How well are the disaster loans coming along for South Bend’s flood victims? It depends on who you ask.

Only half of the applicants for loans have been approved by the Small Business Administration, according to the South Bend Tribune.

Only 56 of the 126 applications have been approved as of the beginning of November. The SBA announced the loan program in September, after the historic rainfall that damaged homes and businesses in South Bend and other areas.

50 of the remaining applications were denied, and the rest are either pending approval or were withdrawn.

Business loans were approved at a higher rate than home loans, and the approved loans so far have totaled $2.8 million dollars.

One resident who was denied, a former loan officer, says they were denied due to ability to pay back the loan. He disagrees, telling the Tribune that he and his wife definitely had the ability to pay it back.