UPDATED: Small Business Administration to Host a Disaster Loan Outreach Center at North Valleys Community Center

The U.S. Small Business Administration announced the availability of low‑interest federal disaster loans to Nevada businesses, private nonprofits and residents to offset physical and economic losses from the Bug and Hawk Fires occurring Aug. 8 – Sept. 9. The SBA issued a disaster declaration in response to a request from Governor Joe Lombardo on Sept. 9.

The declaration covers the Nevada counties of Carson City, Churchill, Humboldt, Lyon, Pershing, Storey, and Washoe, as well as the California counties of Lassen, Modoc, Nevada, Placer, and Sierra, and the Oregon counties of Harney and Lake.

Businesses and nonprofits are eligible to apply for physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery, and equipment, inventory, and other business assets.

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.

Beginning Thursday, Oct. 15, SBA customer service representatives will be on hand at the Disaster Loan Outreach Center in Reno to answer questions and assist with the disaster loan application process. Walk-ins are welcome, and in-person appointments can be scheduled in advance at appointment.sba.gov.

• Disaster Loan Outreach Center
  North Valleys Community Center
  8085 Silver Lake Rd.. Reno, NV  89506
• Opens on Thursday, Oct. 15 at 9 a.m.
  Monday – Friday, 9 a.m. – 4 p.m.
• Closes permanently Friday, Oct. 30 at 4 p.m.

“When disasters strike, SBA’s Disaster Loan Outreach Centers perform an important role by assisting small businesses and their communities,” said Chris Stallings, Associate Administrator of the Office of Disaster Recovery and Resilience at SBA. “At these centers, our specialists help business owners and residents apply for disaster loans and learn about the full range of programs available to support their recovery.”

Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

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.

Applicants may be eligible for a loan increase of up to 20% of their verified physical damage, for mitigation purposes. Eligible mitigation improvements may include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

The SBA’s Economic Injury Disaster Loan program is available to small businesses, small agricultural cooperatives, and private nonprofit organizations — including faith‑based organizations — with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

Economic Injury Disaster Loan’s are available for working capital needs caused by the disaster and are available even if the small business or private nonprofit did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills which could not be paid due to the disaster.

Interest rates are as low as 4% for businesses, 3.625% for nonprofits, and 3% for homeowners and renters, with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA determines eligibility and sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s National Support Network Center at (866) SBA-HELP or email disastercustomerservice@sba.gov for more information on disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

The filing deadline to return applications for physical property damage is Nov. 10. The deadline to return economic injury applications is June 11, 2027.

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.