SBA Economic Injury Disaster Loans Available to North Dakota Small Businesses

Some small businesses in several counties in North Dakota are eligible for low interest federal disaster loans from the Small Business Administration. According to SBA’s Francisco Sanchez Jr, small non-farm businesses in fourteen counties in North Dakota are eligible to apply for the loans. There are small businesses in Montana and South Dakota that qualify as well. Here’s a list of the counties where businesses may qualify:

Primary North Dakota counties:  Adams, Divide, Slope and Williams;
Neighboring North Dakota counties:  Billings, Bowman, Burke, Golden Valley, Grant, Hettinger,
McKenzie, Mountrail, Sioux and Stark;
Neighboring Montana counties:  Fallon, Richland, Roosevelt and Sheridan;
Neighboring South Dakota counties:  Corson, Harding and Perkins.

These loans offset economic losses because of reduced revenues caused by drought beginning Oct. 1. The Economic Injury Disaster Loan can help businesses up to $2 million to help with operating expenses and financial obligations.

The deadline to apply June 9, 2025.

 

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