Low-Interest Loans Available for Businesses, Residents Impacted by June 2026 Severe Weather

Four area counties fall under the disaster declaration

Shutterstock photo.

INDIANAPOLIS - Today, Governor Mike Braun announced that the U.S. Small Business Administration issued a disaster declaration for Indiana counties impacted by severe storms, tornadoes, straight-line winds, and flash flooding from June 6, 2026, through June 26, 2026.

This opens access to low-interest loans for residents and business owners who incurred damage. 

“Indiana has been hit hard this year by severe weather,” said Gov. Braun. “I remain committed to fighting for every Hoosier who has been impacted this year and am grateful to our federal partners for providing support to those who are still recovering from June’s severe weather impacts.” 

Currently, Elkhart, Gibson, Harrison, Jefferson, Lake, and Warrick counties and the contiguous counties of Clark, Crawford, Dubois, Floyd, Jasper, Jennings, Knox, Kosciusko, LaGrange, Marshall, Newton, Noble, Pike, Porter, Posey, Ripley, Scott, Spencer, St. Joseph, Switzerland, Vanderburgh, and Washington are eligible for U.S. SBA loans. Damage incurred outside of that date is not eligible. 

What types of disaster loans are available? 

• Business physical disaster loans – Loans to businesses to repair or replace disaster-damaged property owned by the businesses, including real estate, inventories, supplies, machinery, and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible. 
• Economic injury disaster loans – Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.  
• Home disaster loans – Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles. 

Applications for disaster loans may be submitted online using the MySBA Loan Portal here. The application deadline for physical damage is Dec. 8, 2026. The application deadline for economic injury is July 9, 2027. 

The U.S. Small Business Administration is still accepting loan applications for eligible survivors of the August 2026 disaster. The application deadline for physical damage is Oct. 25, 2026. The application deadline for economic injury is May 24, 2027. 

Disaster Loan Outreach Centers will be open beginning today. SBA customer service representatives will be on hand at these centers to answer questions about SBA’s disaster loan program, explain the application process, and help individuals complete their application at no cost. Walk-ins are welcome, and you can schedule an in-person appointment in advance at appointment.sba.gov.

Disaster Loan Outreach Center Locations and Hours:
JEFFERSON COUNTY

• Jefferson County Emergency Management Agency, 620 Green Rd., Madison, IN 47250
• Opens at noon, Friday, Oct. 16
• Hours: Monday–Friday, 8 a.m. – 4 p.m. and Saturdays, 10 a.m. – 2 p.m.
• Closes permanently at 4 p.m., Friday, Oct. 30