Search Results for keywords:"physical damage loans"

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Search Results: keywords:"physical damage loans"

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  • 2024-28567 — Presidential Declaration of a Major Disaster for Public Assistance Only for the Confederated Tribes of the Colville Reservation
    Type:Notice
    Citation:89 FR 97154
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a Presidential declaration for a major disaster, limited to Public Assistance, for the Confederated Tribes of the Colville Reservation due to wildfires that occurred from July 17, 2024, to August 21, 2024. The declaration allows specified Private Non-Profit organizations to apply online for disaster loans to address challenges posed by the incident. The deadline for applying for physical damage loans is January 27, 2025, and for economic injury loans is August 26, 2025. Affected organizations can seek further information and assistance from the SBA's disaster assistance services.

    Simple Explanation

    The government said that because there were big fires on the Colville Reservation, which is like a special area for a group of Native American tribes, they can now get help to fix things and get loans to fix damages or help keep businesses running. These tribes have until January 2025 to ask for help to fix broken stuff and until August 2025 to ask for help if they lost money because of the fires.

  • 2024-28273 — Administrative Declaration of a Disaster for the State of New York
    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.

  • 2025-00420 — Presidential Declaration Amendment of a Major Disaster for the State of South Carolina
    Type:Notice
    Citation:90 FR 2772
    Reading Time:less than a minute

    The U.S. Small Business Administration announced an amendment to the Presidential declaration of a major disaster in South Carolina, which was initially made because of Hurricane Helene. This amendment extends the deadline for filing applications for physical damage loans to January 28, 2025. The disaster declaration originally set out by FEMA-4829-DR remains the same otherwise. Those affected can apply for assistance through the MySBA Loan Portal.

    Simple Explanation

    The government said that people in South Carolina who had their homes damaged by a big storm named Hurricane Helene have more time to ask for help fixing things. They now have until January 28, 2025, to ask for this help.

  • 2021-00228 — Presidential Declaration Amendment of a Major Disaster for the State of Louisiana
    Type:Notice
    Citation:86 FR 2023
    Reading Time:less than a minute

    The Small Business Administration announced Amendment 2 to the Presidential declaration of a major disaster for Louisiana due to Hurricane Delta, which occurred from October 6 to October 10, 2020. This amendment includes the Parishes of Allen and Iberia in the disaster declaration, making them eligible for both physical damage and economic injury loans. Loan applications should be sent to the SBA's Processing and Disbursement Center in Fort Worth, with deadlines on December 15, 2020, for physical loans and July 16, 2021, for economic injury loans. All other details from the original declaration remain unchanged.

    Simple Explanation

    The government decided to help some places in Louisiana that got hurt by a big storm by giving them money to fix things and keep their businesses running. They picked two areas to get this help, but the announcement came after one of the important dates to ask for this help, which might be confusing.

  • 2025-03754 — Presidential Declaration Amendment of a Major Disaster for the Commonwealth of Kentucky
    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.

  • 2025-03943 — Presidential Declaration Amendment of a Major Disaster for the State of California
    Type:Notice
    Citation:90 FR 11867
    Reading Time:less than a minute

    The U.S. Small Business Administration has issued a notice amending the Presidential disaster declaration for California due to wildfires and straight-line winds, initially declared on January 8, 2025. This amendment extends the deadline for filing applications for physical damage loans to March 31, 2025, while the deadline for Economic Injury Disaster Loans (EIDL) is set for October 8, 2025. Those affected can apply for disaster assistance loans online via the MySBA Loan Portal. All other details from the original declaration remain unchanged.

    Simple Explanation

    The U.S. Small Business Administration is updating how long people have to ask for help after fires and strong winds hit California, giving them more time to apply for certain kinds of help. People can now ask for a type of help until the end of March 2025, while another kind of help can be asked for until October 2025, and they can do this online.

  • 2025-02950 — Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of California
    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.

  • 2025-05079 — Administrative Declaration of a Disaster for the State of Texas
    Type:Notice
    Citation:90 FR 13818
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice of an administrative disaster declaration for Texas due to the Welder Complex Fire, dated March 19, 2025. Affected areas include San Patricio County and several neighboring counties. This notice enables businesses in these areas to apply for disaster loans through the MySBA Loan Portal. Deadlines for loan applications are May 19, 2025, for physical damage and December 19, 2025, for economic injury loans.

    Simple Explanation

    The U.S. Small Business Administration has announced that because of a big fire called the Welder Complex Fire in Texas, businesses in certain areas can get help by applying for special disaster loans. They have until May 19, 2025, to ask for help with fixing things that got damaged and until December 19, 2025, to ask for help if the fire hurt their business money-wise.

  • 2024-28822 — Presidential Declaration Amendment of a Major Disaster for the Havasupai Tribe
    Type:Notice
    Citation:89 FR 97691
    Reading Time:less than a minute

    The U.S. Small Business Administration issued an amendment to the Presidential declaration of a major disaster for the Havasupai Tribe, originally declared on October 25, 2024. This amendment concerns the flooding incident that occurred from August 22 to August 23, 2024. The deadline for applying for physical damage loans due to this disaster has been pushed back to January 17, 2025, while the deadline for Economic Injury Disaster Loans is set for July 25, 2025. All other aspects of the original declaration remain the same.

    Simple Explanation

    The President changed a special help plan for the Havasupai Tribe to give more time for asking for money to fix things after a big flood. Now, they can ask for help until January 17, 2025, for fixing damage, and until July 25, 2025, if the flood hurt their businesses.

  • 2025-04262 — Presidential Declaration Amendment of a Major Disaster for the State of West Virginia
    Type:Notice
    Citation:90 FR 12440
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued an amendment to the Presidential declaration of a disaster in West Virginia due to severe storms, winds, flooding, landslides, and mudslides that started on February 15, 2025, and are ongoing. This amendment includes Logan and Wayne counties as areas eligible for physical damage and economic injury loans, with neighboring counties in Kentucky and Ohio eligible for economic injury loans only. The physical loan application deadline is April 28, 2025, and the economic injury loan application deadline is November 26, 2025. People can apply for these loans through the MySBA Loan Portal.

    Simple Explanation

    In West Virginia, there was bad weather with storms and mudslides, so the government is offering loans to help people fix damage. People can ask for these loans online until April 28, 2025, for repairs or until November 26, 2025, for business help, but it's not clear how fast they can get the money.

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