Applying a Lesson From Hurricane Sandy to Colorado Flood Relief

The Small Business Administration is changing the way it processes disaster loan applications to speed approvals to businesses
Business owners pile muddy furniture outside their building off Canon Avenue in Manitou Springs, Colo. Photograph by Michael Ciaglo/The Colorado Springs Gazette via AP Photo

In the past few weeks, the Small Business Administration has taken heat from New Jersey business owners, as well as Governor Chris Christie, for failing to do more to help state residents in the aftermath of Hurricane Sandy. A recent federal task force report took a more diplomatic approach, calling the SBA “integral” to Sandy relief efforts, but noting ways the agency could act faster to lend money to disaster victims.

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