SBA KNS Drought Disaster Assistance


On May 24, SBA reported disaster aid available for KNS businesses.


  • SBA reported that economic injury disaster loans (EIDLs) areavailable to KNS small businesses to offset loss of revenues caused by the drought that began May 14, 2024.
  • US Secretary of Agriculture designated an agricultural disaster on May 20, 2024.
  • Eligibility
  • Economic injury disaster loans available in primary counties of Hodgeman and Pawnee.
  • Also, neighboring Barton, Edwards, Finney, Ford, Gray, Ness, Rush, Stafford counties.
  • Small nonfarm businesses, agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofits of any size may qualify for loans up to $2mn.
  • To meet financial obligations which could have been met if disaster had not occurred.
  • Eligibility is based on financial impact of disaster only and not on any actual damage.
  • Deadline
  • Completed EIDL applications must be submitted to SBA by Jan. 21, 2025.

Regulators SBA
Entity Types Corp
Reference PR KS 20355-01, 5/24/2024;
Functions BCS; Compliance; Financial; Legal; Operations
Countries United States of America
Category
State
Products Corporate; Loan
Regions Am
Rule Type Final
Rule Date 5/24/2024
Effective Date 1/21/2025
Rule Id 213447
Linked to N/A
Reg. Last Update 5/24/2024
Report Section US Investment

Last substantive update on 05/29/2024