SBA Texas Drought Disaster Loans

Published on: Oct 25, 2024

On Oct. 22, SBA made disaster loans available for Texas drought.

  • SBA made Economic injury disaster loans (EIDLs) available to small businesses in TX.
  • Also in Oklahoma counties with losses due to droughts that began Oct. 8, 2024.
  • Release designated certain Texas counties and others in OKL eligible for EIDLs.
  • These loans offset economic losses suffered by victims because of reduced revenues caused by the droughts in the designated primary and adjacent TX and OKL counties.
  • Application Deadline
  • Completed applications for EIDLs must be submitted to SBA by Jun. 16, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR TX 20809-01, 10/22/2024;
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
Oct 22, 2024
Effective Date
Jun 16, 2025
Rule ID
230759
Linked to
N/A
Reg. Last Update
Oct 22, 2024
Report Section
US Investment