Small Business Administration providing aid for Arkansans affected by April storms
Video: Local organizing committee shares tips on how community can help first responders during disasters
LITTLE ROCK, Ark. – The Small Business Administration (SBA) announced Friday that it is assisting small businesses, private nonprofits and residents affected by the April 2-22 storms.
SBA officials said it will provide aid through low-interest disaster loans. The loans are available to residents of the following counties: Clark, Clay, Craighead, Crittenden, Desha, Fulton, Hot Spring, Jackson, Miller, Ouachita, Pulaski, Randolph, Saline, Sharp, St. Francis, and White.
SBA officials stated that homeowners and renters are eligible to apply for home and personal property loans up to $100,000 to replace or repair personal property, including clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.
Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls, and attics, weatherstripping doors & windows and installing storm windows to help protect property and occupants from future disasters.
SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries or private nonprofits (PNPs) suffering disaster-related financial loss. SBA disaster loans are not available to agricultural producers, farmers or ranchers, except for aquaculture enterprises.
Officials said interest rates can be as low as 4% for small businesses, 3.62% for PNPs, and 2.75% for homeowners and renters, with terms of up to 30 years. Interest does not begin to 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 disastercustomerservice@sba.gov 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.
The deadline to return physical damage applications is July 21. The deadline to return economic injury applications is Feb. 23, 2026.
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