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SBA outlines disaster loans, economic injury assistance after April storms; application info shared
Summary
A Small Business Administration representative briefed the board and residents on physical-damage and economic-injury disaster programs tied to storms April 2–6, 2025, and provided application instructions via sba.gov/disaster.
Arlenece Green, representing the U.S. Small Business Administration, told the Board of Mayor and Aldermen about two disaster programs available after the severe storms and tornadoes of April 2–6, 2025.
Green said the first program covers physical damage for homeowners, renters, landlords, businesses and nonprofit organizations and stated the deadline to apply during the meeting as “July 2020.” She also described an Economic Injury Disaster Loan (EIDL) program for businesses that have suffered revenue loss even without physical damage; she said businesses typically have six months to a year before the full impact of economic injury is known and gave an application deadline for that program as February 2026.
Green directed interested applicants to the SBA’s disaster page at sba.gov/disaster and invited questions from the public. No formal action was required or taken by the board on the presentation; attendees were encouraged to contact SBA resources for application assistance.
