2025-02447NoticeWallet

Louisiana's Freaky Winter Storm Unlocks SBA Business Bailouts

Published Date: 2/11/2025

Notice

Summary

Louisiana businesses hit by the January 2025 winter storm can now apply for special disaster loans to help them bounce back. This means extra money and support are available starting February 5, 2025, to cover losses and keep things running. If you’re a small business owner in Louisiana, now’s the time to act and get the help you need!

Analyzed Economic Effects

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

EIDL disaster loans for Louisiana businesses

If you own a small business in Louisiana that was damaged by the January 2025 winter storm, you can apply for Economic Injury Disaster Loans (EIDL). The declaration was made on February 5, 2025, and loan assistance and support are available starting February 5, 2025 to help cover losses and keep your business operating.

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Key Dates

Effective Date
Published Date
2/5/2025
2/11/2025

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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