Texas Storms Trigger SBA Loans for Nonprofits in 19 Counties
Published Date: 9/9/2026
Notice
Summary
Texas just got a major disaster declaration for public help after storms, tornadoes, and flooding starting July 12, 2026. This means certain nonprofits in 19 counties can apply for low-interest disaster loans to fix damage or cover economic losses. Act fast—physical damage loans close November 2, 2026, and economic injury loans by June 1, 2027!
Analyzed Economic Effects
4 provisions identified: 1 benefits, 2 costs, 1 mixed.
Nonprofits May Apply for SBA Loans
If you run a private nonprofit that provides essential governmental services in the disaster areas, you may file a disaster loan application online at the MySBA Loan Portal (https://lending.sba.gov). This follows the Presidential major disaster declaration dated September 1, 2026 for the incident beginning July 12, 2026.
Interest Rate Set at 3.625%
The notice sets the interest rate for both physical damage and economic injury disaster loans for private non-profit organizations at 3.625%. The 3.625% rate is listed for organizations both with and without credit available elsewhere.
Deadlines to Apply for Loans
You must apply for physical damage disaster loans by November 2, 2026 and for Economic Injury Disaster Loans (EIDL) by June 1, 2027 using the MySBA Loan Portal. Missing these deadlines means you cannot file an application under this disaster declaration after those dates.
Specific Texas Counties Listed
The declaration identifies the following primary counties as adversely affected: Bandera, Crockett, Dimmit, Edwards, Frio, Gillespie, Kendall, Kerr, Kimble, Kinney, La Salle, Mason, Maverick, Menard, Real, Sutton, Uvalde, Val Verde, and Zavala. Only organizations/areas determined adversely affected are covered by this disaster declaration and related SBA actions.
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