The Small Business Administration’s disaster loan program has run out of funding ... The SBA’s disaster fund running out of money could force Congress to address the dire situation with ...
The agency had been warning that money was running low after a year of severe natural disasters. The Small Business Administration has officially run out of funds for its disaster loan program ...
Aldgra Fredly contributed to this report. The post SBA’s disaster loan program runs out of money as hurricanes drive demand appeared first on Santa Clarita Valley Signal.
Hurricanes Helene and Milton struck the southeast recently, straining the fund’s ability to issue low-interest loans.
SBA Administrator Isabel Casillas Guzman warned Congress in a letter obtained by The Washington Times that the agency’s disaster aid program could run out of money for new loans as early as next ...
A federal program ... is out of money following back-to-back hurricanes, President Biden said Tuesday. Biden said in a statement that the Small Business Administration’s disaster loan program ...
The Small Business Administration’s disaster loan program has run out of money, it announced on Tuesday, after warnings that funding would soon run out following increased demand from hurricanes ...
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides ...
The SBA doesn’t give out direct loans, except when they’re related to disasters, but it works with lenders to distribute ...
Senator Rick Scott (R-FL) has joined Senator Thom Tillis (R-NC) in introducing the Restoring an Economic Lifeline with ...
A loan program for businesses and residents affected by disasters could run out of funding in a few weeks, according to the U.S. Small Business Administration. The SBA said its disaster loan ...