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.
US Disaster Loan Program Exhausts Funds After Hurricane Helene
The U.S. Small Business Administration said on Tuesday it has exhausted funds for its disaster loan program following increased demand from Hurricane Helene, with the U.S. Congress being in recess. "Until Congress appropriates additional funds,
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