Improving SBA Disaster Loan Ability To Provide Meaningful and Timely Assistance

636(b) ) (“Disaster Loan Program”) following a Presidentially declared disaster. The ongoing delay of assistance to many borrowers poses a threat of rendering the Disaster Loan Program ineffective in a time of crisis; and7. Immediate regulatory clarity is necessary to ensure uniform administration of the SBA Disaster Loan Program nationwide. State and local requirements are also preserved in that builders still must certify compliance with all substantive local and state requirements. (b) SBA Disaster Loan is a loan authorized under 15 U.S.C.