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[SBA Press Release] SBA Announces Relief for Alaska Homeowners, Businesses, Private Nonprofits, and Renters Affected by Recent Storms (10/27/2025)

Alaska Department of Commerce, Community, and Economic Development

The issuing organization did not supply a publication date.

Added to The State & Nation: October 3, 2026

What this means

Following an October 22, 2025 presidential disaster declaration, the U.S. Small Business Administration announced low-interest loans for residents, businesses and eligible private nonprofits affected by Alaska storms, straight-line winds and remnants of Typhoon Halong beginning October 8. Physical-damage eligibility covered the Lower Kuskokwim and Lower Yukon regional educational attendance areas and Northwest Arctic Borough, with homeowners eligible for up to $500,000 for a primary residence and homeowners or renters up to $100,000 for personal property; additional listed areas qualified small businesses and most nonprofits for economic-injury loans, and an Anchorage outreach center opened October 27.

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This announcement was published by Alaska Department of Commerce, Community, and Economic Development. The direct link below opens the official publication.

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https://www.commerce.alaska.gov/web/Portals/0/pub/Archive26/Press%20Releases/2025/SBA%20Halong%20Disaster%20Loans%2010.27.25%2021336-01%20AK.pdf?ver=mp-doV8P6JRiRRpP91Z3dw%3d%3d

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