SBA Michigan Flash Flood Storm Relief

Published on: Dec 27, 2024

On Dec. 19, SBA offered loans due to MCH excessive Jul. rain, flooding

  • SBA offered Economic Injury Disaster Loans (EIDLs) for Michigan small businesses due to the excessive rain and flash flooding that occurred from Jul. 9 - Jul. 10, 2024.
  • Available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of disaster, but not agricultural producers, farmers, ranchers.
  • Deadline
  • Loan applications for disaster relief must be submitted to the SBA by Aug. 11, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-223, 12/19/2024
Functions
BCS; Compliance; Reporting
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan
Rule Type
Final
Regions
Am
Rule Date
Dec 19, 2024
Effective Date
Aug 11, 2025
Rule ID
238206
Linked to
N/A
Reg. Last Update
Dec 19, 2024
Report Section
US Consumer