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The US Small Business Administration (SBA) announced revisions to its disaster loan program. Under this program, the SBA can make loans to repair, rehabilitate, or replace real or personal property damaged or destroyed by a disaster. On June 16, 2023, the US Small Business Administration (SBA) published in the Federal Register a direct final rule relating to its loan program under Section 7(b)(1) of the Small Business Act (15 U.S.C. § 636(b)(1)).
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