It's called the Rural Small Business Resilience act, and it directs the Small Business Administration to target small businesses specifically in the wake of a natural disaster so that they know what resources are available to them. 40% of small businesses will close in the wake of a natural disaster. So they need special attention. And, you know, with our. With the increased flooding and extreme weather that we're seeing, it becomes even more important. (04:54–04:58)
CLAIM
Asserts that 40% of small businesses close following a natural disaster.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
