SBA Relief MD Businesses Heatwave

Published on: Dec 11, 2024

On Dec. 7, SBA reported disaster aid was available for heatwaves.

  • SBA made low-interest Economic injury disaster loans (EIDLs) available for Maryland businesses hit by recent heatwaves beginning on Jun. 6 through Oct. 22, 2024.
  • Small businesses, agricultural cooperatives, businesses engaged in aquaculture, and most private nonprofits with economic losses due to the drought are eligible.
  • Follows MD LEG preparedness declaration regarding extreme heat, see #216621.
  • Application Deadline
  • Completed loan applications must be submitted to SBA by Jul. 28, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-200, 12/7/2024
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
Dec 7, 2024
Effective Date
Jul 28, 2025
Rule ID
236248
Linked to
Reg. Last Update
Dec 7, 2024
Report Section
US Consumer