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<classification authority="sudocs">GA 1.13:GAO-06-860</classification>
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 <subject>Disaster relief aid</subject>
 <subject>Hurricane Katrina</subject>
 <subject>Hurricanes</subject>
 <subject>Property losses</subject>
 <subject>Small business</subject>
 <subject>Loans</subject>
 <subject>Property damages</subject>
 <subject>Lending institutions</subject>
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 <title>Small Business Administration: Actions Needed to Provide More Timely Disaster Assistance</title>
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<abstract>Hurricanes Katrina, Rita, and Wilma (the Gulf Coast hurricanes)
caused more than $118 billion in estimated property damages	 
across the Gulf Coast region in 2005. The Small Business	 
Administration (SBA) helps individuals and businesses recover	 
from disasters through its Disaster Loan Program. GAO initiated  
work to determine how well SBA provided victims of the Gulf Coast
hurricanes with timely assistance. This report, the first of two,
focuses primarily on the Disaster Credit Management System (DCMS)
and disaster loan process. Here, GAO evaluates (1) what affected 
SBA&apos;s ability to provide timely disaster assistance and (2)	 
actions SBA took after the disasters to improve its response to  
disaster victims. In conducting this study, GAO analyzed data on 
loan applications and assessed key aspects of SBA&apos;s acquisition  
and implementation of DCMS.</abstract>
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 <topic>Disaster relief aid</topic>
 <topic>Hurricane Katrina</topic>
 <topic>Hurricanes</topic>
 <topic>Property losses</topic>
 <topic>Small business</topic>
 <topic>Loans</topic>
 <topic>Property damages</topic>
 <topic>Lending institutions</topic>
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