Working Capital Loans Available in 28 Minnesota Counties affected by natural disasters

Minnesota District Office

u s small business administration
flooded town

SBA Working Capital Disaster Loans are now available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations located in Minnesota affected by three natural disasters. 

1. For high winds and a tornado on Aug. 17 – 18, 2019, loans are available in the following counties: Cottonwood, Jackson, Murray, Nobles and Rock in Minnesota; and the contiguous counties of Lyon and Osceola in Iowa.

2. For excessive rain and flooding on April 11 through Nov. 30, 2019, loans are available in the following counties: Becker, Beltrami, Cass, Chippewa, Clearwater, Hubbard, Itasca, Kittson, Koochiching, Lac Qui Parle, Lake of the Woods, Lincoln, Lyon, Mahnomen, Marshall, Norman, Pennington, Polk, Red Lake, Redwood, Renville, Roseau and Yellow Medicine in Minnesota; and the contiguous counties of Grand Forks, Pembina and Traill in North Dakota; and Deuel in South Dakota.

3. For excessive rain, flooding and excessive snow beginning Sept. 21, 2019, loans are available in the following counties: Beltrami, Kittson, Marshall, Pennington, Polk and Roseau in Minnesota; and the contiguous counties of Grand Forks, Pembina and Walsh in North Dakota.



Submit completed loan applications to SBA no later than Sept. 30, 2020.


More Information

Under these declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of these disasters. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers and ranchers.  

The loan amount can be up to $2 million with interest rates of 4 percent for small businesses and 2.75 percent for private nonprofit organizations, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to Loan applications can be downloaded from Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.