SBA Offers Maryland Drought Relief

Published on: Apr 8, 2025

On Apr. 1, SBA made aid available to MD small businesses and PNPs.

  • SBA offers drought relief to Maryland small businesses and private nonprofits that sustained economic losses caused by the fall drought beginning Nov. 1, 2024.
  • Provisions
  • SBA Economic Injury Disaster Loans (EIDLs) are available to eligible small business, agricultural coops, nurseries and Private Nonprofits (PNPs) with related losses.
  • EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any actual physical damage.
  • Deadline
  • The deadline for submitting completed EIDL applications is Nov. 25, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-355, 4/1/2025
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 1, 2025
Effective Date
Nov 25, 2025
Rule ID
249596
Linked to
N/A
Reg. Last Update
Apr 1, 2025
Report Section
US Consumer