Hurricanes tear through federal funds sought by Key Bridge small businesses

When two hurricanes hit the South this fall, the U.S. Small Business Administration warned Congress it would likely run out of money for loans. Ten days later, the department was tapped out. That has left some of the small businesses seeking loans after the March collapse of the Francis Scott Key Bridge in a lurch. Even though the SBA funds are depleted, requests for financial help from those affected by the bridge disaster continue to roll in, including 500 new applications in the last month.