Search Results for keywords:"economic injury loans"

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Search Results: keywords:"economic injury loans"

  • Type:Notice
    Citation:89 FR 95891
    Reading Time:about a minute or two

    On November 26, 2024, the U.S. Small Business Administration declared a disaster in the State of New York due to severe storms and flooding that occurred from August 18 to August 19, 2024. Disaster loans can be applied for online through the MySBA Loan Portal, and applications for physical damage loans have a deadline of January 27, 2025, while economic injury loans can be applied for until August 26, 2025. Suffolk County is the primary area affected, with Nassau County also impacted. The declaration assigns specific numbers for tracking physical and economic injury damages for the affected areas.

    Simple Explanation

    The U.S. Small Business Administration said there's a disaster in part of New York because of big storms and flooding, so people can now ask for help if their homes or businesses got hurt. They can apply online to get money to fix things, and they need to do it by certain dates next year.

  • Type:Notice
    Citation:86 FR 6404
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) issued a notice about a major disaster declaration for the State of Louisiana due to Hurricane Zeta, which occurred from October 26 to October 29, 2020. As a result, residents and businesses in the affected areas can apply for disaster loans. Applications for physical damage loans must be submitted by March 15, 2021, while economic injury loan applications are due by October 12, 2021. The disaster primarily affects several parishes including Jefferson, Lafourche, and Orleans.

    Simple Explanation

    The government said that people and businesses in Louisiana hurt by a big storm called Hurricane Zeta can ask for help with special loans. They must sign up by certain dates to get this help.

  • Type:Notice
    Citation:90 FR 11639
    Reading Time:about a minute or two

    This notice from the U.S. Small Business Administration announces an amendment to the Presidential disaster declaration for Kentucky, originally declared on February 24, 2025. It details that the severe weather incidents include storms, straight-line winds, flooding, landslides, and mudslides starting from February 14, 2025. The amendment adds Estill, Johnson, and Simpson counties for both physical damage and economic injury loans, while several additional Kentucky and Tennessee counties are included for economic injury loans only. Loan applications can be submitted through the MySBA Loan Portal, with the deadline for physical damage loans on April 25, 2025, and for economic injury loans on November 24, 2025.

    Simple Explanation

    The government is helping people in Kentucky who were affected by big storms and floods by offering them money to fix things. They have added a few more areas that can also get this help.

  • Type:Notice
    Citation:90 FR 11867
    Reading Time:about a minute or two

    The U.S. Small Business Administration issued a notice regarding the Presidential declaration of a major disaster in West Virginia due to severe storms and flooding that began on February 15, 2025, and continue to affect the area. Residents of McDowell, Mercer, Mingo, and Wyoming counties can apply for both physical damage and economic injury loans, while neighboring counties can apply for economic injury loans only. The deadline for physical loan applications is April 28, 2025, and the deadline for economic injury loan applications is November 26, 2025. Additional information and applications can be accessed through the MySBA Loan Portal.

    Simple Explanation

    In February 2025, a big storm hit some parts of West Virginia, causing floods and landslides. The U.S. government is helping by offering loans so people can fix their houses and businesses.

  • Type:Notice
    Citation:86 FR 12066
    Reading Time:about 2 minutes

    The U.S. Small Business Administration has announced a presidential declaration of a major disaster in Texas due to severe winter storms that began on February 11, 2021. This declaration, issued on February 19, 2021, allows affected individuals and businesses in certain counties to apply for disaster loans. The deadline for physical damage loan applications is April 20, 2021, while the deadline for economic injury loan applications is November 19, 2021. Affected areas include numerous counties within Texas, including those eligible for both physical damage and economic injury loans, and contiguous areas in Texas, Louisiana, and Oklahoma eligible for economic injury loans.

    Simple Explanation

    The president said that Texas had a big problem with really cold weather, which started on February 11, 2021, so people and businesses there can ask for help through special loans to fix damage or keep their businesses running. They have to apply by April 20, 2021, for fixing things and by November 19, 2021, for business help.

  • Type:Notice
    Citation:90 FR 8168
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a major disaster declaration for California on January 15, 2025, due to wildfires and strong winds. This declaration allows certain non-profit organizations to apply for disaster loans to help with recovery. The application deadlines are March 17, 2025, for physical damage loans and October 15, 2025, for economic injury loans. Los Angeles county is one of the areas significantly affected, and applications can be submitted via the MySBA Loan Portal.

    Simple Explanation

    The U.S. government said there's a big problem in California because of wildfires and strong winds, and now some groups can ask for help with loans to fix things. But they didn't explain everything clearly, like how they decide which places need help or what kind of help they'll give.

  • Type:Notice
    Citation:86 FR 9419
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued an administrative disaster declaration for parts of Texas in response to Hurricane Laura, which occurred from August 23 to August 27, 2020. This allows individuals in the affected areas, including Newton, Orange, and Sabine counties, as well as neighboring counties, to apply for disaster loans. Applications for physical damage loans must be submitted by April 9, 2021, while those for economic injury loans have a deadline of November 8, 2021. Loans can be processed through the SBA's Processing and Disbursement Center in Fort Worth, Texas.

    Simple Explanation

    The U.S. Small Business Administration has announced that people in certain parts of Texas affected by Hurricane Laura can ask for special help, like loans, to fix things or keep their businesses going. They have to ask for this help by certain dates in 2021.

  • Type:Notice
    Citation:90 FR 6041
    Reading Time:about a minute or two

    The U.S. Small Business Administration has announced a presidential declaration of a major disaster for California due to wildfires and straight-line winds. This declaration allows affected individuals and businesses to apply for disaster assistance loans through the MySBA Loan Portal. The physical loan application deadline is March 10, 2025, and the economic injury loan application deadline is October 8, 2025. The disaster primarily impacts Los Angeles, with surrounding counties eligible for economic injury loans only.

    Simple Explanation

    The President said California had a big problem with fires and wind, so people there can ask for special money help through a website. They need to ask for help before March 10, 2025, or October 8, 2025, depending on what they need.

  • Type:Notice
    Citation:90 FR 10563
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) has announced an amendment to a previous declaration by the President related to a major disaster in California, specifically for public assistance due to wildfires and straight-line winds. The incident period for these natural disasters is updated to January 7, 2025, through January 31, 2025. Residents and businesses affected by these events can apply for physical damage loans until March 17, 2025, and for economic injury loans until October 15, 2025. More information and loan applications are available on the SBA’s lending website.

    Simple Explanation

    The President made changes to a previous announcement to help California after bad fires and strong winds. People and businesses affected can ask for help fixing damage until March 17, 2025, and for other financial help until October 15, 2025, on the SBA's website.

  • Type:Notice
    Citation:90 FR 13394
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued an amendment to the Presidential declaration of a major disaster for certain areas in Kentucky due to severe weather conditions, including storms, winds, flooding, landslides, and mudslides that started on February 14, 2025. This amendment adds several counties to the list of those considered adversely affected by the disaster. Residents and businesses in these areas can apply for disaster assistance loans online through the SBA's loan portal. The deadlines for loan applications are May 5, 2025, for physical damage and December 4, 2025, for economic injury loans.

    Simple Explanation

    The government is helping parts of Kentucky that got damaged by bad weather, like big storms and floods. People and businesses there can ask for help with special money to fix stuff that got broken.

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