SBA Offers Relief to LOU Businesses

Published on: Apr 23, 2025

On Apr. 16, SBA offered relief to Louisiana businesses, nonprofits.

  • SBA offers relief to Louisiana businesses, nonprofits and residents affected by Mar. 29 to Apr. 2 storms as requested by Governor for physical damage and economic losses.
  • Covers 5 parishes as listed in the declaration and includes physical disaster loans for actual damage and Economic injury disaster loans (EIDLs) for economic losses.
  • Application Deadline
  • Deadline for physical damage applications is Jun. 16, 2025; for EIDLs Jan. 16, 2026.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR LA 21049-01, 4/16/2025
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
Apr 16, 2025
Effective Date
Jun 16, 2025
Rule ID
251559
Linked to
N/A
Reg. Last Update
Apr 16, 2025
Report Section
US Consumer