SBA Deadline Approaching for Physical Disaster Loans in Rhode Island

The U.S. Small Business Administration (SBA) is reminding businesses of all sizes, private nonprofit organizations, homeowners, and renters in Rhode Island affected by the severe storms and flooding on Dec. 17-19, 2023 and Jan. 9-13, to apply for physical damage disaster loans by  May 20 deadline.

The disaster declarations cover Kent, Providence, and Washington counties in Rhode Island, which are eligible for both Physical and Economic Injury Disaster Loans (EIDLs) from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Bristol and Newport in Rhode Island; New London and Windham in Connecticut; and Bristol, Norfolk, and Worcester in Massachusetts.