small business administration united states news

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.

The New York Times · 1d

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.

CBS News · 1d

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.

26m

$2B is approved in aid for states struck by storms

The SBA also offers disaster loans up to $500,000 to homeowners to repair or replace disaster-damaged or destroyed real ...

13h

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.

21don 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 ...

USA Today3d

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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