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Small Business Administration grants Arizona $5M in flood relief loans

Damage from flooding in Globe on Wednesday, Oct. 1, 2025.
Bridget Dowd/KJZZ
Damage from flooding in Globe on Wednesday, Oct. 1, 2025.

The federal Small Business Administration announced Tuesday that Arizona will receive more than $5 million in disaster loans.

In September, deadly floods hit Gila and Mohave counties, causing an estimated $30 million worth of damage.

The Federal Emergency Management Agency recently denied Arizona’s request for disaster relief.

The agency said in a letter that handling the damage shouldn’t be beyond the state’s capacity to manage, which Gov. Katie Hobbs disputes.

She is actively appealing FEMA’s decision.

But the Small Business Administration is granting about $3 million to businesses and $2 million to residents for recovery efforts.

“Surpassing $5 million in disaster loans reflects more than just numbers — it represents small businesses reopening, families returning home and communities rebuilding more effectively,” SBA Office of Disaster Recovery and Resilience Associate Administrator Chris Stallings said in a statement.

The agency is also encouraging those in need to apply for more loans. The deadline for people to send in economic injury applications is July 10.

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Camryn Sanchez is a senior field correspondent at KJZZ covering everything to do with Arizona politics.