On Sep. 13, SBA federal disaster loans available in MS due to drought.
SBA reported the availability of economic injury disaster loans (EIDLs) to MS small businesses suffering economic losses due to drought beginning on Aug. 29, 2023.
EIDL Loan Eligibility
Small nonfarm businesses eligible to apply for SBA low interest federal disaster loans.
Available in primary counties of Adams, Claiborne, Copiah, Forrest, Franklin, George.
Additionally, available in Hancock, Harrison, Jackson, Jefferson, Lamar, Lawrence, Lincoln, Marion, Pearl River, Pike, Stone and Walthall counties all located in Mississippi.
Also available to the contiguous counties of Amite, Covington, Greene, Hinds, Jefferson Davis, Jones, Perry, Rankin, Simpson, Warren and Wilkinson in MS; Mobile in ALA.
Available to Concordia, Saint Tammany, Tangipahoa, Tensas, Washington parishes LOU.
Loans of up to $2mn available, based on financial impact, not actual property damage.
Application Deadline
The EIDL loan application deadline for drought victims is May 6, 2024.
