On Aug. 30, SBA offered disaster loans to ARK small businesses.
SBA offered disaster assistance to Arkansas small businesses following economic losses that occurred as a result of excessive rain, winds, and flooding May 22, 2024.
Eligibility
Aid is available in Arkansas counties of Lee, Crittenden, Monroe, Phillips, and St. Francis, and neighboring MS county of Tunica, which was similarly affected by storms.
Small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture may qualify for Economic Injury Disaster Loans (EIDL) of up to $2mn.
To help meet expenses that could have been met if the disaster had not occurred.
Eligibility based on financial impact of disaster only and not on actual property damage
Application Deadlines
Deadline to apply for Economic Injury Disaster Loans is Apr. 21, 2025.
