NEW YORK — The Small Business Administration could run out of money to fund disaster loans in the wake of Hurricane Helene’s devastation.

As is typical after a disaster, the government is offering aid to small businesses that were in Helene’s path. The SBA is offering disaster loans for small businesses in some counties in Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia.

But President Joe Biden said in a letter to Congress on Friday that aid could run out “in a matter of weeks” if more federal funding is not approved. And now another hurricane, Milton, is bearing down on Florida.

In a statement, the SBA said that it will continue sharing information about its disaster loan programs and assisting borrowers with initial processing and servicing loans. But if funding lapses, all new offers would be held back and delayed until program funding is replenished.

Business owners can apply for two types of disaster loans. Business physical disaster loans are for repairing or replacing disaster-damaged property, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, nonprofit organizations such as charities, churches and private universities are also eligible.

Businesses have until the end of November to apply for these loans.

Economic injury disaster loans are working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, nonprofit organizations meet financial obligations that cannot be met as a direct result of a disaster.

The loans are intended to assist through the recovery period and have a deadline of June 30, 2025.