Search Results for keywords:"Economic Injury Loans"

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Search Results: keywords:"Economic Injury Loans"

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  • 2025-04568 — Administrative Disaster Declaration of a Rural Area for the State of Alaska
    Type:Notice
    Citation:90 FR 12920
    Reading Time:about a minute or two

    The U.S. Small Business Administration (SBA) has issued a notice regarding an administrative disaster declaration for a rural area in the State of Alaska. This declaration was made due to severe storms and flooding that occurred from October 20 to October 23, 2024. The SBA is offering disaster loans to affected areas, specifically targeting the Northwest Arctic Borough, and applications can be submitted online through their portal. The deadline for physical loan applications is May 12, 2025, and for economic injury loans, it is December 15, 2025.

    Simple Explanation

    The government is helping people in a part of Alaska because of bad weather like floods. They are giving out special loans to help fix things, and people need to apply before certain dates to get the help.

  • 2021-02881 — Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Maryland
    Type:Notice
    Citation:86 FR 9419
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice about a major disaster declaration for the state of Maryland due to Tropical Storm Isaias. This disaster declaration allows certain Private Non-Profit organizations that offer essential government-like services to apply for loans to help with physical and economic damages. The storm took place from August 3 to August 4, 2020, and the affected counties include Calvert, Dorchester, and Saint Mary's. The deadline for physical loan applications is April 5, 2021, and for economic injury loan applications, it's November 4, 2021.

    Simple Explanation

    The U.S. government said that because of a big storm called Isaias, they will help some special groups in Maryland by letting them borrow money to fix things and keep running. This is because the storm damaged places in Maryland, like Calvert, Dorchester, and Saint Mary's, in early August 2020.

  • 2025-04581 — Administrative Declaration of a Disaster for the State of New York
    Type:Notice
    Citation:90 FR 12920
    Reading Time:about a minute or two

    The U.S. Small Business Administration has declared a disaster in the State of New York due to a Five Alarm Apartment Building Fire, effective from March 13, 2025. Residents of affected counties, including the Bronx and its surrounding areas, can apply for disaster loans via the MySBA Loan Portal. The deadline to apply for physical damage loans is May 12, 2025, and for economic injury loans, it is December 15, 2025. For additional information or assistance, individuals can contact the Office of Disaster Recovery & Resilience at the SBA.

    Simple Explanation

    The Small Business Administration is helping people in New York after a big fire by giving them loan money to fix things or help their businesses. People who want this help can ask for it by using a special online form, and they need to apply before certain dates in May and December.

  • 2025-01588 — Administrative Declaration of a Disaster for the State of Texas
    Type:Notice
    Citation:90 FR 8087
    Reading Time:about a minute or two

    The U.S. Small Business Administration has issued a notice about a disaster declaration for Texas, resulting from severe storms, tornadoes, and straight-line winds. This declaration, dated January 16, 2025, enables those affected in certain Texas counties to apply for disaster loans. Applications for physical damage loans are due by March 17, 2025, while economic injury loan applications are due by October 16, 2025. Interested applicants can apply online through the MySBA Loan Portal or contact the customer service center for assistance.

    Simple Explanation

    The government announced that people in Texas affected by big storms and tornadoes can ask for help to fix their homes or businesses by March 17, 2025, and for financial assistance by October 16, 2025. They can apply online, but details like how much money is available or what exactly they need to apply are not clearly explained.

  • 2021-04017 — Presidential Declaration Amendment of a Major Disaster for the State of Texas
    Type:Notice
    Citation:86 FR 11820
    Reading Time:about a minute or two

    The U.S. Small Business Administration has amended the Presidential declaration of a major disaster for Texas, originally dated February 19, 2021. This amendment includes more areas in Texas affected by the severe winter storms starting on February 11, 2021, offering Physical Damage and Economic Injury Loans to specific counties and Economic Injury Loans to several contiguous counties. The deadline to apply for Physical Loan applications is April 20, 2021, and for Economic Injury Loan applications, the deadline is November 19, 2021. The amendment does not change the remaining details of the original declaration.

    Simple Explanation

    The U.S. government added more places in Texas to a big help list after really bad winter storms, allowing people there to apply for special loans until November 2021 to fix damage or help their businesses.

  • 2025-04809 — Presidential Declaration Amendment of a Major Disaster for the Commonwealth of Kentucky
    Type:Notice
    Citation:90 FR 13395
    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 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.

  • 2024-28457 — Presidential Declaration of a Major Disaster for Public Assistance Only for the Commonwealth of Kentucky
    Type:Notice
    Citation:89 FR 96702
    Reading Time:about a minute or two

    The U.S. Small Business Administration announced a major disaster declaration solely for Public Assistance to help the Commonwealth of Kentucky, following the remnants of Hurricane Helene. This disaster declaration allows private non-profit organizations in affected Kentucky counties to apply for disaster loans online. The declaration was issued on November 26, 2024, covering an incident period from September 27, 2024, to September 30, 2024. Loan application deadlines are set for January 27, 2025, for physical loans, and August 26, 2025, for economic injury loans.

    Simple Explanation

    The president said that communities in Kentucky can get help through loans because a big storm caused damage. People who run charity groups can now apply for these loans to fix things up.