Home Disaster Loan | Small Business Administration, US - Hawaii Office

--US SBA Home Disaster Loan applications are due Monday, June 15, 2026-- The US Small Business Administration (US SBA) provides a Home Disaster Loan to homeowners and renters to repair or replace disaster-damaged real estate and personal property including automobiles. Loans are low fixed-rate, below-market interest rates with terms up to 30 years, no payment and no interest for 12 months post-disbursement; fixed loan payments; no prepayment penalty; up to $500,000 to cover damages to primary residences; up to $100,000 to replace personal property, including vehicles; funds available to build back better and protect against future disasters (mitigation); no need to wait for insurance to settle before applying; no obligation to take a loan if you are approved; no collateral required for loans up to $50,000; you may be eligible for refinancing or relocation; loan modification available. Disaster preparation and mitigation efforts are key to saving lives and property. After a disaster has been declared, a SBA disaster assistance loan can be used to make property improvements that eliminate future damage or can save lives. Disaster loans can be increased by up to 20% to make building updates. Consider some of these examples of mitigation projects: -Flood: Landscape your property to improve water runoff and drainage; elevate structures or convert your lowest floor into a “flexible space” where items can be easily moved; add a sump pump to move standing water; seal your roof’s decking -Wind: Strengthen structures to protect against high wind damage; brace and upgrade to wind-rated garage doors; install hurricane roof straps; install a safe room or storm shelter built to FEMA guidelines -Wildfire: Install a Class A fire-rated roof; install 1/8-inch mesh screening over all vents to keep embers out of eaves and vents; install noncombustible gutters, fences, and gates; remove roof and gutter debris that can be ignited by airborne embers Additional websites: https://www.sba.gov/funding-programs/disaster-assistance https://lending.sba.gov/search-disaster/?disaster=HI-20010 https://lending.sba.gov/ Locations: For all US SBA programs, the US SBA has a representative Monday-Sunday 10:00 am - 7:00 pm at the Waialua Recovery Center, Old Waialua Courthouse, 66 207 Kamehameha Highway, Haleiwa, HI 96712. Call (808) 460-8698 or visit the website, https://www.kakoomai.org/waialua . For business-specific disaster loan programs, the location is the Hawaii Small Business Development Center - Oahu, 677 Ala Moana Boulevard, 612, Honolulu, HI. Call (808) 945-1430, email [email protected], or visit the website https://hisbdc.org . Hawaii County, Business Recovery Center, Hawaii County Office of Aging, 1055 Kinoole Street, 101, Conference Room, Hilo, HI 96720. Open Monday-Friday 8:00 am - 4:00 pm .Walk-ins are welcome but in-person appointments can be scheduled in advance at https://appointment.sba.gov. For more information, visit the website, https://www.sba.gov/article/2026/04/15/sba-will-open-business-recovery-center-hilo.