The Small Business Administration has run out of money for its disaster assistance loans, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes...
Small Business Administration Depletes Disaster Loan Funds Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more...
The Small Business Administration said it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with Congress being in recess.
The agency has less than $100 million for new loans, according to officials, while Hurricane Milton is headed toward Florida and after Hurricane Helene devastated much of the Southeast....
The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene’s devastation.
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.
The Small Business Administration’s disaster loan program has run out of money, it... The SBA added that the pause of disaster assistance loans it offers to small businesses, homeowners...
The loan portal will remain open despite SBA having no funds, and people and small businesses in disaster areas are encouraged to continue applying for loans as the agency will keep processing their applications. President Joe Biden echoed SBA’s recommendation that people should still apply for loans, saying in a statement House Spea ...
Small Business Administration (SBA) disaster assistance for loans to businesses, homeowners, nonprofits, and renters to help them recover are available.
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