2026-19923NoticeWallet

Florida salvage yard inferno sparks federal bailout bonanza

Published Date: 9/29/2026

Notice

Summary

A big fire at an industrial salvage yard hit Miami-Dade and nearby counties in Florida, causing economic trouble for small businesses and nonprofits. The government is offering low-interest disaster loans to help these folks bounce back, with applications open until June 24, 2027. If you’re affected, now’s the time to apply online or in person and get some financial relief!

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Low‑Interest EIDLs for Small Businesses

If your small business or small agricultural cooperative in Miami‑Dade, Broward, Collier, or Monroe County lost income because of the industrial salvage‑yard fire on May 25, 2026, you can apply for an Economic Injury Disaster Loan. The loan interest rate for businesses and small agricultural cooperatives without credit available elsewhere is 4.000%. Apply online at https://lending.sba.gov or in person; applications are due by June 24, 2027 (Disaster number 219110).

Low‑Interest EIDLs for Private Nonprofits

Private non‑profit organizations in Miami‑Dade, Broward, Collier, or Monroe County affected by the industrial salvage‑yard fire on May 25, 2026 may apply for Economic Injury Disaster Loans. The interest rate for private non‑profit organizations without credit available elsewhere is 3.625%. Apply via the MySBA Loan Portal at https://lending.sba.gov or at local application locations by June 24, 2027 (Disaster number 219110).

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Key Dates

Effective Date
Published Date
9/24/2026
9/29/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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