The Small Business Administration has issued a notice declaring a disaster in Tennessee due to an explosion that occurred on December 25, 2020. This declaration allows for disaster loan applications to be submitted to the SBA's Processing and Disbursement Center or other specified locations. Residents in Davidson County and the surrounding counties of Cheatham, Robertson, Rutherford, Sumner, Williamson, and Wilson are eligible. The deadline for physical loan applications is March 29, 2021, and for Economic Injury Disaster Loan (EIDL) applications, it is October 28, 2021.
Simple Explanation
The government is helping people in Tennessee who were affected by a big explosion on December 25, 2020, by letting them apply for special loans to fix their homes or businesses. These loans are like borrowing money that you pay back later, and the people living in certain areas around where the explosion happened can ask for this help.