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SBA announces disaster loan assistance for Wilson County storm survivors

5763546 · August 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A Small Business Administration official told the Wilson County steering committee that low-interest disaster loans are available after April storms; SBA has approved about $1.9 million in loans and offered application deadlines and help for applicants.

Danita Pasley, a representative of the Small Business Administration’s Office of Disaster Recovery and Resilience, told the Wilson County steering committee that the SBA is making low-interest disaster loans available to households, small businesses and nonprofits after storms in April 2025 and a presidential disaster declaration issued in June 2025.

Pasley said the SBA has approved about $1,900,000 in loans under the current declaration. She described three main types of assistance: physical-damage disaster loans for homeowners and renters, economic injury disaster loans to provide working…

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