SBA MI Freeze Victims Disaster Aid

Published on: Dec 27, 2024

On Dec. 19, SBA reported loans available to MI victims of Jan. freeze.

  • SBA offered relief in the form of Economic injury disaster loans (EIDLs) to Michigan businesses in five counties hit by last winter's freeze lasting Jan. 15 to Mar. 31, 2024.
  • Application Deadline
  • Completed EIDL loan applications must be submitted to SBA by Aug. 11, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-220, 12/19/2024
Functions
AML; BCS; Compliance; Financial; Operations; Risk
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan; Mortgage
Rule Type
Final
Regions
Am
Rule Date
Dec 19, 2024
Effective Date
Aug 11, 2025
Rule ID
238193
Linked to
N/A
Reg. Last Update
Dec 19, 2024
Report Section
US Consumer