Presidential Declaration of a Major Disaster for the State of Oklahoma

1 month ago 1

U.S. Small Business Administration.

This is a Notice of the Presidential declaration of a major disaster for the State of Oklahoma (FEMA-4866-DR), dated May 21, 2025.

Incident: Wildfires and Straight-line Winds.

Issued on May 21, 2025.

Incident Period: March 14, 2025, through March 21, 2025.

Physical Loan Application Deadline Date: July 21, 2025.

Economic Injury (EIDL) Loan Application Deadline Date: February 23, 2026.

Notice is hereby given that as a result of the President's major disaster declaration on May 21, 2025, 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 (Physical Damage and Economic Injury Loans):

Cleveland, Creek, Lincoln, Logan, Oklahoma, Pawnee, Payne.

Contiguous Counties (Economic Injury Loans Only): Oklahoma: Canadian, Garfield, Grady, Kingfisher, McClain, Noble, Okfuskee, Okmulgee, Osage, Pottawatomie, Tulsa.

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
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