On Feb. 22, SBA reported disaster loan program for NH flooding.
SBA reported that Economic injury disaster loans (EIDLs) are available in New Hampshire due to flooding, excessive moisture that occurred Jun. 15 to Nov. 1, 2023.
Eligibility
EIDLs are available small businesses, agricultural cooperatives, businesses engaged in aquaculture, and most private nonprofits with economic losses due to flooding.
Low-interest EIDLs are available in counties of Belknap, Carroll, Hillsborough, Merrimack, Rockingham and counties of Strafford in NH, York in ME, and Essex in MA.
The program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of flooding and excessive moisture disaster.
These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid by applicant had the disaster not occurred.
Application Deadline
Completed loan applications for EIDLs must be submitted to SBA by Oct. 15, 2024.
