Federal Register #2026-22053

SBA disaster loan assistance for affected applicants in Kentucky and nearby areas

The U.S. Small Business Administration announced disaster loan assistance for people and organizations affected by severe weather in Kentucky and nearby areas. - Notice type: Disaster assistance announcement, not a procurement solicitation or contract award. - Government agency: U.S. Small Business Administration (SBA), Office of Disaster Recovery. - Affected areas: Primary counties are Bullitt, Cumberland, and Madison in Kentucky. Contiguous counties are Adair, Clark, Clinton, Estill, Fayette, Garrard, Hardin, Jackson, Jefferson, Jessamine, Metcalfe, Monroe, Nelson, Rockcastle, Russell, and Spencer in Kentucky, and Clay in Tennessee. - Eligible applicants: Homeowners, businesses, and private nonprofit organizations may be eligible for physical-damage loans. Businesses and small agricultural cooperatives may be eligible for economic injury disaster loans (EIDL). - Loan interest rates: Physical-damage loans range from 2.875% to 8.000%; EIDL rates range from 3.625% to 4.000%, depending on applicant type and credit availability. - OEMs and vendors: No commercial OEMs or vendors are identified.

Description

The U.S. Small Business Administration issued an administrative disaster declaration for the Commonwealth of Kentucky following severe storms, straight-line winds, tornadoes, and flooding. The incident period was June 18 through June 27, 2026. Disaster loans may be requested through the MySBA Loan Portal or at locally announced locations. The notice identifies affected primary and contiguous counties and provides application deadlines of December 28, 2026, for physical damage loans and July 26, 2027, for economic injury loans.

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