SBA UTA Drought Relief, Small Business

Published on: Apr 14, 2025

On Apr. 9, SBA offered relief to UTA small businesses and nonprofits.

  • SBA offered low interest federal disaster loans to Utah small businesses and private nonprofits (PNPs) affected by winter drought beginning on Jan. 28, 2025.
  • Relief available to small businesses and PNPs in Utah who sustained economic losses.
  • Per the declaration, Economic injury disaster loans (EIDLs) are available to small businesses, agricultural cooperatives, nurseries, PNPs with related financial losses.
  • EIDLs are available for working capital needs directly caused by the disaster and are available even if the small business or PNP did not suffer any actual physical damage.
  • Application Deadline
  • Completed EIDL loan applications mut be submitted to SBA no later than Dec. 1, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 21038-01, 4/9/2025
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
Apr 9, 2025
Effective Date
Dec 1, 2025
Rule ID
250366
Linked to
N/A
Reg. Last Update
Apr 9, 2025
Report Section
US Consumer