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SBA approves up to $1B in Sandy disaster loans for NY
The Small Business Administration has approved more than $1 billion in disaster loans for New York homeowners and businesses affected by superstorm Sandy, the federal agency said Tuesday. That amounts up to roughly 15,000 loans.
Businesses and homeowners in declared disaster areas are able to apply for SBA disaster loans, which are offered low interest rates. Businesses may apply for up to...