2025-19751NoticeWallet

Kentucky Businesses Get More Time for Storm Recovery Loans

Published Date: 11/2/2025

Notice

Summary

Kentucky’s disaster declaration for severe storms and tornadoes in May 2025 got a quick update: the deadline to apply for economic injury loans now extends to February 23, 2026. This means businesses and residents affected by the disaster have more time to get financial help. Other details stay the same, so don’t miss out on this extended chance to recover!

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

EIDL Application Deadline Extended

If your Kentucky business was harmed by the May 16–17, 2025 storms, you now have until February 23, 2026 to apply for Economic Injury Disaster Loans (EIDL) from the U.S. Small Business Administration. Apply through the MySBA Loan Portal at https://lending.sba.gov before that date.

Physical Disaster Loan Deadline Confirmed

If your home or property in Kentucky was damaged in the May 16–17, 2025 storms, the deadline to apply for SBA physical disaster loans is August 22, 2025. Use the MySBA Loan Portal at https://lending.sba.gov to submit a physical damage loan application by that date.

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Key Dates

Effective Date
Published Date
10/29/2025
11/2/2025

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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