Kentucky Small Businesses Score Disaster Loans After Plane Crash Chaos
Published Date: 11/19/2025
Notice
Summary
Kentucky’s small businesses and nonprofits near Louisville can now apply for special low-interest disaster loans after a November 4 airplane crash caused economic harm. The loans help cover losses and keep businesses afloat, with applications open until August 17, 2026. This support also extends to nearby counties in Kentucky and Indiana, giving a financial boost where it’s needed most.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
EIDL loans for Louisville-area businesses
If you run a small business or nonprofit affected by the November 4, 2025 Louisville airplane crash, you can apply for Economic Injury Disaster Loans (EIDL). The declaration covers Jefferson County (primary) and contiguous counties (KY: Bullitt, Hardin, Oldham, Shelby, Spencer; IN: Clark, Floyd, Harrison). You may apply online through the MySBA Loan Portal, and the application deadline is August 17, 2026.
Low interest rates for eligible EIDL borrowers
SBA set interest rates for these EIDLs: 4.000% for businesses and small agricultural cooperatives without credit available elsewhere, and 3.625% for nonprofit organizations without credit available elsewhere. These rates apply to eligible applicants under the declared disaster (Economic Injury disaster number 213490).
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