Pennsylvania Floods Trigger SBA Loan Lifeline
Published Date: 8/25/2026
Notice
Summary
This is notice of an Administrative declaration of a disaster for the commonwealth of Pennsylvania dated August 19, 2026. Incident: Severe Storms and Flooding.
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
Homeowner physical damage loans
Homeowners in the declared area can apply for SBA physical damage disaster loans for damage from the July 28, 2026 storm. Interest rates are 6.000% if you have credit available elsewhere and 3.000% if you do not. The physical loan application deadline is October 19, 2026; apply via the MySBA Loan Portal at https://lending.sba.gov.
Small business physical damage loans
Businesses in the declared area can apply for SBA physical damage loans for storm and flood damage. Interest rates are 8.000% if credit is available elsewhere and 4.000% if it is not. The physical loan application deadline is October 19, 2026; apply online at https://lending.sba.gov.
Economic Injury (EIDL) loan terms and deadline
Businesses and small agricultural cooperatives in the declared area without credit available elsewhere may apply for Economic Injury Disaster Loans at 4.000% interest; private non-profit organizations without credit available elsewhere may apply at 3.625% interest. The EIDL application deadline is May 19, 2027; apply at the MySBA Loan Portal https://lending.sba.gov.
Which counties are eligible
If you live or run a business in the declared area tied to the July 28, 2026 severe storms and flooding, you may be eligible for SBA disaster assistance. The primary county is Clearfield; contiguous counties listed are Blair, Cambria, Cameron, Centre, Clinton, Elk, Indiana, and Jefferson in Pennsylvania. The declaration was issued August 19, 2026.
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Key Dates
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