# 2025-23887: Minnesota Tower Fire Sparks Federal Loan Lifeline

2025-23887, Administrative Declaration of a Disaster for the State of Minnesota, is a Federal Register notice from Small Business Administration published 2025-12-29, effective 2025-12-22 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-23887
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-23887
- Title: Administrative Declaration of a Disaster for the State of Minnesota
- Type: Notice
- Agencies: Small Business Administration
- Citation: 90 FR 60847
- Published: 2025-12-29
- Effective: 2025-12-22
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Minnesota Tower Fire Sparks Federal Loan Lifeline

## Summary

Minnesota just got hit hard by a big fire and water damage at Skyline Tower Apartments, mainly affecting Ramsey and nearby counties. The government declared it a disaster on December 22, 2025, so folks and businesses can apply for low-interest disaster loans to help fix things up. You’ve got until February 20, 2026, for physical damage loans and September 22, 2026, for economic injury loans—so don’t wait!

## Abstract

This is a notice of an Administrative declaration of a disaster for the State of Minnesota dated December 22, 2025. Incident: Skyline Tower Apartment Complex Fire and Severe Water Damage.

## Effects PRIA read

- Low‑Interest Physical Repair Loans for Homeowners: benefit, high. If you own a home in the affected areas of Minnesota, you can apply for a low‑interest Physical Disaster Loan to repair fire and water damage. Homeowner loan interest rates are 6.000% if you have credit available elsewhere and 3.000% if you do not; the deadline to apply for physical damage loans is…
- Physical Disaster Loans for Businesses and Nonprofits: benefit, high. If your small business or nonprofit in the affected Minnesota areas suffered fire or water damage, you can apply for a Physical Disaster Loan to repair property. Business loan interest rates are 8.000% if credit is available elsewhere and 4.000% if not; nonprofit rates are listed at 3.625%; the phy…
- Economic Injury (EIDL) Loans Available to Businesses: benefit, high. If your business or small agricultural cooperative in the affected Minnesota areas lost revenue because of the Skyline Tower fire and water damage, you may apply for an Economic Injury Disaster Loan (EIDL). EIDL rates are 4.000% for businesses and cooperatives without credit available elsewhere and…
- How to Apply and Get Help: benefit, low. You can apply for disaster loans online at the MySBA Loan Portal (https://lending.sba.gov). For help, contact the SBA Disaster Assistance Customer Service Center at 1-800-659-2955 or by email at [email protected].

## Related documents

- [2025-02741](https://policyrisk.com/federal-register/2025-02741): HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction, 2025-02-18
- [2026-20667](https://policyrisk.com/federal-register/2026-20667): Presidential Declaration Amendment of a Major Disaster for the State of West Virginia, 2026-10-08
- [2026-20544](https://policyrisk.com/federal-register/2026-20544): Presidential Declaration of a Major Disaster for the State of Ohio, 2026-10-07
- [2026-20548](https://policyrisk.com/federal-register/2026-20548): Administrative Disaster Declaration of a Rural Area for the State of Missouri, 2026-10-07
- [2026-20399](https://policyrisk.com/federal-register/2026-20399): Administrative Declaration of an Economic Injury Disaster for the State of Oregon, 2026-10-06
- [2026-20472](https://policyrisk.com/federal-register/2026-20472): Administrative Declaration of a Disaster for the State of Connecticut, 2026-10-06

## Sources
- [2025-23887 on federalregister.gov](https://www.federalregister.gov/documents/2025/12/29/2025-23887/administrative-declaration-of-a-disaster-for-the-state-of-minnesota)
- [2025-23887 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-12-29/pdf/2025-23887.pdf)

## Related
- [Previous: 2025-23886, Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Fil…](https://policyrisk.com/federal-register/2025-23886)
- [Next: 2025-23888, Agency Information Collection Activities; Submission to the Office of Managemen…](https://policyrisk.com/federal-register/2025-23888)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-23887 (as of 2026-06-08).
