Small Business Administration

As families and businesses continue rebuilding from Super Typhoon Sinlaku, the SBA reports more than $22 million in approved disaster loans and has extended the physical‑damage application deadline to Aug. 21.

With homeowners absorbing most of Sinlaku’s damage, SBA disaster‑loan approvals have climbed past $10 million, according to figures released Tuesday.

As SBA loan approvals reach $9 million, the agency is adjusting hours at its Capitol Hill recovery center to better serve businesses and residents seeking in‑person help.

Homeowners and renters continue to make up nearly all borrowers under the U.S. Small Business Administration’s disaster loan program following Super Typhoon Sinlaku, with the agency reporting more than $3.87 million approved so far for CNMI survivors.

The U.S. Small Business Administration is urging business owners, nonprofits, and independent contractors to apply for federal disaster assistance.

The U.S. Small Business Administration has approved a little more than $2 million in disaster loans for the Commonwealth of the Northern Mariana Islands as Typhoon Sinlaku recovery efforts continue, according to SBA Public Affairs Specialist Raenada Mason.

Residents seeking federal disaster assistance now have a central place to go, following Wednesday’s opening of the Survivor Recovery Center at the Susupe Multipurpose Center.

The U.S. Small Business Administration is assisting renters, homeowners, nonprofits and businesses affected by Super Typhoon Sinlaku as the Survivor Recovery Center in Susupe continues to serve as the main hub for federal disaster assistance.

US House passes Delegate Kimberlyn King‑Hinds bill to expand small‑business lending in CNMI