WV Flood Victims Get Extra Time for SBA Loans

2025-02741, HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs; Correction

The SBA fixed some small but important mistakes in its recent HUBZone and small business program rules to make things clearer and fairer. These corrections affect small businesses using HUBZone and other SBA programs, especially around size protests and financial reporting. The fixes take effect on February 18, 2025, helping businesses avoid confusion and unnecessary paperwork.

2026-20548, Administrative Disaster Declaration of a Rural Area for the State of Missouri

Missouri’s rural areas in Crawford and Reynolds counties got hit hard by storms, winds, and flooding in July 2026. The government declared a disaster, opening the door for low-interest loans to help homeowners, businesses, and nonprofits recover. You’ve got until December 1, 2026, to apply for physical damage loans and until July 6, 2027, for economic injury loans—so don’t wait!

2026-20544, Presidential Declaration of a Major Disaster for the State of Ohio

Ohio got hit hard by storms, tornadoes, floods, and landslides from August 10-22, 2026, and the President declared it a major disaster on October 2. People and businesses in several counties can now apply for low-interest disaster loans to help fix damage or recover lost income. You’ve got until December 1, 2026, for physical damage loans and July 2, 2027, for economic injury loans—so don’t wait!

2026-20399, Administrative Declaration of an Economic Injury Disaster for the State of Oregon

Oregon businesses hit by severe storms and wildfires from mid-July to late August 2026 can now apply for Economic Injury Disaster Loans to help recover. The SBA opened applications on October 1, 2026, with a deadline to apply by July 1, 2027. Low-interest loans are available for small businesses and nonprofits in affected counties across Oregon, Idaho, and Washington.

2026-20472, Administrative Declaration of a Disaster for the State of Connecticut

Connecticut got hit hard by storms and flash floods on September 13, 2026, and the government just declared it a disaster area. This means people and businesses in Fairfield and nearby counties can apply for low-interest disaster loans to help fix damage or cover lost income. You’ve got until December 1, 2026, to apply for physical damage loans and until July 2, 2027, for economic injury loans—so don’t wait!

2026-20343, The Entire United States and U.S. Territories; Military Reservist Economic Injury Disaster Loan Program (MREIDL)

Starting October 1, 2026, small businesses across the U.S. and territories with military reservist employees called to active duty for over 30 days can apply for special disaster loans. These loans help cover everyday business costs while essential employees serve, with applications open for up to a year after the employee returns. The current loan interest rate is 4%, making it easier to keep businesses running smoothly during tough times.

Previous: 2026-20664, Petition for Exemption of the Terms of the Order Limiting Scheduled Operations at LaGuardia Airport

JetBlue and Spirit Airlines got the green light to swap 22 flight slots at busy LaGuardia Airport, breaking the usual no-transfer rule. JetBlue can’t lease or trade these slots to anyone else until after April 2028, keeping things fair and steady. This change kicks in right away on October 8, 2026, helping both airlines plan their flights better without extra costs or delays.

Next: 2026-20668, Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

If you want to buy shares in a bank or bank holding company, you need to tell the Federal Reserve first. They check to make sure everything’s fair and safe before you can take control. If you’re interested, you have until October 23, 2026, to share your thoughts or concerns about these deals.