North Dakota Storms Trigger Federal Disaster Loan Aid
Published Date: 9/15/2026
Notice
Summary
A major disaster was declared for North Dakota after severe storms, straight-line winds, and tornadoes hit from June 7-9, 2026. This declaration helps local non-profits get disaster loans to recover, with physical damage loan applications due by November 1, 2026, and economic injury loans available until June 1, 2027. The affected counties include Bottineau, Burke, Divide, McLean, Mercer, Oliver, and Williams.
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
SBA Disaster Declaration for Nonprofits
On September 1, 2026 the President declared a major disaster (FEMA-4934-DR) for severe storms that occurred June 7–9, 2026. Private non-profit organizations providing essential governmental services in Bottineau, Burke, Divide, McLean, Mercer, Oliver, and Williams counties may apply for SBA disaster assistance under this declaration.
Physical Damage Loan Deadline November 1
If you are an eligible private non-profit in the designated counties, you must submit applications for SBA physical damage disaster loans by November 1, 2026 to be considered for physical damage assistance.
EIDL Application Deadline June 1, 2027
Economic Injury Disaster Loan (EIDL) applications for affected private non-profits are available through June 1, 2027, giving organizations until that date to apply for economic injury assistance related to the June 7–9, 2026 incident.
SBA Loan Interest Rate Set at 3.625%
The SBA set the interest rate for physical damage loans at 3.625% for private non-profit organizations both with and without credit available elsewhere, and set the economic injury loan rate at 3.625% for private non-profits without credit available elsewhere.
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