SBA Virginia Drought, Heat Loans

Published on: Nov 28, 2024

On Nov. 25, SBA offered economic disaster loans to VA businesses.

  • SBA reported Economic Injury Disaster Loans (EIDLs) are available in Virginia.
  • For economic losses due to the drought and excessive heat that began Apr. 16, 2024.
  • Small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofits with economic losses are eligible.
  • Deadline
  • Completed loan applications must be submitted to the SBA no later than Jul. 15, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-159, 11/25/2024
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
Nov 25, 2024
Effective Date
Jul 15, 2025
Rule ID
234727
Linked to
N/A
Reg. Last Update
Nov 25, 2024
Report Section
US Consumer