Tue Feb 11 23:53:05 EST 2025
Home#ForeclosurepediaNationSBA Runs Out of Funds: Hurricane Victims Suffer and Inspectors Worry About...

SBA Runs Out of Funds: Hurricane Victims Suffer and Inspectors Worry About Pay

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The Small Business Administration (SBA) released the following this week, as the Biden - Harris Administration are jet setting around Europe: SBA Exhausts Funds for New Disaster Loans: Today, the SBA announced that it has exhausted funds for its disaster loan program after warnings that funding would soon run out following increased demand from Hurricane Helene. Until Congress appropriates additional funds, the SBA is pausing new loan offers for its direct, low-interest, long-term loans . . .

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