2026-20929NoticeWallet

West Virginia Storms Trigger Presidential Disaster Aid for Nonprofits Only

Published Date: 10/14/2026

Notice

Summary

West Virginia got hit hard by storms, tornadoes, floods, and mudslides in July 2026, and now the President has declared a major disaster to help. This means nonprofit groups in 11 counties can apply for low-interest disaster loans to fix damage or cover economic losses. Act fast—physical damage loan applications are due by December 7, 2026, and economic injury loans by July 7, 2027.

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

SBA disaster loans available to nonprofits

If you are a private nonprofit that provides essential government-type services in Barbour, Doddridge, Lewis, Pendleton, Pleasants, Randolph, Ritchie, Tucker, Tyler, Upshur, or Wetzel counties, you may apply for SBA disaster loans because of severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides that occurred July 21–22, 2026. The Presidential major disaster declaration was issued October 7, 2026 (FEMA-4932-DR). Apply online at https://lending.sba.gov or contact the SBA disaster assistance center at 1-800-659-2955 (TTY dial 7-1-1).

3.625% interest rate for nonprofit disaster loans

The notice sets the interest rate for both physical damage and economic injury disaster loans for private nonprofit organizations at 3.625%. The rate applies whether or not credit is available elsewhere, per the published table in the declaration.

Application deadlines for SBA disaster loans

Physical damage loan applications must be submitted by December 7, 2026. Economic Injury (EIDL) loan applications must be submitted by July 7, 2027. Applications are to be submitted via the MySBA Loan Portal or at locally announced locations.

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Key Dates

Effective Date
Published Date
10/7/2026
10/14/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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