SBA NC Drought Working Capital Loans

Published on: Oct 30, 2024

On Oct. 25, SBA made economic injury drought loans available to NC.

  • SBA made Economic injury disaster loans (EIDLs) available to North Carolina small businesses with losses from drought, excessive heat occurring May 1-Jul. 31, 2024.
  • Declaration also includes counties in South Carolina, Tennessee, Virginia.
  • The EIDLs are intended to help meet financial obligations and operating expenses.
  • Application Deadline
  • Completed EIDL applications must be submitted to the SBA by Jun. 23, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-057, 10/25/2024
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
Oct 25, 2024
Effective Date
Jun 23, 2025
Rule ID
231294
Linked to
N/A
Reg. Last Update
Oct 25, 2024
Report Section
US Consumer