2026-15869NoticeWallet

Pennsylvania Unlocks SBA Loans After Severe Summer Storms

Published Date: 8/5/2026

Notice

Summary

This is notice of an Economic Injury Disaster Loan (EIDL) declaration for the Commonwealth of Pennsylvania dated July 31, 2026. Incident: Severe Storms.

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

EIDL Declaration Opens for Storm-impacted Businesses

The SBA declared an Economic Injury Disaster Loan (EIDL) for severe storms, issued July 31, 2026, covering Monroe County and contiguous counties in Pennsylvania (Carbon, Lackawanna, Luzerne, Northampton, Pike, Wayne) and New Jersey (Sussex, Warren). Eligible small businesses and small agricultural cooperatives in those listed areas can apply online at https://lending.sba.gov or at local locations; the application deadline is April 30, 2027.

EIDL Interest Rates for Eligible Borrowers

The notice sets EIDL interest rates for eligible applicants without credit available elsewhere: 4.000% for businesses and small agricultural cooperatives, and 3.625% for private non-profit organizations. These rates apply to loans tied to disaster number 217400 declared for Pennsylvania and New Jersey.

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Key Dates

Effective Date
Published Date
7/31/2026
8/5/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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