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SBA Offers Low Interest Loans for Disaster Recovery

Jan 31, 2022
SBA offers low interest, long term loans to businesses of all sizes, private non-profit organizations, homeowners and renters who need help to recover from the storms. We can lend up to $200,000 to homeowners to make repairs to their primary residences and up to $40,000 to help homeowners and renters replace their personal property in the following counties: Clallam, Skagit, and Whatcom Counties and the Lummi Nation, Nooksack Indian Tribe, and Quileute Tribe.

SBA offers up to $2 million to businesses and private non-profits for both physical and economic injury to businesses to help them recover from the Flooding & Mudslides. A business may not have had physical damage, but suffered economic losses in the days after the storms. For this reason, we offer Economic Injury Disaster Loans (EIDLs) in the declared counties and in neighboring counties in Chelan, Island, Jefferson, Okanogan, Snohomish.

Applicants may apply online or Disaster Recovery Center, receive additional disaster assistance information, and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.

Attached are digital copies of information you might find helpful. Please feel free to copy and distribute as you see fit and to post this information onto your web page. 

If you would like to schedule a meeting or you have any further questions about SBA disaster assistance. The best way to reach me is on my cell, (571) 752-0660, or by email, barbara.nitis@sba.gov.

See the following flyers for additional information: