About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. The SBA disaster loan fund remains a major source of money for businesses obliterated by natural disasters, according to the Congressional Research Service. “While we await Congress to provide much-needed funding, we strongly encourage eligible businesses and households to apply for SBA disaster loans. " Before the funding ran out, about 750 had been approved to receive loan money totaling $48 million, according to the SBA. He's reluctant to apply for an SBA loan because of his precarious financial situation.

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Persons: Lucious Wilson, Hurricane Helene, “, ”, reconvenes, Isabel Casillas Guzman, Kristen Welker, Mike Johnson, Johnson, Wilson, he's, He's Organizations: NBC News, Wedge Brewery, Small Business Administration, Biden, NBC, SBA, Congressional Research Service, Press Locations: Asheville , North Carolina, Asheville, N.C