On Oct. 15, SBA made economic injury drought loans available to OKL
SBA made Economic injury disaster loans (EIDLs) available to Oklahoma small businesses impacted by reduced revenues due to the drought that began Oct. 1, 2024.
In addition, covers certain designated counties in neighboring Kansas and Texas.
Noted that small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture and most private nonprofits may qualify for EIDLs of up to $2 million.
The EIDLs are intended to help meet financial obligations and operating expenses.
Application Deadline
Completed EIDL applications must be submitted to the SBA by Jun. 9, 2025.
