Monday, May 12th 2025, 7:52 pm
The Small Business Administration said applications are still open for Oklahoma small businesses and nonprofits that were impacted by the drought that started in October of 2024.
Who’s Eligible?
The disaster declaration for drought covers the following counties:
Atoka, Bryan, Canadian, Carter, Cherokee, Choctaw, Comanche, Cotton, Craig, Creek, Delaware, Garfield, Garvin, Grady, Jefferson, Johnston, Kingfisher, Lincoln, Logan, Love, Marshall, Mayes, Noble, Nowata, Oklahoma, Osage, Ottawa, Pawnee, Payne, Rogers, Stephens, Tulsa, Wagoner and Washington.
What Loans Are Available?
The Economic Injury Disaster Loan, or EIDL, can help small businesses, small co-ops, nurseries and PNPs that have losses directly related to the drought. This program is not for farmers and ranchers.
How Much Can I Get?
Up to $2 million with interest rates as low as 4%.
How Can I Apply?
Visit SBA.gov/disaster or call the SBA at 800-659-2955
When Is the Deadline?
June 9th
May 12th, 2025
May 12th, 2025
May 12th, 2025