SBA Kansas Disaster Loans Available

Published on: Jun 28, 2024

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.
Regulators
SBA
Entity Types
Corp
Reference
PR KS 20410-01, 6/24/2024;
Functions
BCS; Compliance; Financial; Legal; Operations
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan
Rule Type
Final
Regions
Am
Rule Date
Jun 24, 2024
Effective Date
Feb 18, 2025
Rule ID
217092
Linked to
N/A
Reg. Last Update
Jun 24, 2024
Report Section
US Investment