SBA OKL Economic Injury Loans

Published on: Oct 31, 2024

On Oct. 28, SBA made economic injury loans available to OKL firms.

  • SBA made Economic injury disaster loans available to Oklahoma small businesses due to lost revenues resulting from a drought in 35 counties beginning Oct. 15, 2024.
  • Available to small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture and most private nonprofits may qualify for EIDLs of up to $2 million.
  • Application Deadline
  • Completed EEIDL loan applications must be submitted to SBA by June. 18, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR OK 20838-01, 10/28/2024
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 28, 2024
Effective Date
Jun 18, 2025
Rule ID
231452
Linked to
N/A
Reg. Last Update
Oct 28, 2024
Report Section
US Consumer