SBA Offers Disaster Relief to Florida Small Businesses and Private Nonprofits Affected by May Drought
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 the drought beginning May 6. The SBA is offering low-interest economic injury disaster loans. The loan amount can be up to $2 million, with interest rates as low as 4%, and terms of up to 30 years. The deadline to apply is February 2, 2026.
