SBA Relief Still Available to Nebraska Small Businesses and Private Nonprofits Affected by Drought Deadline to apply for economic injury loans approaching

WASHINGTON – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in Nebraska of the deadline to apply for low interest federal disaster loans to offset economic losses caused by drought.

The disaster declarations cover the counties listed below:

Declaration Number:  NE 21145
Primary  Counties:  Cheyenne, Custer, Garden, Garfield, Greeley, Loup, Morrill, Sherman and Valley
Neighboring Counties:  Arthur, Banner, Blaine, Boone, Box Butte, Brown, Buffalo, Dawson, Deuel, Grant, Holt, Howard, Keith, Kimball, Lincoln, Logan, Nance, Rock, Scotts Bluff, Sheridan, Wheeler in Nebraska; Logan and Sedgwick in Colorado
Incident Type:  Drought
Incident Date:  Beginning May 13, 2025, and continuing
Deadline:  2/2/2026

Declaration Number:  NE 21151
Primary  Counties:  Blaine, Brown, Dawson, Deuel, Hooker, Kimball, Lincoln, Logan, McPherson, Platte, Rock and Thomas
Neighboring Counties:  Arthur, Banner, Boone, Boyd, Buffalo, Butler, Cherry, Cheyenne, Colfax, Custer, Frontier, Garden, Gosper, Grant, Hayes, Holt, Keith, Keya Paha, Loup, Madison, Merrick, Nance, Perkins, Phelps, Polk and Stanton in Nebraska; Logan, Sedgwick and Weld in Colorado; Laramie in Wyoming
Incident Type:  Drought
Incident Date:  Beginning April 1, 2025, and continuing
Deadline:  2/2/2026

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith based organizations with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.
EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on 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.

Submit completed loan applications to the SBA no later than Feb. 2, 2026. However, after the deadline has passed, there is a 60-day grace period in which SBA will accept applications.

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About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit http://www.sba.gov.