August 25, 2025

federal disaster loans

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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

Suffered damages in April 29 storm? Low-interest federal loans now available for repairs

  • July 13, 2025

Springfield has seen its share of severe weather this spring and summer, with several damaging high wind and flooding events. Now, those who suffered physical or economic losses in the initial April 29 storm may take advantage of low-interest federal disaster loans. The U.S. Small Business Administration issued a disaster declaration in late June in

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