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Barbara Nitis, public information officer for the SBA's Office of Disaster Recovery and Resilience, Field Operations Center-West, said the deadline was Dec. 11 for the SBA's property damage loans.
NEW YORK (AP) — The U.S. 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 ...
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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...
Applicants may apply online, receive additional disaster assistance information, and download applications at sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800 ...
When a county has been declared a disaster area, by either the President or the Secretary of Agriculture, farmers in that county may become eligible for low-interest emergency disaster (EM) loans under the Emergency Disaster Loan Program. The loans are available through the Farm Service Agency (formerly Farmers Home Administration). EM loan ...
The loan amounts are based on need and cannot exceed either (1) 25 percent of the annual operating budget of that local government for the fiscal year in which the disaster occurs and not exceeding $5,000,000, or (2) if the loss of tax and other revenues of the local government as a result of the disaster is at least 75 percent of the annual ...
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 ...
The administrator of the Small Business Administration is the head of the Small Business Administration of the United States. The administrator is responsible for managing and the day-to-day operations of the agency. The administrator is nominated by the president of the United States and must be confirmed by a vote of the Senate.
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