The U.S. Small Business Administration announced an amendment extending the application deadlines for disaster assistance loans following Tropical Storm Helene in North Carolina. The amendment updates the Presidential major disaster declaration to allow more time for affected individuals and businesses to apply. The new deadline for physical loan applications is March 8, 2025, and for Economic Injury Disaster Loans (EIDL), it is June 30, 2025. All other information in the initial declaration remains unchanged.
Simple Explanation
The government wants to give people in North Carolina more time to ask for help because a big storm caused damage. Now, they have until March 8, 2025, to ask for help fixing things, and until June 30, 2025, to ask for help with money problems.