Rhode Island Businesses Eligible for Snowstorm Disaster Loans
Published Date: 6/15/2026
Notice
Summary
Rhode Island businesses hit by the historic snowstorm from February 22-24, 2026, can now apply for special low-interest disaster loans to help recover. This includes companies in nearby counties of Rhode Island, Connecticut, and Massachusetts. Applications are open until March 10, 2027, so don’t miss your chance to get financial help and bounce back stronger!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Disaster Loans for Businesses Hit by Snowstorm
If your business was hurt by the historic snowstorm from February 22–24, 2026, and is located in the listed primary or contiguous counties, you can apply for an Economic Injury Disaster Loan (EIDL) via the MySBA Loan Portal (https://lending.sba.gov). Applications may be submitted until March 10, 2027; the declaration was issued June 10, 2026.
Specified Low Interest Rates for Eligible EIDL Borrowers
Eligible applicants without credit available elsewhere may receive EIDLs at the stated interest rates: business and small agricultural cooperatives at 4.000% and private non-profit organizations at 3.625%. The disaster number for economic injury is 216400.
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