STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News /

Disaster Loans Accessible to Small Businesses Affected by Ohio Drought

September 10, 2024 Last Edit: June 5, 2025

Disaster Loans Accessible to Small Businesses Affected by Ohio Drought

Ohio small businesses affected by the drought that began on August 20, 2024, can receive federal Economic Injury Disaster Loans (EIDLs) through the Small Business Administration. The EIDL program is available to eligible farm-related and non-farm-related entities that suffered financial losses as a direct result of this drought. The loan amount can be up to $2 million with interest rates of 4% for small businesses, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. Small businesses are eligible for the loans in the primary counties of Athens, Belmont, Fairfield, Fayette, Gallia, Guernsey, Harrison, Highland, Hocking, Jackson, Jefferson, Madison, Monroe, Morgan, Muskingum, Noble, Perry, Pickaway, Pike, Ross, Vinton and Washington in Ohio, and the adjacent counties of Adams, Brown, Carroll, Champaign, Clark, Clinton, Columbiana, Coshocton, Franklin, Greene, Lawrence, Licking, Meigs, Scioto, Tuscarawas and Union in Ohio. To apply online visit SBA.gov/disaster. Learn more information here. Applications are due to the Small Business Administration no later than April 28, 2025.

Topics:

Taxes

State:

Ohio

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

February 20, 2026

Millionaire Tax Proposal Begins House Journey

NFIB rallying opposition to Senate measure that will affect small businesses

February 19, 2026

WATCH: NFIB Arizona Member Testifies Before Ways and Means Committee

NFIB Leadership Council Member Brad Scott testifies in support of HB 2290, which would clarify Arizona’s Transaction Privilege Tax Sourcing Law

February 18, 2026

NFIB Arizona to Lawmakers: Small Businesses Need Tax Certainty Now

“We will continue to urge lawmakers to take action and align Arizona’s income tax code with the small business provisions that are permanent in federal law so …

Radio Microphone with an on air sign in the bacjkground

February 18, 2026

NFIB Takes Opposition to Millionaire Tax to the Airwaves

KIRO 7 News interview helping set the record straight

Disaster Loans Accessible to Small Businesses Affected by Ohio Drought

Related Articles