Sinkholes Gulping I-80 in NJ: Feds Unlock Emergency Business Loans
Published Date: 4/8/2025
Notice
Summary
New Jersey businesses near Interstate 80 in Morris County hit by sudden sinkholes can now apply for special disaster loans to help cover their losses. This declaration, effective April 2, 2025, means affected small businesses can get financial support to bounce back faster. Don’t wait—these loans offer a lifeline to keep your business strong during this rocky time!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
EIDLs for Morris County Sinkhole Damage
If your small business near Interstate 80 in Morris County, New Jersey was hit by sudden sinkholes, you can apply for Small Business Administration Economic Injury Disaster Loans under the declaration dated April 2, 2025. These disaster loans are offered to help cover business losses and provide financial support to help your business recover.
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