SBA OKL Drought Disaster Loans

Published on: Nov 6, 2024

On Nov. 1, SBA offered disaster loans to Oklahoma small businesses.

  • SBA made Economic Injury Disaster Loans (EIDLs) available for Oklahoma small firms.
  • Loans to offset economic losses incurred because of reduced revenues caused by the drought that began on Sep. 3, 2024, in six Oklahoma and two neighboring TX counties
  • Aid for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofits with economic losses from the drought event.
  • Deadline
  • The deadline to submit applications for economic injury is Jun. 30, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR OK 20846-01, 11/1/2024
Functions
BCS; Compliance; Financial; Legal; Operations; Risk
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan
Rule Type
Final
Regions
Am
Rule Date
Nov 1, 2024
Effective Date
Jun 30, 2025
Rule ID
231902
Linked to
Reg. Last Update
Nov 1, 2024
Report Section
US Consumer