Key disaster loan program 'quickly exhausting' funds after hurricanes

The Hill - Oct 12, 2024

Officials are warning a key federal program that provides disaster loans to businesses and homeowners is running critically low on funds in the aftermath of back-to-back hurricanes, increasing the pressure on Congress to return to Washington. The Small Business Administration (SBA) has roughly $50 million left for new disaster loans, and the agency says it...

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Key disaster loan program 'quickly exhausting' funds after hurricanes

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