SBA Disaster Loans Available for Volusia County Businesses and Nonprofits Impacted by Frost and Freeze

Posted On: March 24, 2026

The U.S. Small Business Administration (SBA) is offering low-interest federal disaster loans to Volusia County small businesses and private nonprofit organizations that suffered financial losses due to the frost and freeze that occurred Jan. 23 through Feb. 5.

The assistance is available through SBA's Economic Injury Disaster Loan program, which provides working capital to eligible small businesses, small agricultural cooperatives, nurseries, and private nonprofits that experienced financial impacts related to the event. The program is designed to assist organizations that lost revenue due to the cold weather, even if they did not sustain physical damage. Loan funds may be used to cover fixed debts, payroll, accounts payable, and other bills that went unpaid as a result of the frost and freeze. Volusia County is among the counties included in the SBA disaster declaration, making local businesses and nonprofits eligible to apply.

Businesses that may wish to explore eligibility include those that experienced reduced revenue, canceled services, supply disruptions, or other financial impacts tied to the cold weather event. SBA determines eligibility based on program requirements and each applicant's circumstances.

While the program covers a wide range of business-related impacts, it does not extend to all agriculture-related losses. The SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises. Agricultural producers should consult the U.S. Department of Agriculture to determine whether any assistance programs are available.

Eligible applicants may receive up to $2 million in assistance. Interest rates are as low as 4% for small businesses and 3.625% for private nonprofits, with repayment terms of up to 30 years. Interest does not accrue, and payments are not due until 12 months after the first loan disbursement. Loan amounts and terms are determined by the SBA based on each applicant's financial condition.

Applications may be submitted online at sba.gov/disaster. For more information, interested applicants may call the SBA's Customer Service Center at 800-659-2955 or email [email protected].

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