Louisiana Parishes Open for Tropical Storm Relief
Published Date: 7/15/2026
Notice
Summary
Louisiana got hit by Tropical Storm Arthur in June 2026, and the President declared it a major disaster to help folks bounce back. People and businesses in certain parishes can now apply for low-interest disaster loans until August 31, 2026, for physical damage, and until March 30, 2027, for economic injury. This means money and support are on the way to rebuild homes, businesses, and communities fast and fair!
Analyzed Economic Effects
5 provisions identified: 5 benefits, 0 costs, 0 mixed.
Homeowner Disaster Loans Available
If your home was damaged by Tropical Storm Arthur in the listed primary parishes (Avoyelles, St. Landry, St. Tammany, Terrebonne), you can apply for SBA physical disaster loans for home repair or rebuilding. Physical loan applications are accepted until August 31, 2026; interest rates listed for homeowners are 5.750% (if credit available elsewhere) and 2.875% (if no credit available elsewhere).
Small Business Physical Disaster Loans
Businesses in the listed primary parishes (Avoyelles, St. Landry, St. Tammany, Terrebonne) may apply for SBA physical disaster loans for damage to buildings, equipment, or inventory. Physical loan applications are accepted until August 31, 2026; interest rates are 8.000% for businesses with credit available elsewhere and 4.000% for businesses without credit available elsewhere.
Economic Injury (EIDL) Loans for Businesses and Co-ops
Businesses and small agricultural cooperatives in the primary parishes and listed contiguous parishes (Louisiana: Acadia, Assumption, Catahoula, Concordia, Evangeline, Jefferson, LaSalle, Lafayette, Lafourche, Orleans, Pointe Coupee, Rapides, St. Bernard, St. Martin, St. Mary, Tangipahoa, Washington, West Feliciana; Mississippi: Hancock, Pearl River) can apply for Economic Injury Disaster Loans (EIDL). EIDL applications are accepted until March 30, 2027; the interest rate for businesses and small agricultural cooperatives without credit available elsewhere is 4.000%.
Private Nonprofit Disaster Loan Terms
Private nonprofit organizations in the affected areas are eligible to apply for both physical damage loans and Economic Injury Disaster Loans; applicable interest rates for private non-profit organizations are 3.625% (both with and without credit available elsewhere for physical damage, and listed for economic injury without credit). Physical loan applications are due by August 31, 2026 and EIDL applications are due by March 30, 2027.
How and When to Apply for SBA Disaster Loans
Eligible applicants should apply online at the MySBA Loan Portal (https://lending.sba.gov) or at locally announced locations; SBA help is available via email at [email protected] or by phone at 1-800-659-2955 (TTY: dial 7-1-1 for relay). Physical loan applications must be submitted by August 31, 2026 and Economic Injury loan applications must be submitted by March 30, 2027.
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