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

July 24, 2026

WATCH: What Happened for Small Businesses During the 2026 Arizona Legislative Session?

Learn what happened in Phoenix during the 2026 legislative session and how it affects your small business.

In Front of the Massachusetts State House in Boston

July 23, 2026

An Economic Development Bill Should Help Massachusetts Small Businesses, Not Hurt Them

How does adding new hurdles to a law that refunds taxpayers more of their hard-earned money make Massachusetts more affordable or competitive?

July 21, 2026

New NFIB Survey: Small Business Optimism Picks Up in June

Inflation pressure is high, but may ease soon.

Open office scene with two workers at desks and large computer monitors, a man stands by a kitchen railing in the background.

July 15, 2026

State Policies Impacting Small Businesses

States considered small business measures during the 2026 legislative sessions, including taxes, minimum wage, extreme heat standards, IRC conformity, and tort…

Disaster Loans Accessible to Small Businesses Affected by Ohio Drought

Related Articles