Guam Gets Disaster Loans After Super Typhoon Bavi Hits Hard
Published Date: 10/14/2026
Notice
Summary
The President declared a major disaster for Guam after Super Typhoon Bavi hit from July 4-12, 2026. People and businesses in Guam can now apply for low-interest disaster loans to help repair damage and recover economically. Physical damage loan applications are due by December 7, 2026, and economic injury loan applications by July 7, 2027.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
SBA Physical Disaster Loans Available
If your home or nonprofit property in Guam was damaged by Super Typhoon Bavi (incident July 4–12, 2026), you can apply for SBA physical disaster loans to repair damage. Physical damage loan applications must be submitted by December 7, 2026. Interest rates listed for physical damage include 5.750% for homeowners with credit available elsewhere, 2.875% for homeowners without credit available elsewhere, and 3.625% for private non-profit organizations.
EIDL Loans for Guam Businesses and Co-ops
Businesses and small agricultural cooperatives in Guam can apply for Economic Injury Disaster Loans (EIDL) to recover from Super Typhoon Bavi. EIDL applications must be submitted by July 7, 2027. Interest rates shown for economic injury include 4.000% for businesses and small agricultural cooperatives without credit available elsewhere, and 3.625% for private non-profit organizations without credit available elsewhere.
How to Apply and Contact SBA
You may apply for disaster loans online at the MySBA Loan Portal (https://lending.sba.gov) or in person at locally announced locations. For help, contact the SBA disaster assistance customer service center at 1-800-659-2955, email [email protected], or use 7-1-1 for telecommunications relay service if you are deaf, hard of hearing, or have a speech disability.
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