On Nov. 2, SBA offered drought disaster loans in KNY, IDNA and OH.
SBA reported $2 million Economic Injury Disaster Loans (EIDLs) available for the States of Kentucky, Indiana and Ohio, due to drought which began on Jun. 1, 2024.
Loans to offset economic losses incurred because of revenues reduced by drought.
Aid for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofits with economic losses from this disaster event.
Deadline
Reported that the funds for the Disaster Loan Program have been fully expended.
Applicants encouraged to submit applications promptly for review for future funding.
The deadline to submit applications for economic injury is Jun. 30, 2025.