Small Business Administration News

SBA Loans Impacting Grant Money for Sandy Victims

When Superstorm Sandy left Denise Erickson’s home with a collapsed foundation, a loan from the Small Business Administration looked like the best deal in town. She got more than $150,000 from the SBA to help fix her family’s Bellmore home …

Feds Offer Low-Interest Loans to Fix Mass. Tornado Damage

The federal Small Business Administration is offering low-interest loans to Massachusetts residents and businesses to repair property damage from the tornado that hit Revere on July 28. The tornado brought winds of up to 120 mph and was deemed an …

Possible Shutdown Could Hurt Colorado Flood Recovery

While officials promise that direct aid to Colorado flooding victims won’t be affected by a possible government shutdown, a standoff in Washington could still end up hurting the state’s recovery efforts. Emergency funding distributed by the Federal Emergency Management Agency, …

Flooding Another ‘Unprecedented’ Event for Colorado

Another disaster plaguing the state, widespread flooding in Colorado is being viewed as an “unprecedented” event in which losses will take quite some time to calculate – although there are more immediate lessons to be learned. Thousands are missing, tens …

July 16 Deadline for Federal Disaster Loans in 3 W.Va. Counties

Private nonprofits and small businesses in three West Virginia counties that suffered losses due to drought, heat and storms last year have until July 16 to apply for federal disaster loans. The U.S. Small Business Administration says the loans are …

Disaster Loan Deadline Nears For November Nevada Fire

The deadline is nearing for Nevada residents and businesses affected by November’s brush fire in Reno to apply for Small Business Administration disaster loans. The Caughlin Fire burned more than 3 square miles and destroyed or damaged 42 homes. The …