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.
The U.S. Small Business Administration defines a small business as a firm with revenue ranging from $1 million to over $40 million and an employee workforce of under 500. 5 Based on the SBA’s ...
Officials said that the Small Business Administration (SBA) has run out of money for the disaster assistance loans. These loans are offered to small businesses, homeowners and renters. Many are ...