Small business disaster loan program is out of money until Congress approves new funds
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 Helene and Milton.
15 Oct 13:55 · The Seattle Times
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.
15 Oct 00:00 · Financial Post
Hurricanes Helene, Milton deplete SBA's disaster loan program funds
Oct. 15 (UPI) -- The Small Business Administration has no money left to cover disaster loans, but President Joe Biden said that will change in November.
16 Oct 01:03 · UPI
Small Business Administration Disaster Fund Has Run Out Of Money After Hurricanes Milton And Helene
Before it ran out of funding the SBA had approved more than 700 loans related to Hurricane Helene totaling about $48 million.
15 Oct 00:00 · Forbes
SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says
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.
15 Oct 22:07 · NY Times
last updated on 16 Oct 08:54