The U.S. Small Business Administration announced an amendment to the President's earlier declaration of a major disaster for the Cheyenne River Sioux Tribe. This amendment extends the deadline for applying for loans to repair physical damage from the disaster, which consisted of severe storms, straight-line winds, and flooding that occurred from July 13 to July 14, 2024. The new deadline for physical loan applications is February 28, 2025, and for economic injury loans is August 1, 2025. Interested individuals can apply for assistance via the MySBA Loan Portal.
Simple Explanation
The U.S. government is giving more time to people in the Cheyenne River Sioux Tribe who need money to fix things after big storms and floods last year. They can now ask for help until the end of February 2025 for fixing things and until August 2025 for other money help.