Small Business Administration Offers Disaster Relief Loans to Florida Businesses and Nonprofits

​This news release was published by the Office of Disaster Recovery and Resilience and is being shared with Alachua County residents who may qualify for assistance.

The U.S. Small Business Administration (SBA) announced the availability of low-interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Florida who sustained economic losses caused by freeze, frost and high winds occurring Jan. 23 to Feb 5, 2026.

The disaster declaration covers the Florida counties of Alachua, Baker, Bradford, Broward, Charlotte, Clay, Collier, Columbia, Desoto, Gilchrist, Glades, Hendry, Highlands, Lee, Levy, Marion, Miami-Dade, Monroe, Putnam, Sarasota and Union.

Under this declaration, the SBA's Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

EIDLs are available for working capital needs caused by the disaster and are available even if the small 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.

Apply online.

The deadline to return economic injury applications is Nov. 4.

For more assistance, applicants may call SBA's Customer Service Center at (800) 659-2955 or email [email protected]. For people who are deaf, hard of hearing, or have a speech disability, please dial 711 to access telecommunications relay services. ​

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