SBA California Drought Loss Loans

Published on: Apr 2, 2025

On Mar. 28, SBA drought aid to CAL small businesses and nonprofits.

  • SBA offered federal disaster loans to California small businesses and private nonprofits (PNPs) affected by drought and its economic impact beginning on Oct. 1, 2024.
  • Aid is available to small businesses, agricultural cooperatives, nurseries and PNPs.
  • Loans available are Economic injury disaster loans (EIDLs), which cover economic losses even if no physical damage; they may be used for fixed debts, unpaid items.
  • Application Due Date
  • Completed EIDL applications must be submitted to SBA no later than Nov. 25, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR CA 21009-01, 3/28/2025
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
Mar 28, 2025
Effective Date
Nov 25, 2025
Rule ID
249013
Linked to
N/A
Reg. Last Update
Mar 28, 2025
Report Section
US Consumer