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Jan. 21—The U.S. Small Business Administration has distributed more than $257.3 million in disaster loans for 1,391 applicants who sustained property damage from the Aug. 8 wildfires and high ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance ...
Federal disaster relief and recovery was brought under the umbrella of the Department of Housing and Urban Development (HUD), in 1973 by Presidential Reorganization Plan No. 2 of 1973, [10] and the Federal Disaster Assistance Administration was created as an organizational unit within the department. This agency would oversee disasters until ...
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Sep. 27—ATLANTA — Georgia survivors of Hurricane Idalia who apply for disaster assistance from FEMA may be referred to the U.S. Small Business Administration (SBA) with information on how to ...
The SBA initiatives — including the $953-billion Paycheck Protection Program (PPP), the Restaurant Revitalization Fund, the Shuttered Venue Operators Grant (SVOG), and Economic Injury Disaster ...
The Stafford Act is a 1988 amended version of the Disaster Relief Act of 1974. It created the system in place today by which a presidential disaster declaration or an emergency declaration triggers financial and physical assistance through the Federal Emergency Management Agency [3] (FEMA). The Act gives FEMA the responsibility for coordinating ...
Although the #SaveOurStages act was signed into law on Dec. 27, promising $16 billion in relief to those businesses, when the website through which venues could apply for relief finally opened on ...