Tennessee Storm Victims Get SBA Loan Lifeline Extended
Published Date: 2/18/2026
Notice
Summary
A major disaster was declared for Tennessee after a severe winter storm hit from January 22-27, 2026. This declaration helps local nonprofits get low-interest loans to fix damage and recover, with physical damage loan applications due by April 7 and economic injury loans by November 6. If you’re in one of the affected counties, now’s the time to apply and get the support you need!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Low-Interest Physical Damage Loans
If you run a private non-profit that provides essential government-like services in one of the listed Tennessee counties (Cheatham, Chester, Clay, Davidson, Hardin, Henderson, Hickman, Lewis, Macon, McNairy, Perry, Sumner, Trousdale, Wayne, Williamson), you may apply for SBA physical disaster loans to repair damage from the January 22–27, 2026 storm. The loan interest rate is 3.625% and physical damage loan applications are due by April 7, 2026; apply at https://lending.sba.gov.
Economic Injury Disaster Loans (EIDL)
Private non-profit organizations providing essential services in the same listed Tennessee counties can apply for Economic Injury Disaster Loans (EIDL) for losses from the January 22–27, 2026 storm. The EIDL interest rate is 3.625% and economic injury loan applications are due by November 6, 2026; apply via the MySBA Loan Portal at https://lending.sba.gov.
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