SBA Drought Disaster Loans to MCH

Published on: Oct 28, 2024

On Oct. 23, SBA offered Economic Injury Loans due to MCH drought.

  • SBA reported federal Economic Injury Disaster Loans (EIDLs) are available in Michigan
  • Aid for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofits with economic losses from drought starting Oct.8
  • Deadline
  • Economic injury disaster loan applications to be submitted no later than Jun. 16, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-054, 10/23/2024
Functions
BCS; Compliance; Financial; Legal; Operations; Risk
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan
Rule Type
Final
Regions
Am
Rule Date
Oct 23, 2024
Effective Date
Jun 16, 2025
Rule ID
230787
Linked to
N/A
Reg. Last Update
Oct 23, 2024
Report Section
US Consumer