SBA Texas Drought Disaster Loans

Published on: Nov 11, 2024

On Nov. 7, SBA made disaster loans available for Texas drought.

  • SBA made Economic injury disaster loans (EIDLs) available to businesses in 28 Texas counties with losses suffered as a result of the drought that began on Sep. 10, 2024.
  • These loans offset economic losses suffered by victims because of reduced revenues caused by the droughts in the designated primary and adjacent Texas counties.
  • Application Deadline
  • Completed applications for EIDLs must be submitted to SBA by Jul. 7, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR TX 20865-01, 11/7/2024
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
Nov 7, 2024
Effective Date
Jul 7, 2025
Rule ID
232714
Linked to
N/A
Reg. Last Update
Nov 7, 2024
Report Section
US Consumer