Smaller Small business Administration: Physical Catastrophe Mortgage Functionality Before and Just after Adjustments in Statutory Collateral Demands

Why GAO Did This Research

SBA assists most types of organizations regardless of dimension and many others affected by natural and other declared disasters by way of its Catastrophe Bank loan Method.

The Rebuilding Small Organizations Immediately after Disasters Act bundled a provision for GAO to assessment the effectiveness of

Governor Hochul Announces Expanded Eligibility for the $800 Million COVID-19 Pandemic Tiny Small business Recovery Grant Software

Governor Kathy Hochul now announced improvements to New York State’s $800 million COVID-19 Pandemic Compact Business Recovery Grant Method that will empower more modest enterprises to apply for funding. Starting now, organizations with revenues up to $2.5 million can utilize for grants, up from the former threshold of $500,000. Also,