On Jun. 25, SBA reported loans available in Kansas due to drought.
SBA reported Economic Injury Disaster Loans available to Kansas small businesses.
Loans for economic losses due to reduced revenues caused by drought, began Apr. 16.
Eligibility
Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofit organizations any size may qualify, up to $2mn.
Primary Kansas counties: Barber, Comanche, Harper, Kingman, Kiowa, and Sumner.
Neighboring Kansas counties: Butler, Clark, Cowley, Edwards, Ford, Pratt, Reno and Sedgwick; neighboring Oklahoma counties: Alfalfa, Grant, Harper, Kay and Woods
Loan Terms
These loans have an interest rate of 4 percent for businesses and 3.25 percent for private nonprofit organizations, as well as a maximum term of thirty years.
Deadline
The deadline to apply for Economic Injury Disaster Loans is Feb. 18, 2025.