SBA reduces Disaster Loan program limit by $1.85M

UnmutePlayRemaining Ad TimeAd - 00:00
TUCSON - The Small Business Administration has slashed the Disaster Loan program limit from $2 million to $150,000.SBA officials said they are so overwhelmed by demand they had to stop accepting new applications from small businesses.The Disaster Loan program is different from the Paycheck Protection Program.SBA’s economic injury disaster loan program received $50 billion from Congress to help small businesses.
The post SBA reduces Disaster Loan progra