Summary
Homeowners and renters in certain areas of California and Nevada can apply for low-interest loans up to $500,000 to help repair or replace homes damaged by the Pack Fire. The U.S. Small Business Administration (SBA) offers these loans to support recovery after the wildfire that occurred in November and December 2025.
Key Facts
- Residents in parts of California and Nevada can get low-interest loans after the Pack Fire.
- The SBA offers loans of up to $500,000 for homeowners to repair or replace their primary homes.
- Renters and homeowners can borrow up to $100,000 for personal property like furniture.
- Businesses and nonprofits can get loans up to $2 million for physical damage.
- Interest rates are 2.875% for homeowners, 4% for businesses, and 3.625% for nonprofits.
- Loan terms can go up to 30 years, with no payments or interest for the first 12 months.
- The fire led to mandatory evacuations and caused $4.97 million in losses.
- The deadline to apply for physical damage loans is February 9, 2026, and for economic injury loans is September 9, 2026.
