A record $2 billion in disaster loan applications have been approved by the Small Business Administration for the hurricane-devastated Gulf Coast region. Another $685 million in conventional business loans have been delivered to small businesses in affected areas.
"Putting money into the hands of businesses in the Gulf Coast communities remains our top priority," said SBA Administrator Hector V. Barreto. "These businesses are the economic foundation of the region's renewal and spirit, and we are going to stay on the job until it’s done."
For more information on the SBA’s disaster assistance programs, click here.
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