As the one-year anniversary of Hurricane Sandy approaches, the SBA said it will continue toprovide funding to small businesses affected by the storm.

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The agency said its resource partners will issue a total of$13.1 million to collaborative teams, which will integrate localeconomic recovery efforts and bring distinct delivery of businessservices.

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This second phase of funding, part of $19 million in emergencyappropriations approved by Congress, will be distributed by SBA'sresource partners – the Small Business Development Centers, SCORE,and Women's Business Centers – to collaborative teams in 11 statesand a U.S. territory.

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The SBA said it anticipates awarding grants to the collaborativeteams in the following states:

  • Connecticut – $1,361,000
  • Delaware – $304,000
  • Maryland – $91,000
  • Massachusetts – $194,000
  • New Jersey – $3,582,000
  • New York – $6,191,000
  • Pennsylvania – $1,058,000
  • Rhode Island – $181,000
  • Virginia/North Carolina – $63,000
  • West Virginia – $118,000
  • Puerto Rico –$46,000.

In April, the SBA said it awarded $5.8 million to its resourcepartners to provide targeted small business counseling, trainingand technical assistance. Since that time, the agency hashelped nearly 4,300 small business clients using those funds.

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As of Aug. 7, the SBA said it has approved a total of $2.4billion in loans to 36,200 business and homeowners needingassistance to repair, rebuild and restart the local economy afterHurricane Sandy.

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The super storm caused an estimated $68 billion in damages andkilled at least 286 people in its path across the Caribbean andinto the United States, according to the National WeatherService.

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