SBA WY Drought Economic Injury Aid

Published on: Oct 17, 2024

On Oct. 15, SBA made economic injury disaster loans available in WY.

  • SBA made Economic injury disaster loans (EIDLs) available to Wyoming small businesses due to reduced revenues from droughts that began Aug. 6., Aug. 13, 2024.
  • Noted that small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture and most private nonprofits may qualify for the EIDLs up to $2 million.
  • The EIDLs are intended to help meet financial obligations and operating expenses which could have been met by the disaster victims had the disasters not occurred.
  • Application Deadlines
  • The application deadline for EIDL for WY 20763 (Aug. 6, 2024) is May 30, 2025.
  • Also, the application deadline for EIDL for WY 20772 (Aug. 13, 2024) is Jun. 9, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR WY 20763-01, WY 20772-01, 10/15/2024
Functions
BCS; Compliance; Financial; Legal; Operations; Risk
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan; Mortgage
Rule Type
Final
Regions
Am
Rule Date
Oct 15, 2024
Effective Date
May 30, 2025
Rule ID
229806
Linked to
N/A
Reg. Last Update
Oct 15, 2024
Report Section
US Consumer