Households, shops and nonprofits in Clackamas, Lane and Lincoln counties can now tap Small Business Administration, or SBA, disaster loans after severe storms, straight-line winds, flooding, landslides and mudslides hit Oregon in December. The federal help is meant to cover repairs and, for some borrowers, the cash-flow problems that keep going long after the water is gone.
The application window is already open. Physical-damage loans are due Aug. 3, 2026, and Economic Injury Disaster Loan, or EIDL, applications run until March 4, 2027.
What the loans can do
The notice makes the aid available to homeowners, businesses and private nonprofit organizations. In the SBA program, physical-disaster loans help pay to repair damaged property, while EIDLs are aimed at businesses and small agricultural cooperatives that lost revenue but still have bills to meet.
That distinction matters in rural places, where a storm can leave a business technically open but unable to restock, make payroll or get back to normal fast enough to survive the gap. The loans are not a cure-all, but they can buy time when a weather event has turned routine expenses into a problem.
Sources
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