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SBA disaster loan deadline approaching for businesses, nonprofits affected by 2025 drought

12 minutes 17 seconds ago Monday, November 09 2026 Nov 9, 2026 November 09, 2026 10:48 AM November 09, 2026 in News
Source: WBRZ

BATON ROUGE — The Small Business Administration disaster loan deadline is approaching next month for Louisiana. 

Eligible small businesses and private nonprofit organizations in Louisiana that were impacted by the drought that occurred Dec. 30, 2025 can apply for low-interest federal economic injury disaster loans by Dec. 10. 

Eligible parishes are: Acadia, Allen, Ascension, Assumption, Avoyelles, Bienville, Bossier, Caddo, Caldwell, Catahoula, Claiborne, Concordia, De Soto, East Carroll, East Feliciana, Evangeline, Franklin, Grant, Iberia, Iberville, Jackson, Jefferson, Jefferson Davis, Lafayette, Lafourche, LaSalle, Lincoln, Madison, Natchitoches, Ouachita, Pointe Coupee, Rapides, Red River, Richland, Sabine, St. Charles, St. James, St. John The Baptist, St. Landry, St. Martin, St. Mary, Tensas, Terrebonne, Vernon, Webster, West Baton Rouge, West Feliciana, and Winn. 

Small businesses, private nonprofits and faith-based organizations, small agricultural cooperatives and nurseries and small aquaculture enterprises in those parishes are all eligible to apply. 

The loan provides up to $2 million in funding with interest rates as low as 4% for small businesses and 3.625% for private nonprofit organizations, loan terms of up to 30 years and no interest or required payments during the first 12 months following disbursement.

Applications are available online. 

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