Federal disaster loans are available to small businesses and nonprofits that suffered financial losses related to drought conditions in 2026.
Through the Economic Injury Disaster Loan program, the U.S. Small Business Administration is offering up to $2 million in low-interest loans to offset economic losses from the drought, a news release said.
Eligible applicants must be located in Hawaii, Honolulu, Kalawao, Kauai and Maui counties. The program is open to:
- Private nonprofit organizations
- Faith-based organizations
- Small businesses
- Small agricultural cooperatives and nurseries
- Small aquaculture enterprises
Application deadline is Dec. 10. Apply online at sba.gov/disaster.
Interest rates are as low as 4% for small businesses and 3.625% for private nonprofits, and loan terms are up to 30 years. No interest or other payments are required during the first 12 months after loan disbursement.
For assistance, call the SBA National Support Network Center at 866-SBA-HELP or email disastercustomerservice@sba.
