CBS News reports (emphasis added):
Only $1.6 billion remains in a federal program to help small businesses impacted by hurricanes and natural disasters — enough funding for only a few more weeks without emergency intervention by Congress. Multiple Biden administration and congressional sources told CBS News there are concerns funding will be depleted by the end of this month.
The remaining pot of funding in the Small Business Administration's disaster loan fund is being severely strained by the damage of Hurricane Helene, CBS News has learned, and the Small Business Administration has received at least 3,000 applications every day since Hurricane Helene struck the Southeast. One administration official said there is not sufficient money to last until Congress' scheduled return to Washington after the November elections.
Congress failed to include additional funding for the disaster fund when it passed a short-term spending bill to fund the federal government in September. Although there is optimism that sufficient money remains to help offset the costs of the Federal Emergency Management Agency until Congress returns during the week of Nov. 12, there are growing concerns that the Small Business Administration disaster money will run dry.
CBS specifically notes that the Republican senator from Florida Rick Scott is among those asking Congress to reconvene immediately:
An aide to Sen. Rick Scott, a Florida Republican, told CBS News that Scott spoke with President Biden about the need for Congress to swiftly reconvene and approve new federal aid to respond to Helene's destruction.
“While I know from my experience with previous hurricanes that FEMA and SBA damage assessments take time, I am today urging Majority Leader Chuck Schumer to immediately reconvene the U.S. Senate when those assessments are completed so that we can pass the clean supplemental disaster funding bill and other disaster relief legislation,” Scott said in a news release.