2026-02294Notice

Administrative Declaration of an Economic Injury Disaster for the State of Louisiana

Published Date: 2/5/2026

Notice

Summary

Louisiana’s small businesses and nonprofits hit by the severe winter storm from January 23-25, 2026, can now apply for special low-interest disaster loans to help them bounce back. The deadline to apply is November 2, 2026, so don’t wait! This support covers affected parishes in Louisiana and nearby counties in Arkansas and Mississippi.

Analyzed Economic Effects

4 provisions identified: 4 benefits, 0 costs, 0 mixed.

Low‑Interest EIDL for Small Businesses

If your small business or small agricultural cooperative in the declared disaster area had no credit available elsewhere, you can apply for an Economic Injury Disaster Loan at 4.000% interest. The EIDL declaration was issued February 2, 2026 for the severe winter storm that occurred January 23–25, 2026.

EIDL Access for Private Nonprofits

Private nonprofit organizations in the declared disaster area with no credit available elsewhere can apply for an Economic Injury Disaster Loan at 3.625% interest. The declaration covers the January 23–25, 2026 storm and was issued February 2, 2026.

Geographic Areas Covered Listed

The declaration names the primary Louisiana parishes (Bossier, East Carroll, Ouachita, Richland, Tensas) and contiguous parishes/counties in Louisiana, Arkansas, and Mississippi as eligible. Contiguous areas include specific Louisiana parishes (Bienville, Caddo, Caldwell, Catahoula, Concordia, Franklin, Jackson, Lincoln, Madison, Morehouse, Red River, Union, Webster, West Carroll), Arkansas counties (Chicot, Lafayette, Miller), and Mississippi counties (Adams, Claiborne, Issaquena, Jefferson, Warren).

How and When To Apply

You can apply online at the MySBA Loan Portal (https://lending.sba.gov) or at locally announced locations; call 1-800-659-2955 or email the SBA disaster assistance contact for help. The deadline to apply for these Economic Injury Disaster Loans is November 2, 2026.

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Key Dates

Effective Date
Published Date
2/2/2026
2/5/2026

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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