About SBA
The U.S. Small Business Administration (SBA) offers loans to help people pay for home repairs, other disaster costs, or business losses after a disaster. The loans can help businesses of all sizes, non-profit organizations, and individual households.
Disaster Assistance Loans
Apply online and receive additional disaster assistance information. Applicants may also call SBA’s Customer Service Center at 800-659-2955 or email SBA disaster assistance.
For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
Current SBA Declarations
Iowans in Boone, Dallas, Jasper, Madison, Marion, Polk, Story, and Warren Counties impacted by severe storms, heavy rain, and flash flooding between July 2 and 4, 2026 can now apply.
Homeowners, renters, businesses, and most nonprofit organizations whose property was damaged or destroyed by this disaster can apply for low-interest disaster loans from the SBA. Additionally, small businesses, agricultural cooperatives, and most private, nonprofit organizations impacted by the severe weather will be eligible to apply for working capital loans.
Disaster loan applications can be submitted online at lending.sba.gov or in person at designated assistance centers. For details on center hours and locations, visit disasterrecovery.iowa.gov/SBA. Applicants may also contact the SBA Customer Service Center at (800) 659-2955, or email [email protected] for additional information. Individuals who are deaf, hard of hearing, or have a speech disability can access telecommunications relay services by dialing 7-1-1.
The deadline to apply for physical damage is September 21, 2026. The deadline to apply for economic injury is April 23, 2027.
SBA Facts
- Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize disaster damage from occurring in the future.
- Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.
- Interest does not begin to accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first disbursement.
- SBA will provide one-on-one assistance to disaster loan applicants at Disaster Recovery Centers. Additional information is available by calling the SBA Customer Service Center at (800) 659-2955.