SBA offers disaster relief loans to Kansas nonprofits hit by May storms

SBA offers disaster relief loans to Kansas nonprofits hit by May storms

Economics
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Isabel Casillas Guzman 27th Administrator of the U.S. Small Business Administration | www.sba.gov

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The U.S. Small Business Administration (SBA) has announced that private nonprofit organizations in several Kansas counties are now eligible for low-interest federal disaster loans following severe storms, straight-line winds, tornadoes, and flooding that occurred on May 18-19.

The affected counties include Bourbon, Cheyenne, Edwards, Gove, Kiowa, Logan, Pratt, Reno, Scott, Sheridan, and Stafford. Private nonprofits providing non-critical services of a governmental nature in these areas can apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs). Eligible organizations may include faith-based groups, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

Private nonprofits may borrow up to $2 million to repair or replace damaged or destroyed real estate and other assets. There is also an option for a loan increase of up to 20% of the verified physical damage amount for mitigation efforts. EIDLs are available to cover working capital needs caused by the disaster and can be used even if no physical damage was sustained.

“SBA loans help eligible private nonprofits cover both physical damage as well as economic injury after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help private nonprofits get back on their feet but help them rebuild.”

Interest rates for these loans start at 3.625% with terms up to 30 years. Interest does not accrue nor are payments due until 12 months after the first loan disbursement. Loan amounts and terms will be determined based on each applicant’s financial condition.

Applicants are encouraged by the SBA to submit their applications promptly as they will be processed in the order received. Applications can be submitted online at sba.gov/disaster or by contacting SBA’s Customer Service Center at (800) 659-2955 or via email at disastercustomerservice@sba.gov. Telecommunications relay services are available by dialing 7-1-1.

The deadline to apply for physical property damage is September 22, 2025; applications for economic injury must be submitted by April 22, 2026.

The SBA provides resources and support to small businesses through its network of field offices and partnerships across the country.

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