The Small Business Administration has issued a notice regarding the Presidential declaration of a major disaster in Missouri, focusing on public assistance due to severe storms, tornadoes, straight-line winds, and flooding. This declaration allows private non-profit organizations providing essential government-like services to apply for disaster loans online. The affected areas include several counties such as Carter, Crawford, and Howell, among others. Physical loan applications are due by March 3, 2025, and economic injury loan applications are due by October 1, 2025.
Simple Explanation
The President decided that Missouri had a big disaster because of bad weather, like storms and floods. Now, some groups in those areas can ask for help to fix things, kind of like borrowing money to build things again.