SBA Microwave Tower Fire Disaster

Published on: Oct 31, 2024

On Oct. 30, SBA offered disaster loans to Oregon small businesses.

  • SBA reported $2mn Economic Injury Disaster Loans (EIDLs) are available in Oregon.
  • Loans offset economic losses because of reduced revenues caused by the Microwave Tower fire that occurred in the period starting Jul. 22 through Aug. 11, 2024.
  • Aid for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, most private nonprofits with economic losses from the fire event.
  • Deadline
  • Reported that the funds for the Disaster Loan Program have been fully expended.
  • Applicants encouraged to submit applications promptly for review for future funding.
  • The deadline to submit applications for economic injury is Jul. 29, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR OR 20844-01, 10/30/2024;
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
Oct 30, 2024
Effective Date
Jul 29, 2025
Rule ID
231436
Linked to
N/A
Reg. Last Update
Oct 30, 2024
Report Section
US Consumer