2025-01081NoticeWallet

Administrative Declaration of an Economic Injury Disaster for the State of Texas

Published Date: 1/17/2025

Notice

Summary

Texas businesses and small farms in Webb and nearby counties hit by an E. coli water problem can now apply for special low-interest disaster loans to help recover. These loans, with rates as low as 3.25%, are available until October 14, 2025, giving affected folks plenty of time to get financial help. This boost aims to ease the economic pain from the water crisis that lasted from October 10 to 21, 2024.

Free Policy Watch

New rules are filed every week. Most people never see them.

Pick a topic. PRIA watches every federal rule and tells you when one hits your household.

Pick a topic to get started

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Disaster Loans for Texas Businesses

If you run a small business or small agricultural cooperative in Webb County or the listed contiguous Texas counties, you can apply for an Economic Injury Disaster Loan (EIDL) related to the October 10–21, 2024 E. coli water incident. Businesses and small agricultural cooperatives without credit available elsewhere may get loans at a 4.000% interest rate; applications are available through the MySBA Loan Portal and are due by October 14, 2025.

Low-Interest Loans for Nonprofits

Non-profit organizations in Webb County and the listed contiguous Texas counties affected by the October 10–21, 2024 E. coli water incident may apply for Economic Injury Disaster Loans. Non-profits without credit available elsewhere may be eligible for loans at a 3.250% interest rate; apply through the MySBA Loan Portal by October 14, 2025.

Your PRIA Score

Score Hidden

Personalized for You

How does this regulation affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Key Dates

Effective Date
Published Date
1/13/2025
1/17/2025

Department and Agencies

Department
Independent Agency
Source: View HTML
Back to Federal Register

Take It Personal

Get Your Personalized Policy View

Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in