FEMA, SBA ARK Tornado, Flood Disaster

Published on: May 28, 2025

On May 23, FEMA reported White House approval of ARK disaster.

  • FEMA, SBA reported President Trump approved major disaster declaration for ARK.
  • Supplements recovery efforts in areas affected by tornadoes, floods Apr. 2-22, 2025.
  • Assistance can include grants for temporary housing and home repairs, other programs
  • SBA provided disaster loans to affected small businesses, residents, and non-profits.
  • Application Deadlines
  • Physical damage applications due Jul. 21, 2025; economic injury due Feb. 23, 2026.
Regulators
FEMA; SBA
Entity Types
CNSM; Corp
Reference
FEMA: PR HQ-25-050, 5/23/2025; SBA: AR 21096-01, 5/23/2025;
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
May 23, 2025
Effective Date
Jul 21, 2025
Rule ID
256011
Linked to
N/A
Reg. Last Update
May 23, 2025
Report Section
US Consumer