In the Gulf Coast region, businesses are well aware of the natural disasters that are common to our region, including flooding, wildfires, hurricanes, hail, and windstorms. Any one of these severe weather events can cause widespread damage to businesses and their commercial property, leading to the loss of both commercial property and revenue. When businesses are crippled by major weather damage, they may pin their hopes for recovery on securing a federal disaster loan through the Small Business Administration.
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