Small business disaster loan program is out of money until new funds are approved

The SBA’s disaster loan program has run out of money, it announced on Tuesday. The agency expects to receive new funding from Congress, and will continue to accept applications in the meantime.

admin admin
Oct 16, 2024 - 05:00
0 0
Small business disaster loan program is out of money until new funds are approved
A house, center, lies toppled off its stilts after the passage of Hurricane Milton, alongside an empty lot where a home was swept away by Hurricane Helene, in Bradenton Beach on Anna Maria Island, Fla.

The SBA’s disaster loan program has run out of money, it announced on Tuesday. The agency expects to receive new funding from Congress, and will continue to accept applications in the meantime.

(Image credit: Rebecca Blackwell)

Read More