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The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene's devastation. As is typical after a disaster, the government is offering aid to ...
Eligibility is based on the financial impact of the disaster only and not on any physical property damage. These loans have an interest rate of 4% for small businesses and 3.25% for private ...
Income support and disaster assistance programs provide financial assistance to protect farmers and ranchers from fluctuations in market conditions and unexpected natural or man-made disasters. Assistance is provided through income support programs, disaster assistance programs, and the Noninsured Crop Disaster Assistance Program (NAP).
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
To support community and housing needs for Sandy and other 2011–2013 eligible disasters, the amendment also provides added funding for the Community Development Block Grant program to assist state and local governments meet needs for public infrastructure like hospitals, utilities and roads, repairs for small businesses, rental assistance ...
A federal program offering loans to small businesses hurt by the collapse of Baltimore’s Francis Scott Key Bridge has received 500 applications, officials said. The funds, which could start ...
The Under Secretary administers agricultural commodity insurance, farm loans, conservation, environmental, emergency assistance, and domestic and international food assistance programs. These programs are intended to provide cost-effective means of managing risk for agricultural producers in order to improve the economic stability of agriculture.
Oct. 10—WASHINGTON — The U.S. Department of Agriculture announced an additional $250 million in automatic payments for distressed direct and guaranteed farm loan borrowers under Section 22006 ...