On Apr. 1, SBA reported loans available for Tennessee businesses.
SBA reported Economic Injury Disaster Loans (EIDLs) available for small businesses and private nonprofits in Tennessee affected by drought that started on Nov. 15, 2024.
For eligible small businesses, small agricultural co-ops, nurseries, nonprofits and not for agricultural producers, farmers, or ranchers, except for aquaculture enterprises.
Effectiveness
The completed EIDL applications must be submitted to the SBA by Nov. 25, 2025.