The U.S. Small Business Administration (SBA) announced that federal Economic Injury Disaster Loans (EIDLs) are available for Cherokee County and Dekalb County, Alabama small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to the drought that began on December 15, 2023.
Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.
Filing Deadline: November 25, 2024
CLICK HERE TO DOWNLOAD ELIGIBILITY & REQUIREMENTS
Economic Injury Disaster Loans: Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.
Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (if you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services), or sending an email to DisasterCustomerService@sba.gov.
Information about declared disasters, affected areas, and loan applications available at https://lending.sba.gov/search-disaster/
Completed applications should be mailed to:
U.S. Small Business Administration, Processing and Disbursement Center
14925 Kingsport Road,
Fort Worth, TX 76155
