The U.S. Small Business Administration (SBA) announced an administrative disaster declaration for Mississippi due to severe storms and tornadoes that occurred from December 28-29, 2024. Applications for disaster assistance loans can be submitted online, and the deadline for physical damage loans is March 28, 2025, while the economic injury loans deadline is October 27, 2025. The primary affected counties include Oktibbeha and Wayne, with several contiguous counties in Mississippi and Alabama also affected. For more information or assistance, individuals can contact Alan Escobar at the SBA's Office of Disaster Recovery & Resilience.
Simple Explanation
The U.S. Small Business Administration is helping people in Mississippi because of big storms and tornadoes. They are giving loans to fix damage or help businesses, and people can apply until a certain date.