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SBA approves disaster loans for businesses following Kentucky plane crash

SBA approves disaster loans for businesses following Kentucky plane crash

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The U.S. Small Business Administration has approved a request from Gov. Andy Beshear to provide loans for businesses impacted by the Nov. 4 UPS plane crash, Beshear announced in a Nov. 18 post on X.

According to a news release, eligible businesses in Jefferson, Bullitt, Hardin, Oldham, Shelby and Spencer counties can now apply for an SBA Economic Injury Disaster Loan through Aug. 17, 2026.

“In every challenge we face, we act quickly to get the support our people need to overcome. These small business loans will help businesses — and our people — recover, which is the support the Louisville community needs and deserves right now,” Beshear said in the release.

According to the release, Louisville Metro Emergency Management Services identified 57 businesses in the immediate crash area that sustained damages ranging from total destruction to significant contamination. During a Nov. 18 news conference, Louisville EMA Director Jody Meiman and LG&E spokesperson Liz Pratt said cleanup and service restoration around the site is still ongoing, but would not be completed for several more days.

How can businesses apply for SBA disaster loans?

To apply for a SBA loan, businesses in eligible counties can visit the MySBA Loan Portal at lending.sba.gov. For further assistance, organizations are encouraged to contact the SBA disaster assistance customer center by email at disastercustomerservice@sba.gov or by phone at 1-800-659-2955.

The SBA previously approved a request for disaster loans when Kentucky experienced excessive rain, flash floods and high winds in 2024. Businesses are still able to apply for that assistance until Dec. 1.

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