FOCE Press Release - SBA Offers Disaster Relief to Florida Small Businesses and Private Nonprofits Affected by February Drought Low interest disaster loans now available

Good afternoon,
The attached release was issued to the media today. To assist us with the widest distribution of this information as soon as possible, please share our release with your contacts as appropriate and post to your social media accounts.
ATLANTA - The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Florida who sustained economic losses caused by the drought beginning February 11, 2025.
The disaster declaration covers the primary counties of Glades, Hendry, Martin, and Palm Beach, and the adjacent counties of Broward, Charlotte, Collier, DeSoto, Highlands, Lee, Okeechobee, and St. Lucie in Florida.
Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.
EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.
“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.” 
 
Regards,
 
Timothy Watson
Public Affairs Specialist
Field Operations Center – East
Office of Disaster Recovery and Resilience
U.S. Small Business Administration
101 Marietta St. NW, Suite 700
Atlanta, GA, 30303
Direct: 202-731-8932
timothy.watson@sba.gov
 
Currently servicing survivors in Georgia
 

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