SBA Extends Disaster Loans to Counties in Idaho and Washington

The Small Business Administration provided disaster loans to several counties in Washington and Idaho on October 28, 2026. These loans cover counties including Spokane County and Whitman, as well as Lincoln and Stevens counties in Washington, and Benewah, Bonner, and Kootenai counties in Idaho. Businesses and nonprofits can apply for up to $2 million for physical disaster repairs, while homeowners can seek up to $500,000 for primary residence replacement.

The loans offer low interest rates, such as 2.8% for homeowners and 4% for businesses, with no interest accruing or payments due for the first 12 months after funds are disbursed. This capital is intended to help repair or replace real estate, equipment, and inventory damaged by fires.