The Small Business Administration (SBA) has warned that its disaster loan program could run out of funds by the end of the month, potentially leaving businesses i n the wake of Hurricane Helene ...

NEW YORK (AP) — 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 ...

NEW YORK (AP) — 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 ...

The Small Business Administration’s disaster loan program has run out of funding due to high demand from constant extreme weather disasters, the administration announced Tuesday.

SBA will exhaust disaster relief funds by next week, chief says After Hurricanes Milton and Helene, the Small Business Administration expects to run out its $50 million balance within several days.

The Small Business Administration’s disaster loan program, which provides low-interest lending to disaster survivors, has run out of money, President Joe Biden said Tuesday, slowing recovery ...

The Small Business Administration’s 7(a) loan program lost hundreds of millions of dollars in 2024, according to documents obtained by The Playbook.

Ms. Guzman said the money would “definitely run out” before then, adding that she hoped lawmakers would return to Washington sooner to replenish the agency’s disaster loan funds.

At least four members of Congress have reaped benefits in some way from the half-trillion-dollar small-business loan program they helped create. And no one knows how many more there could be. It ...

The SBA is expanding access to its Economic Injury Disaster Loan (EIDL) program, low-interest loans for businesses and nonprofits damaged by the pandemic, to certain businesses–like restaurants ...

One of the most sweeping business rescue programs in U.S. history ran out of money Thursday, leaving millions of small business owners and workers in financial limbo. The $349 billion Paycheck ...

The Small Business Administration has run out of funds to provide low-interest loans to homeowners and businesses to repair property damaged by disasters, the Biden administration said on Tuesday.