The U.S. Small Business Administration has issued a notice regarding an Economic Injury Disaster Loan (EIDL) declaration for Louisiana due to a winter storm in January 2025. Businesses in affected parishes like Ascension and Calcasieu can apply for these loans online through the MySBA Loan Portal. The deadline for applying is November 25, 2025. Parishes in neighboring states Mississippi and Texas are also included in the declaration, allowing them to apply for assistance.
Simple Explanation
The Small Business Administration is helping people in Louisiana and nearby areas because of a big snowstorm that happened in January 2025. People who have businesses there can ask for special money help called loans, and they have until November 25, 2025, to ask for it.