixed.

Homeowner Disaster Loan Help

If you own your home and were affected by the March 10–24, 2026 storms in the listed Hawaii counties, you can apply for SBA physical disaster loans. Physical loan applications are due by June 10, 2026; interest rates are 5.750% if you have credit available elsewhere and 2.875% if you do not.

Business Physical Damage Loans

If your small business was damaged by the March 10–24, 2026 storms in the listed Hawaii counties, you can apply for SBA physical disaster loans by June 10, 2026. Interest rates are 8.000% for businesses with credit available elsewhere and 4.000% for those without credit available elsewhere.

Private Nonprofit Physical Damage Loans

Private nonprofit organizations in the disaster area can apply for SBA physical disaster loans by June 10, 2026. The interest rate shown for private nonprofit organizations is 3.625% (both with and without credit available elsewhere).

Economic Injury (EIDL) Loans for Businesses

Businesses and small agricultural cooperatives in the declared primary counties (and certain contiguous counties for EIDL only) may apply for Economic Injury Disaster Loans (EIDL) by January 7, 2027. The interest rate for businesses and small agricultural cooperatives without credit available elsewhere is 4.000%.

EIDL Availability for Private Nonprofits

Private nonprofit organizations in the affected areas may apply for Economic Injury Disaster Loans by January 7, 2027. The interest rate listed for private nonprofit organizations without credit available elsewhere is 3.625%. Note: Kalawao and Kauai are listed as contiguous counties eligible for EIDL only.

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Key Dates

Effective Date
Published Date
4/7/2026
4/21/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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