Indiana storms unleash major disaster: Biden declares aid
Published Date: 8/31/2026
Notice
Summary
This is notice of the Presidential declaration of a major disaster for the State of Indiana (FEMA-4933-DR), dated August 25, 2026. Incident: Severe Storms, Straight-line Winds, Tornadoes, and Flooding.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Homeowner Low-Interest Disaster Loans
If you live in one of the named primary counties affected by the August 11, 2026 severe storms in Indiana, you may apply for SBA physical disaster loans to repair your home. Homeowner loan 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 25, 2026.
Business Physical Damage Loan Terms
Businesses and private non-profit organizations in the listed primary disaster counties can apply for SBA physical damage loans for storm losses. Business loan rates are 8.000% if credit is available elsewhere and 4.000% if not; private non-profits are listed at 3.625%. The physical loan application deadline is October 25, 2026.
Economic Injury (EIDL) Loan Access
Small businesses, small agricultural cooperatives, and private non-profits in the named primary counties and the listed contiguous counties may apply for Economic Injury Disaster Loans (EIDL). EIDL rates are 4.000% for businesses and small agricultural cooperatives without credit available elsewhere, and 3.625% for private non-profits without credit available elsewhere. The EIDL application deadline is May 25, 2027.
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Key Dates
Department and Agencies
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