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Small Business Administration’s disaster fund tapped out
Small business disaster loan program is out of money until Congress approves new funds
NEW YORK (AP) — The Small Business Administration has run out of money for the disaster assistance loans it offers small businesses, homeowners and renters, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton.
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 funding from Congress, which is not set to reconvene until Nov. 12.
Small Business Administration runs out of funding for disaster relief loans after hurricanes Helene, Milton
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.
14h
on MSN
Federal money to help states hit by hurricanes Helene, Milton nears $2 billion
The White House says the federal government has approved nearly $2 billion in assistance across six states to help people hit ...
21d
on MSN
House Republican urges Small Business Administration to enhance rural outreach
A Missouri House Republican is pushing for the Small Business Administration to reach out to rural communities in the United ...
11h
Small Business Administration announces it’s out of money
Small businesses, homeowners and renters impacted by the recent hurricanes may have to wait longer for disaster relief.
USA Today
3d
Small business statistics in 2024
The U.S.
Small
Business
Administration
defines a
small
business
... the 33.2 million
small
businesses in the
United
States
make up 99.9% of all firms across the country. 27 These ...
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