Tennessee residents and businesses approved for a disaster loan from the U.S. Small Business Administration (SBA) as a result of severe storms, straight-line winds, and tornadoes on March 31 and April 1, 2023, have two years from the date of their loan approval to request an increase to prevent or minimize damages from similar disasters in the future. Mitigation funds from the SBA are an affordable way for survivors to rebuild smarter, stronger and pay for improvements that protect life and property.
The SBA specifically said the assistance comes in connection with the severe storms, straight-line winds, and tornados that occurred from March 31, 2023, through April 1, 2023. In the Tennessee counties of Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton, and Wayne; for economic injury only in the contiguous Tennessee counties of Bedford, Chester, Clay, Coffee, Crockett, Davidson, Decatur, DeKalb, Fayette, Henderson, Hickman, Jackson, Lauderdale, Lawrence, Madison, Marshall, Maury, Perry, Shelby, Smith, Sumner, Trousdale, Warren, Williamson, and Wilson.
