The U.S. Small Business Administration (SBA) reminds small businesses and private nonprofits in Florida that they have until Dec. 8 deadline to apply for low interest federal disaster loans to offset economic losses caused by the drought occurring Feb. 11, 2025.

The disaster declaration covers Broward, Charlotte, Collier, DeSoto, Glades, Hendry, Highlands, Lee, Martin, Okeechobee, Palm Beach and St. Lucie counties.

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

EIDLs are availab

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