SBA Relief to TX Businesses, Residents

Published on: Mar 24, 2025

On Mar. 20, SBA offered relief to TX businesses, nonprofits, residents.

  • SBA offered relief to Texas businesses, nonprofits and residents affected by the March thunderstorms, straight line winds and tornadoes occurring on Mar. 4, 2025.
  • SBA issued a disaster declaration in response to request from Texas Governor Abbott.
  • Eligible parties may apply for physical damage and economic injury disaster loans.
  • Application Deadlines
  • Deadline to return physical damage forms is May 19, 2025; for EIDLs Dec. 19, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 20991-01, 3/20/2025
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
Mar 20, 2025
Effective Date
May 19, 2025
Rule ID
247688
Linked to
N/A
Reg. Last Update
Mar 20, 2025
Report Section
US Consumer