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The U.S. Small Business Administration has paused its disaster loan program — which aids businesses, nonprofits, homeowners and renters — after running out of funds due to increased demand from hurricanes Helene and Milton. While the SBA continues processing applications, disbursements will be delayed until the funds are replenished via Congressional approval.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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