The SBA is poised to run out of funding for disaster loans due to Hurricane Helene's impact, with warnings of depletion in weeks.
President Biden's urgent letter to Congress highlights the looming financial crisis for disaster aid and the necessity of immediate funding to assist affected communities.
SBA Administrator Isabel Casillas Guzman emphasized the urgency of securing resources, stating, "Americans should not have to wait for critical assistance when they need it the most."
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