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Federal government offers loans up to $2 million to offset losses from 2025 drought

In May of 2025, a pond on the Florida Gulf Coast University campus was reduced  three or four feet lower than normal, exposing land normally under a foot of water or more, and dried out from the sun
Bayles, Tom
/
WGCU
In May 2025, a pond on the Florida Gulf Coast University campus was reduced three or four feet lower than normal, exposing land normally under a foot of water or more, and dried out from the sun

As of May 2025, Southwest Florida experienced the worst drought in 24 years. It's still bad.

Droughts are a re-occurring feature in Florida's climate  with severe episodes happening every few years, especially in Central and Southwest Florida.  
 
Last spring, Southwest Florida experienced its worst drought in 24 years.  
 
In addition to fire dangers, droughts can affect water supplies and agriculture.  Depending on the length of the drought, the ramifications can be widespread and prolonged.  
 
That's why the federal government is offering loans to small businesses, small agricultural cooperatives, plant nurseries and non-profits  impacted by the drought in the following  counties: Charlotte, DeSoto, Glades, Hardee, Hendry, Highlands, Hillsborough, Indian River, Lake, Lee, Manatee, Martin, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Sarasota, St. Lucie and Sumter. 

These low-interest loan amounts can be up to $2 million.  Applications are due Feb. 2.

To apply online visit sba.gov/disaster. Applicants may also call SBA’s customer service at 800-659-2955 for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 711 to access telecommunications relay services.

Copyright 2026 WGCU

Eileen Kelley
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