Administrative Declaration of a Disaster for the State of Mississippi

1 month ago 2

U.S. Small Business Administration.

This is a notice of an Administrative declaration of a disaster for the State of Mississippi dated May 8, 2025.

Incident: Severe Storms and Tornadoes.

Issued on May 8, 2025.

Incident Period: April 2, 2025 through April 6, 2025.

Physical Loan Application Deadline Date: July 7, 2025.

Economic Injury (EIDL) Loan Application Deadline Date: February 9, 2026.

Notice is hereby given that as a result of the Administrator's disaster declaration, applications for disaster loans may be submitted online using the MySBA Loan Portal https://lending.sba.gov or other locally announced locations. Please contact the SBA disaster assistance customer service center by email at [email protected] or by phone at 1-800-659-2955 for further assistance.

The following areas have been determined to be adversely affected by the disaster:

Primary Counties: Marshall, Tate.

Contiguous Counties:

Mississippi: Benton, Desoto, Lafayette, Panola, Tunica, Union.

Tennessee: Fayette, Shelby.

The Interest Rates are:

Percent

For Physical Damage:
Homeowners with Credit Available Elsewhere	5.500
Homeowners without Credit Available Elsewhere	2.750
Businesses with Credit Available Elsewhere	8.000
Businesses without Credit Available Elsewhere	4.000
Non-Profit Organizations with Credit Available Elsewhere	3.625
( printed page 20544)
Non-Profit Organizations without Credit Available Elsewhere	3.625
For Economic Injury:
Business and Small Agricultural Cooperatives without Credit Available Elsewhere	4.000
Non-Profit Organizations without Credit Available Elsewhere	3.625