Federal loans available for early June flood victims. Here’s what to know.

The Small Business Administration is offering low-interest loans for some south-central Kansas residents as they rebuild after storms in early June.

Residents, business owners and nonprofits in Butler, Chase, Cowley, Elk, Greenwood, Harvey, Marion, Sedgwick and Sumner counties are eligible for the loans.

“There are a lot of purposes that these loans can be applied to,” Natalie Longwell with the Small Business Administration said.

The administration has opened two disaster loan outreach centers to answer questions and help residents apply for the appropriate loans. In Wichita, the center is at the Sedgwick County Register of Deeds office in the Ruffin Building at 100 N. Broadway; in El Dorado, it is at the county courthouse, 205 W. Central. Residents also can apply online.

Businesses and nonprofits can apply for physical disaster loans and receive up to $2 million to repair or replace damaged business assets, including real estate.

Homeowners and renters can also receive loans of up to $100,000 to replace or repair their personal property. Homeowners can also receive a loan of up to $500,000 to replace or repair their primary residence.

The deadline to apply for physical disaster loans is Aug. 26.

“The physical damages [loan] can be used to repair or replace disaster damaged property or supplies: inventory, machinery, equipment, what have you,” Longwell said. “Anything that’s associated with the business operation.”

The administration also offers economic injury disaster loans for small businesses and private nonprofits to help cover bills that weren’t paid due to a disaster. The deadline to apply for economic loans is March 27, 2026.

“Our threshold for what we use to determine whether or not a business is eligible is, ‘would you be able to meet these normal operating costs, like payroll, health care for your employees, rent, a mortgage were it not for the disaster happening?,’ Longwell said.

While loan amounts and terms are set based on financial condition, the administration sets low interest rates with terms up to 30 years.

“What we’ll see with businesses is that a lot of times what they’re able to do is pay off the loan early,” Longwell said, “because they’re able to pay it back in larger increments and if that’s the case, if that happens, there’s no pre-payment penalty.”

The disaster loan outreach center will remain open until at least July 24. Hours for the center are 8 a.m. to 4:30 p.m. Monday through Friday.

Applications can also be submitted online at sba.gov/disaster, by phone at 800-659-2955 or email at disastercustomerservice@sba.gov.