August 13, 2025

economic injury disaster loan

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$4.2M in SBA loans approved, more available

  • August 12, 2025

The U.S. Small Business Administration has approved over $4.2 million in federal disaster loans for Northern Michigan residents and businesses affected by severe ice storms in March. As of Friday, Aug. 8, the SBA has provided more than $3 million to residents and $1.2 million to businesses through the Economic Injury Disaster Loan (EIDL) program,

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Loans

SBA approves over $4.2 million in disaster loans for northern Michigan ice storm recovery

  • August 10, 2025

NORTHERN MICHIGAN., (WPBN/WGTU)— More than $4.2 million in federal disaster loans have been approved by the U.S. Small Business Administration (SBA) to aid Northern Michigan communities affected by the late March ice storm. The funding is intended to support businesses, nonprofits, homeowners, and renters in their recovery efforts. To date, the SBA has provided over

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