The US Small Business Administration announced last week that low-interest federal Economic Injury Disaster Loans disaster loans are now available. These loans are to help offset economic losses because of reduced revenues caused by drought that began Oct. 1, 2022.
Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
Please see the full PRESS RELEASE for full details and eligibility, as well as information on who to contact with questions.