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With all-natural disasters expanding in size, severity, and frequency throughout The usa and its territories, SBA is growing the definition of contiguous counties, clarifying certain aspects of disaster declaration requests, and simplifying language to guarantee regularity.
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Extending the repayment conditions of the loan may possibly lead to further fascination compensated, together with late expenses, that may greatly enhance the total amount of money you pay out back again with a loan. Typically, loan renewal policies are regulated with the point out govt. Learn more