Hawaii Storms Get Presidential Aid Boost: Loans for Nonprofits Now
Published Date: 4/23/2026
Notice
Summary
The President declared a major disaster for Hawaii due to severe storms, flooding, landslides, and mudslides that hit from March 10 to 24, 2026. This declaration helps local nonprofits in Honolulu, Hawaii, and Maui get low-interest disaster loans to recover. Physical damage loan applications are due by June 15, 2026, and economic injury loans by January 7, 2027.
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Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
Physical-Damage Loans for Nonprofits
If you run a private non-profit that provides essential governmental services in the City and County of Honolulu, Hawaii, or Maui, you may apply for SBA disaster loans for physical damage from the severe storms and mudslides that occurred March 10 through March 24, 2026. Physical damage loan applications must be submitted by June 15, 2026 using the MySBA Loan Portal or locally announced locations.
Economic Injury (EIDL) Loans Available
Private non-profit organizations providing essential governmental services in Honolulu, Hawaii, and Maui may apply for Economic Injury Disaster Loans (EIDL) related to the March 10–24, 2026 disaster. Economic injury loan applications must be submitted by January 7, 2027 via the MySBA Loan Portal.
Low 3.625% Interest Rate Applied
The interest rate for eligible private non-profit organizations for both physical damage and economic injury disaster loans is 3.625 percent. This 3.625% rate applies whether or not the non-profit has credit available elsewhere, as listed in the declaration.
How to Apply and Contact Help
You can apply for these disaster loans online at the MySBA Loan Portal (https://lending.sba.gov) or in person at locally announced locations, and SBA help is available by email at [email protected] or by phone at 1-800-659-2955. If you are deaf, hard of hearing, or have a speech disability, use 7-1-1 to access telecommunications relay services.
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