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Dubois Today
By the People, for the People
Deadline Approaching for SBA Disaster Loans in Southwest Indiana
Knox County officials urge small businesses and nonprofits to apply by April 20 deadline
Mar. 19, 2026 at 3:24pm
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The U.S. Small Business Administration is reminding small businesses and private nonprofits in several southwest Indiana counties that they have until April 20 to apply for federal disaster loans related to severe storms and flooding that occurred last summer. The loans, available through the SBA's Economic Injury Disaster Loan program, can help cover operating expenses like payroll, rent, and other bills impacted by the disaster.
Why it matters
The SBA disaster loan program provides critical financial assistance to help small businesses and nonprofits recover from the economic impacts of natural disasters. With the April 20 deadline approaching, eligible organizations in the affected Indiana counties need to act quickly to take advantage of this federal aid.
The details
The SBA disaster declaration includes several southwest Indiana counties - Knox, Daviess, Greene, Dubois, Martin, and Pike. Businesses do not need to have physical damage to qualify, as long as they can demonstrate financial losses related to the 2025 storms. Loan amounts can reach up to $2 million, with long-term repayment options and interest rates set by the SBA. Applications can be submitted online through the SBA website.
- The April 20 deadline for applying for SBA disaster loans is approaching.
- There is a 60-day grace period after the April 20 deadline, but officials encourage applying as soon as possible.
The players
U.S. Small Business Administration
The federal agency that provides disaster loans and other assistance to small businesses and nonprofits.
Knox County Emergency Management
The local emergency management agency reminding residents of the upcoming SBA loan deadline.
What’s next
The SBA will review applications and make loan decisions after the April 20 deadline.
The takeaway
Small businesses and nonprofits in southwest Indiana affected by the 2025 storms should act quickly to apply for SBA disaster loans before the April 20 deadline, in order to access critical financial assistance to help them recover.
