White House Tennessee Disaster Aid

On Dec. 13, White House declared TN disaster due to tornadoes.

  • White House approved TN disaster declaration for Dec. 9, severe storms, tornadoes.
  • Disaster Assistance
  • President’s action makes federal funding available to affected individuals in the Tennessee counties of Davidson, Dickson, Montgomery, and Sumner.
  • Assistance includes temporary housing, home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and businesses.
  • Aid is limited to direct federal aid in Davidson, Dickson, Montgomery, Sumner counties.
  • Funding available on a cost-sharing basis for hazard mitigation measures statewide.
  • Dec. 2023 SBA Assistance
  • On Dec. 156, 2023, SBA offered assistance to those businesses and residents of Tennessee affected by the severe storms and tornadoes of Dec. 9, 2023.
  • Counties above are eligible for physical and Economic injury disaster loans (EIDLs).
  • EIDLs only are available to businesses in Trousdale, Williamson, Wilson Counties in Tennessee, and to Allen, Christian, Simpson, and Todd Counties in Kentucky.
  • For small businesses, agricultural cooperatives, businesses engaged in aquaculture and most private nonprofits, SBA offers EIDLs to help meet working capital needs.
  • EIDLs are available regardless of whether business suffered any property damage.
  • Filing deadline for physical damage is Feb. 12, 2024; for EIDLs it is Sep. 13, 2024.
  • Dec. 21, 2023 SBA Updated Declaration
  • On Dec. 21, 2023, SBA published update to declaration of disaster in federal register.
  • Notice states that SBA is making EIDLs available in Cheatham, Hickman, Houston, Humphreys, Macon, Rutherford, as well as Stewart counties in Tennessee.
  • Numbers assigned for physical damage is 20131C and for economic injury 201220.
  • In Dec. 2023, FDIC issued regulatory relief for banks given Dec. storms, see #195915.
  • In Dec. 2023, US IRS extended tax filing deadline for storm victims, see #196294.
  • Mar. 2024 SBA Fed Reg Notice of Administrative Declaration
  • On Mar. 7, 2024, SBA published notice of declaration of disaster in federal register.

Regulators SBA; White House
Entity Types CNSM; Corp
Reference SBA: 89 FR 16603, 3/7/2024; 88 FR 88466, 12/21/2023; PR 24-121, 12/15/2023; White House: PR, 12/13/2023
Functions BCS; Compliance; Financial; Legal; Operations
Countries United States of America
Products Corporate; Loan
Regions Am
Rule Type Final
Rule Date 12/13/2023
Effective Date 4/30/2024
Rule Id 194650
Linked to N/A
Reg. Last Update 3/7/2024
Report Section US Investment

Last substantive update on 03/11/2024