SBA Declares Washington Storm Damage a Disaster Zone
Published Date: 2/27/2026
Notice
Summary
Washington state got hit hard by severe winter storms in December 2025, and now the government has declared it a disaster area. This means people and businesses in affected counties can apply for low-interest disaster loans to help fix damage or cover lost income. You’ve got until April 27, 2026, to apply for physical damage loans and until November 24, 2026, for economic injury loans—so don’t wait!
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
Homeowner Disaster Loans Available
If you own a home in Washington affected by the December 5–22, 2025 storms, you can apply for an SBA physical disaster loan to repair damage. The application deadline for physical damage loans is April 27, 2026; interest rates are 5.750% if you have credit available elsewhere and 2.875% if you do not.
Small Business Physical Damage Loans
Businesses in Washington impacted by the December 5–22, 2025 storms can apply for SBA physical disaster loans to repair property damage. The physical loan application deadline is April 27, 2026; interest rates are 8.000% if credit is available elsewhere and 4.000% if it is not.
Economic Injury (EIDL) Loans for Businesses
Businesses and small agricultural cooperatives in Washington may apply for SBA Economic Injury Disaster Loans (EIDL) to cover lost working capital; the EIDL application deadline is November 24, 2026. Interest rates are 4.000% for businesses/cooperatives without credit available elsewhere.
Private Nonprofit Organizations Eligible
Private nonprofit organizations in Washington impacted by the December 5–22, 2025 storms can apply for SBA physical and economic injury disaster loans. Interest rates for private nonprofit organizations are 3.625% (both with and without credit available elsewhere); physical loans must be applied for by April 27, 2026 and EIDLs by November 24, 2026.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2025-02741, HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction
The SBA fixed some small but important mistakes in its recent HUBZone and small business program rules to make things clearer and fairer. These corrections affect small businesses using HUBZone and other SBA programs, especially around size protests and financial reporting. The fixes take effect on February 18, 2025, helping businesses avoid confusion and unnecessary paperwork.
2026-20080, Interest Rates
The Small Business Administration set the Optional Peg Rate at 5.00% for October to December 2026, which affects SBA direct and guaranteed fluctuating interest rate loans. Third Party Lenders funding 504 projects must keep their commercial loan rates within legal limits, capped at 6% above the New York Prime rate or state law limits. These changes help small businesses plan their loan costs for the upcoming quarter.
2026-19941, Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Indiana
The President has updated the disaster declaration for Indiana after severe storms, tornadoes, and flooding in August 2026. This change adds more counties to the list eligible for public assistance, helping more communities get support. If you’re affected, you can apply for disaster loans by October 25, 2026, for physical damage, or by May 25, 2027, for economic injury.
2026-19942, Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Texas
Texas is getting extra help after severe storms, tornadoes, and flooding hit from July 12 to August 4, 2026. The government added four more counties to the disaster assistance list, so more communities can apply for aid. If you’re affected, you have until November 2, 2026, to apply for physical damage loans and until June 1, 2027, for economic injury loans.
2026-19943, Presidential Declaration Amendment of a Major Disaster for the State of Indiana
Indiana’s disaster declaration just got bigger! Three more counties—Cass, Pike, and Putnam—can now apply for physical and economic disaster loans, while five nearby counties get access to economic injury loans. If you’re affected, act fast: physical loan applications close October 25, 2026, and economic injury loans are open until May 25, 2027.
2026-19851, Administrative Declaration of a Disaster for the State of NEW YORK
New York got hit by big storms and flooding from July 28-29, 2026, and now the government says it’s an official disaster. People and businesses in certain counties can apply for low-interest loans to fix damage or cover lost income. You’ve got until November 23, 2026, for physical damage loans and June 24, 2027, for economic injury loans—so don’t wait!
Previous / Next Documents
Previous: 2026-03915, Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Proposed Rule Change by The Options Clearing Corporation Concerning a Change in Types of Acceptable Collateral and an Update To Mitigate Wrong-Way Risk
The Options Clearing Corporation (OCC) is updating its rules to stop accepting two types of rarely used collateral and to better protect itself from risky situations where things could go wrong at the same time. This change affects the financial firms that use OCC to clear their options trades and helps keep the system safer without changing costs right now. The new rules were proposed in February 2026 and are open for public comments before they take effect.
Next: 2026-03917, Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing of Amendment No. 5 and Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Amendment No. 5, To Amend the Position and Exercise Limits for IBIT Options
Nasdaq ISE wants to raise the limits on how many iShares Bitcoin Trust (IBIT) options traders can hold and exercise—up to 1 million contracts! This change affects investors trading these Bitcoin-related options and could mean bigger moves in the market. The SEC is now reviewing the latest amendment and will decide soon whether to approve or reject this update.