Massachusetts Businesses Get Blizzard Disaster Loans
Published Date: 6/18/2026
Notice
Summary
Massachusetts businesses hit by the February 2026 blizzard can now apply for special low-interest disaster loans to help recover from economic losses. This includes certain counties in Massachusetts and nearby Rhode Island, with applications open until March 12, 2027. These loans offer a financial boost to get small businesses and nonprofits back on their feet fast!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Disaster Loans Available to Affected Businesses
If your small business or small agricultural cooperative was hurt by the blizzard that struck February 22–27, 2026, you may apply for an Economic Injury Disaster Loan (EIDL). Eligible areas include the primary counties Barnstable, Bristol, Dukes, and Plymouth, plus contiguous counties in Massachusetts (Nantucket, Norfolk, Suffolk) and Rhode Island (Bristol, Newport, Providence). Apply through the SBA Loan Portal at https://lending.sba.gov or in announced local locations before the application deadline on March 12, 2027.
Specified Low Interest Rates for Disaster Loans
The SBA set the interest rate for EIDLs at 4.000% for businesses and small agricultural cooperatives that have no credit available elsewhere, and 3.625% for private non-profit organizations that have no credit available elsewhere. These rates apply to loans under this Economic Injury Disaster Loan declaration (Disaster Number 216450).
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