2026-20931NoticeWallet

Hawaii Gets Disaster Loans After Hurricane Lowell Wallops Islands

Published Date: 10/14/2026

Notice

Summary

Hurricane Lowell hit Hawaii hard from September 6-9, 2026, leading the President to declare a major disaster for public help only. This means nonprofit groups in Kauai and Maui can now apply for low-interest disaster loans to recover. Act fast—physical damage loan applications close December 7, 2026, and economic injury loans by July 7, 2027!

Analyzed Economic Effects

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

Nonprofits in Kauai and Maui Eligible

If you run a private nonprofit that provides essential governmental services in Kauai or Maui, you may apply for SBA disaster loans because the President declared a major disaster (FEMA-4952-DR) for Hurricane Lowell. The declaration covers the incident period September 6, 2026 through September 9, 2026 and was issued October 7, 2026. Apply online at the MySBA Loan Portal (https://lending.sba.gov) or at locally announced locations.

Low 3.625% Disaster Loan Interest Rate

The notice sets the interest rate for both Physical Damage and Economic Injury disaster loans for private nonprofit organizations at 3.625% (for organizations with or without credit available elsewhere). These rates apply to loans tied to this disaster (Physical damage disaster number 219428; Economic injury disaster number 219430).

Deadlines: Dec 7, 2026 and Jul 7, 2027

You must apply for Physical Damage loans by December 7, 2026 and for Economic Injury (EIDL) loans by July 7, 2027 if you want SBA disaster assistance related to Hurricane Lowell. Use the MySBA Loan Portal (https://lending.sba.gov) to submit applications before those dates.

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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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