Residents in Alabama can get money for losses due to the weather in the Yellowhammer State.

According to a press release from the U.S. Small Business Administration (SBA)there is now availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Alabama who sustained economic losses caused by excessive rainfall occurring May 1-June 30, 2025.

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The disaster declaration covers the counties of Barbour, Blount, Bullock, Calhoun, Chambers, Cherokee, Chilton, Clay, Cleburne, Colbert, Coosa, Cullman, Dekalb, Elmore, Etowah, Fayette, Franklin, Jackson, Jefferson, Lamar, Lauderdale, Lawrence, Lee, Limestone, Macon, Madison, Marion, Marshall, Montgomery, Morgan, Randolph, Russell, Shelby, St. Clair, Talladega, Tallapoosa, Tuscaloosa, Walker and Winston in Alabama; Carroll, Chattahoochee, Chattooga, Dade, Floyd, Haralson, Harris, Muscogee, Polk, Stewart, Troup and Walker counties in Georgia; Itawamba, Monroe and Tishomingo counties in Mississippi; as well as Franklin, Giles, Lincoln and Marion counties in Tennessee.

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 available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

“Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

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