Search Results for keywords:"Physical damage loans"

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Search Results: keywords:"Physical damage loans"

  • Type:Notice
    Citation:89 FR 97692
    Reading Time:less than a minute

    The U.S. Small Business Administration has issued an amendment to the Presidential disaster declaration for the Cheyenne River Sioux Tribe, which was initially declared on November 1, 2024. This amendment extends the deadline to apply for physical damage loans due to severe storms, straight-line winds, and flooding that occurred from July 13 to July 14, 2024. The new deadline to apply for these loans is January 20, 2025, while the deadline for Economic Injury Disaster Loans (EIDL) is August 1, 2025. Further details and applications are available through the MySBA Loan Portal.

    Simple Explanation

    The U.S. Small Business Administration is giving people more time—until January 20, 2025—to ask for help fixing things broken by a big storm and flooding that happened in July 2024. These storms affected the Cheyenne River Sioux Tribe, and people can apply for financial assistance to repair the damage.

  • Type:Notice
    Citation:89 FR 100589
    Reading Time:about a minute or two

    The U.S. Small Business Administration issued a correction to a previous announcement regarding a major disaster declaration for Virginia due to Tropical Storm Helene. Originally declared on October 1, 2024, this amendment now includes the Independent City of Norton as a contiguous county/city. The document outlines primary and contiguous areas eligible for physical damage and economic injury loans. The original disaster notice remains unchanged except for this correction.

    Simple Explanation

    The government is fixing a mistake they made when they first said certain areas in Virginia needed help after a big storm. They are now adding a new place called Norton to the list of places that can get help.