SBA Provides Disaster Assistance Updates in Arkansas

Isabel Guzman, the United States Small Business Administrator, along with other officials, received updates on the recovery progress from severe storms in Arkansas. FEMA has provided $5.7 million in assistance, with over 5,700 registrations for Individual Assistance. SBA has approved $12.9 million in loans for businesses and individuals affected by the storms, aiming to aid in rebuilding efforts. Small business owners in Benton County shared their challenges and losses due to the storms, highlighting the long-term impact on their livelihoods and the community. Guzman emphasized the SBA's commitment to supporting businesses through disaster recovery and streamlining loan processes to expedite assistance.