Feds Declare Disaster Aid for Texas Tornado Damage Recovery
Published Date: 5/12/2026
Notice
Summary
Texas got hit hard by storms and tornadoes from April 24 to May 1, 2026, and now the government is stepping in with disaster loans to help folks and businesses bounce back. If you live in Parker, Wise, or nearby counties, you can apply for low-interest loans to fix damage or cover lost income. Act fast—physical damage loan applications close July 6, and economic injury loans are available until February 8, 2027.
Analyzed Economic Effects
5 provisions identified: 5 benefits, 0 costs, 0 mixed.
Homeowner Disaster Repair Loans
If you are a homeowner in the declared Texas disaster area, you can apply for SBA physical damage loans to repair storm or tornado damage. The interest rate is 5.750% for homeowners with credit available elsewhere and 2.875% for homeowners without credit available elsewhere; physical loan applications must be filed by July 6, 2026.
Small Business Physical Damage Loans
Small businesses in the declared Texas disaster area may apply for SBA physical damage loans to repair damage from the April 24–May 1, 2026 storms. The interest rate is 8.000% for businesses with credit available elsewhere and 4.000% for businesses without credit available elsewhere; physical loan applications must be filed by July 6, 2026.
Economic Injury (EIDL) Loans for Businesses
Businesses and small agricultural cooperatives in the declared Texas disaster area can apply for Economic Injury Disaster Loans (EIDL) for working capital losses from the storms; the interest rate listed for businesses and small agricultural cooperatives without credit available elsewhere is 4.000%. EIDL applications are available through February 8, 2027.
Private Nonprofit Disaster Loan Availability
Private nonprofit organizations in the declared Texas disaster area can apply for SBA physical damage loans and EIDL; the interest rate shown is 3.625% (both for physical damage and for economic injury without credit available elsewhere). Physical loan applications must be filed by July 6, 2026 and EIDL applications by February 8, 2027.
How to Apply and Contact Help
Affected applicants should use the MySBA Loan Portal at https://lending.sba.gov to apply or apply in person at locally announced locations. For assistance contact the SBA disaster assistance customer service center at 1-800-659-2955, email [email protected], or dial 7-1-1 for telecommunications relay services if deaf, hard of hearing, or speech disabled.
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
2026-16558, Administrative Declaration of an Economic Injury Disaster for the State of Arizona
This is notice of an Economic Injury Disaster Loan (EIDL) declaration for the state of Arizona dated August 11, 2026. Incident: Pocket Fire.
2026-16611, Regulatory Agenda
This Regulatory Agenda (Agenda) is a summary of current and projected rulemakings and completed actions of the U.S. Small Business Administration (SBA). This summary information is intended to enable the public to be more aware of, and effectively participate in, SBA's regulatory activities. Accordingly, SBA invites the public to submit comments on any aspect of this Agenda.
2026-16554, Presidential Declaration Amendment of a Major Disaster for the State of Louisiana
This is an amendment of the Presidential declaration of a major disaster for the State of Louisiana (FEMA-4927-DR), dated June 30, 2026. Incident: Tropical Storm Arthur.
2026-16509, Presidential Declaration Amendment of a Major Disaster for the State of West Virginia
This is an amendment of the Presidential declaration of a major disaster for the State of West Virginia (FEMA-4932-DR), dated August 3, 2026. Incident: Severe Storms, Straight-line Winds, Tornadoes, Flooding, Landslides, and Mudslides.
2026-16551, Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Louisiana
This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Louisiana (FEMA-4927-DR), dated June 30, 2026. Incident: Tropical Storm Arthur.
2026-16293, Administrative Declaration of a Disaster for the State of Illinois
This is notice of an Administrative declaration of a disaster for the state of Illinois dated August 5, 2026. Incident: Severe Storms.
Previous / Next Documents
Previous: 2026-09380, Notice of Effectiveness of Exempt Wholesale Generator and Foreign Utility Company Status
In April 2026, several energy companies officially got special status as Exempt Wholesale Generators or Foreign Utility Companies, meaning they can operate with fewer rules. This change affects a mix of U.S. and international energy players, helping them move faster and possibly save money. The new status is already in effect, so these companies can start enjoying the benefits right away!
Next: 2026-09388, Qualification of Drivers; Exemption Applications; Hearing
The FMCSA is considering requests from 11 people who are hard of hearing or deaf to be allowed to drive big trucks across state lines without meeting the usual hearing rules. If approved, these drivers can work interstate, opening new job chances without extra costs or delays. You’ve got until June 11, 2026, to share your thoughts on this important change!