SBA Disaster Aid Lynnfield Fire

Published on: Nov 1, 2024

On Oct. 29, SBA issued disaster aid in Massachusetts for Lynnfield fire.

  • SBA made Economic injury disaster loans (EIDLs) available to Massachusetts small businesses following six-alarm Lynnfield, MA strip mall fire on Sep. 10, 2024.
  • Available to small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture, and most private nonprofits that may qualify to up to $2 million EIDL.
  • Application Deadline
  • Completed EIDL loan applications must be submitted to SBA by Jul. 28 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
MA LEG PR, 10/30/2024; SBA PR 25-069, 10/29/2024
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
Oct 29, 2024
Effective Date
Jul 28, 2025
Rule ID
231567
Linked to
N/A
Reg. Last Update
Oct 29, 2024
Report Section
US Consumer