SBA Tennessee Drought Victims Relief

Published on: Apr 10, 2025

On Apr. 4, SBA offered aid to TN small businesses, private nonprofits.

  • SBA offered disaster relief to Tennessee small businesses and private nonprofits affected by the severe autumn drought that occurred Aug. 1 to Dec. 1, 2024.
  • Highlights
  • Under the declaration, Economic injury disaster loans (EIDLS) are available to small businesses, agricultural coops, and private nonprofits in designated areas.
  • EIDLs are for working capital and do not require borrower have physical damage.
  • Deadline
  • The deadline to return economic injury applications is Nov. 28, 2025.
Regulators
SBA
Entity Types
Corp
Reference
PR 25-363, 4/4/2025
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
Apr 4, 2025
Effective Date
Nov 28, 2025
Rule ID
250062
Linked to
N/A
Reg. Last Update
Apr 4, 2025
Report Section
US Consumer