SBA Disaster Loan Deadline Approaching for Indiana Businesses and Private Nonprofits
SBA Disaster Loan Deadline Approaching for Indiana Businesses and Private Nonprofits
The U.S. Small Business Administration is reminding eligible small businesses and private nonprofit organizations impacted by the drought occurring Sept. 30, 2025, to apply for low-interest federal Economic Injury Disaster Loans before the Aug. 31 application deadline.
Eligible Counties
Indiana: Adams, Allen, Blackford, Carroll, Cass, Clinton, DeKalb, Delaware, Fulton, Grant, Hamilton, Henry, Howard, Huntington, Jay, Kosciusko, Madison, Miami, Noble, Pulaski, Randolph, Tippecanoe, Tipton, Wabash, Wayne, and Wells.
Ohio: Darke, Defiance, Mercer, Paulding, and Van Wert.
Who Can Apply
- Small businesses
- Private nonprofits and faith-based organizations
- Small agricultural cooperatives and nurseries
- Small aquaculture enterprises
Loan Assistance Available
Economic Injury Disaster Loans (EIDL): Working capital assistance for operational expenses caused by the disaster.
Key Loan Details
- Up to $2 million in loan funding
- Interest rates as low as 4% for small businesses and 3.625% for private nonprofit organizations
- Loan terms of up to 30 years
- No interest or required payments during the first 12 months following disbursement
How to Apply
Apply online at sba.gov/disaster.
Application Deadline: Aug. 31
Need Assistance?
Applicants with questions may contact the SBA Customer Service Center:
- Phone: (800) 659-2955
- Email: disastercustomerservice@sba.gov
- Relay Services: Dial 7-1-1 if you are deaf, hard of hearing, or have a speech disability to access telecommunications relay services.
Reference: IN-20016
