The U.S. Small Business Administration has issued an amendment to the Presidential declaration of a major disaster for Kentucky due to severe storms, winds, flooding, and landslides beginning on February 14, 2025. New areas, including Leslie and Woodford counties, are now eligible for physical damage and economic injury loans, with additional surrounding counties eligible for economic injury loans. The deadlines for applying for loan assistance are April 25, 2025, for physical damage and November 24, 2025, for economic injury. For more details or to apply, individuals can visit the MySBA Loan Portal online.
Simple Explanation
The U.S. government has updated the help they are giving to people in Kentucky after a big storm caused lots of problems, like floods and landslides. Now, even more areas can get help fixing the damage or recovering lost business income.