The Small Business Administration is denying over 90% of the loan applications to Louisiana businesses destroyed or disrupted by Katrina. Same for home loans to Katrina victims.
After Hurricane Charlie struck Florida last year, the SBA approved 42% of all loan applications . . . .
It's very, very disheartening to think that of the HUNDREDS of business owners who went on a wild goose chase for SBA application hints and info, only about 10% of us will be deemed "worthy" of assistance (unlike our favored neighbors in Florida and, presumably, Tejas).
Go see the King.
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