Disaster loans offered to those affected by wind damage
The U.S. Small Business Administration announced the availability of low-interest federal disaster loans to Idaho businesses, nonprofits and residents affected by straight-line winds occurring Dec. 16 through 18, 2025.
The SBA issued a disaster declaration in response to a request from Gov. Brad Little on June 5, and it covers Idaho and Shoshone counties.
“Through a rural declaration, SBA provides financial assistance to help rural communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We offer disaster loans to homeowners, renters, businesses and private nonprofits affected by the disaster.”
Businesses and nonprofits are eligible to apply for business physical disaster loans. They may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
The deadline to return physical damage applications is Aug. 7. The deadline to return economic injury applications is March 8, 2027.
Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars and appliances.
Homeowners may apply for up to $500,000 to replace or repair their primary residence.
To apply online, visit sba.gov/disaster.
Applicants may also call SBA’s Customer Service Center at 800-659-2955.