The U.S. Small Business Administration (SBA) has issued a notice about an Economic Injury Disaster Loan (EIDL) declaration for Louisiana following a Mass Casualty Incident. This declaration allows businesses affected by the disaster to apply for loans to address economic injuries. The incident period began on January 1, 2025, and the final date to submit loan applications is October 3, 2025. Orleans Parish is the primary area affected, with neighboring parishes Jefferson, Plaquemines, St. Bernard, and St. Tammany also included in the declaration.
Simple Explanation
The U.S. government is helping businesses in Louisiana after something really bad happened, so now they can get special loans to help them keep going. These loans are for places in and around New Orleans, and people have until October 2025 to ask for them.