Texas Storms Trigger SBA Disaster Loans for Bexar County
Published Date: 9/14/2026
Notice
Summary
Texas got hit hard by storms and tornadoes on August 28, 2026, and now the government is stepping in with disaster loans to help folks bounce back. If you live in Bexar or nearby counties, you can apply for low-interest loans to fix damage or cover business losses, but don’t wait—physical damage loans close November 9, and economic injury loans close June 10, 2027. This is your chance to get financial help and rebuild stronger!
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
SBA Disaster Loans Open for Affected Texas Areas
After severe storms and tornadoes on August 28, 2026, the SBA declared a disaster for parts of Texas on September 10, 2026. You can apply for physical damage and Economic Injury (EIDL) loans through the MySBA Loan Portal at https://lending.sba.gov; the physical loan application deadline is November 9, 2026 and the EIDL deadline is June 10, 2027.
Physical Damage Loan Interest Rates for Victims
For physical damage loans tied to this disaster (Physical Disaster #21859B), the SBA set interest rates: homeowners with credit available elsewhere 6.000%; homeowners without credit available elsewhere 3.000%; businesses with credit available elsewhere 8.000%; businesses without credit available elsewhere 4.000%; private non-profits (with or without credit available elsewhere) 3.625%.
EIDL Rates for Businesses and Nonprofits
For Economic Injury Disaster Loans (EIDL) tied to this disaster (EIDL #218600), the SBA set rates: businesses and small agricultural cooperatives without credit available elsewhere 4.000%; private non-profit organizations without credit available elsewhere 3.625%.
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