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Jackson water crisis: Reeves asks SBA to open loans to businesses affected

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Governor asks SBA to open loans to businesses affected by water crisis

Gov. Tate Reeves asked the U.S. Small Business Administration to open low-interest disaster loans to Hinds County businesses hurt by the Jackson water crisis in a formal letter Monday. 

“Jackson businesses have been hit incredibly hard by the ongoing water crisis,” Reeves said in a statement. “They have shown their resilience and their commitment to this city throughout the years, and my administration will continue to do everything it can to support them during this difficult time.”

In his letter to the program’s director, Reeves outlined how businesses from daycares to restaurants had to shut down when they lost water pressure. Restaurants that have been open have had a major loss of customers while harboring extra expenses to buy clean water to keep their doors open. 

READ MORE: As Jackson water crisis persists, restaurateurs worry customers are scared to dine out

Some businesses also took on the costs of portable toilets when their own could not flush. Hotels, the governor mentioned, also have had a sharp decline in overnight stays. 

“Overall, with little to no running water throughout the city, businesses could not serve, clean, cool, or sanitize, forcing them to either suffer losses or temporarily shut down,” the letter says

In order to prove the county could qualify for the loan program, the governor’s office had to survey local businesses and show at least five small businesses “suffered substantial economic injury.” 

Restaurants and other affected businesses filled out paperwork about their costs and losses to Mississippi Emergency Management Agency, giving the governor the data needed to apply to the program. 

If activated, individual businesses could receive up to $2 million in SBA loans under the disaster program to help with expenses and obligations that could have been met had the water crisis not occurred. The loan amount a business can receive will be based on its economic injury and the company’s financial needs. 

The program’s interest rate does not exceed 4%. 

This article first appeared on Mississippi Today and is republished here under a Creative Commons license.

Mississippi News

Ole Miss women get pair of double-doubles and roll to 83-65 March Madness win over Ball State

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www.wjtv.com – The Associated Press – 2025-03-22 09:03:00

SUMMARY: Mississippi coach Yolett McPhee-McCuin found solace in returning to a different arena in Waco, Texas, following a disappointing previous tournament experience. The No. 5 seed Ole Miss Rebels redeemed themselves with an 83-65 victory over 12th-seeded Ball State in the NCAA Tournament’s first round. Starr Jacobs led the Rebels with 18 points and 11 rebounds, while Kennedy Todd-Williams and Madison Scott each scored 15 points. Ole Miss dominated rebounding, leading 52-32, and will face fourth-seeded Baylor next. Coach McPhee-McCuin noted the team’s evolution since their last visit and the significance of playing in Texas, where Jacobs feels at home.

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Mississippi News

Events happening this weekend in Mississippi: March 21-23

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www.wjtv.com – Kaitlin Howell – 2025-03-21 08:59:00

SUMMARY: This weekend (March 21-23), Mississippi offers a range of exciting events. Highlights include Hal’s Marching MALfunction Second Line Stomp and Jessie Robinson’s blues performance in Jackson, as well as the Natchez Food & Wine Festival and the Natchez Little Theatre’s production of *This Side of Crazy*. There are also numerous exhibitions like *Of Salt and Spirit: Black Quilters in the American South* in Jackson and *Gold in the Hills* in Vicksburg. Other events include the 48th Annual Crawfish Classic Tennis Tournament in Hattiesburg, karaoke nights in Laurel, and a variety of family-friendly activities across the state.

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Mississippi News

Events happening this weekend in Mississippi: March 14-16

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www.wjtv.com – Kaitlin Howell – 2025-03-14 07:26:00

SUMMARY: This weekend (March 14-16) in Mississippi offers a variety of events. In Jackson, iconic saxophonist Boney James performs at the convention center, while the JXN Food & Wine festival showcases culinary talents. The LeFleur Museum District hosts a “Week of Wonder,” and several exhibitions, including “Of Salt and Spirit,” celebrate Black quilters. Natchez features the Spring Pilgrimage tours, a reenactment of Annie Stewart’s story, and a St. Patrick’s Day celebration. In Hattiesburg, comedian Rob Schneider performs, and various events like a St. Patrick’s Day pub crawl and a talent show will take place throughout the area.

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