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Small Business Administration runs out of funding for disaster relief loans after hurricanes Helene, Milton

CBS News
Summary
Nutrition label

73% Informative

The Small Business Administration has run out of money for its disaster assistance loans.

The SBA is pausing new loan offers for its direct, low-interest, long-term loans to disaster survivors.

Congress can approve more funds, but doesn't reconvene until Nov. 12 .

SBA Administrator Isabel Casillas Guzman says people should keep applying for the loans.

VR Score

81

Informative language

83

Neutral language

63

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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