SBA Disaster Loan Offered TX Drought

Published on: Oct 2, 2024

On Sep. 26, SBA made disaster loans available for TX drought.

  • SBA made Economic injury disaster loans (EIDLs) working capital loans available to small businesses in Texas due to the drought that began on Sep. 17, 2024.
  • Eligibility
  • Small nonfarm businesses in 29 Texas counties and neighboring counties in Oklahoma are now eligible to apply for low interest federal disaster loans from the SBA.
  • Primary Texas counties are Archer, Cottle, Foard, Hall, Hemphill, King, Lipscomb and Wichita, Baylor, Briscoe, Childress, Clay, Collingsworth, Dickens, Donley, Gray,
  • Hardeman, Haskell, Jack, Kent, Knox, Motley, Ochiltree, Roberts, Stonewall, Wheeler, Throckmorton,Wilbarger Young; OKL counties Beaver, Cotton, Ellis, Roger Mill, Tillman
  • Application Deadline
  • The deadline to apply for economic injury is May 23, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR TX 20693-01, 9/26/2024;
Functions
BCS; Financial; Operations; Reporting; Treasury
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan
Rule Type
Final
Regions
Am
Rule Date
Sep 26, 2024
Effective Date
May 23, 2025
Rule ID
227913
Linked to
N/A
Reg. Last Update
Sep 26, 2024
Report Section
US Consumer