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Small Business Administration Announces Agency-Wide Reorganization
… programs of the past. Prioritizing risk management and fraud prevention by centralizing these functions within the … An estimated $200 billion in Paycheck Protection Program (PPP) and Covid Economic Injury Disaster Loan (EIDL) fraud was ignored for four years. Meanwhile, irresponsible … -
With SBA COVID Relief Programs, Restauranteur and Caterer is Able to Stay in Business and Grow
… out four SBA-administered Paycheck Protection Program (PPP) loans for his Euclid, Shaker Heights and Garfield Heights stores. “The PPP was a great thing, and I was able to pay employees and pay rent,” Sam said. “The PPP loans helped us get ahead of the game. Because of the … -
SBA Helps Salon Manage Growth and Pandemic Impact
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SBA Shares Resources for Black-Owned Businesses During National Black History Month
… consider applying for the Paycheck Protection Program (PPP) or an Economic Injury Disaster Loan (EIDL). The PPP, which relaunched last month, is intended to help … paying other essential bills. You can get matched with a PPP lender via Lender Match – a free online tool that … -
Financial Therapy in the Time of Need
… by her banker regarding the Paycheck Protection Program (PPP) and she was urged to apply. Premier Physical Therapy was approved for a $98,000 PPP loan which allowed the business to continue providing … sought the assistance of SBA services, but thanks to the PPP and the SBA EIDL, the business has been able to remain as … -
Magic City Hoagies
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Paycheck Protection Program Loans and Changes of Ownership
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Morgantown Small Business uses Paycheck Protection Program bring back Employees
… in Morgantown to secure the Paycheck Protection Program (PPP) under the CARES act. “I found the process to get the PPP to be relatively simple, the most difficult part was … received the much needed funds in 7-10 business days.” The PPP has allowed Masters to hire back all of his employees who … -
Statement by SBA Administrator Guzman on President Biden’s Pandemic Anti-Fraud Proposal
… Administrator Guzman on President Biden’s Pandemic Anti-Fraud Proposal WASHINGTON – Today, Administrator Isabella … the following statement on President Biden’s sweeping anti-fraud proposal: “President Biden and Vice President Harris … While the previous administration skipped basic fraud controls in the Paycheck Protection Program and the … -
Essential Business uses Paycheck Protection Program to Bring Back Employees
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Readout from the SBA / Treasury Roundtable Discussion with Minority Depository Institutions
… experiences as lenders in the Paycheck Protection Program (PPP), including their work to serve small businesses in low- … the MDIs for their continued efforts in ensuring that PPP funds reach all communities in need. As of July 24, 2020, 171 MDIs had participated in the PPP, approving over 120,000 loans for more than $10 billion. … -
SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program
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Helping America’s Entrepreneurs Get Back to Business
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READOUT: SBA Administrator Joined Congresswomen Brenda Lawrence, Rashida Tlaib, and Haley Stevens in Detroit to Highlight the SBA’s Efforts to Support ‘Made in America’ Initiatives
… worst of the pandemic with Paycheck Protection Program (PPP) funding and used the assistance to pay staff while they … K-Tec Systems got funding from Paycheck Protection Plan (PPP) and the COVID Economic Injury Disaster Loan (COVID … Bobcat Bonnies benefitted from funding from the SBA’s PPP and COVID EIDL programs. They used funding from PPP to … -
Independent Auditors’ Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019
… corrective action plans for the disaster assistance loans, PPP loan forgiveness, and PPP loan guaranty purchases programs and activities. … 7(a), Agency Management, CDC/504, Pandemic Oversight, PPP Activity Audit/evaluation Remove download button Off … … -
Local bakery utilizes Paycheck Protection Program to ease payroll burden during COVID-19 pandemic
… SBA’s assistance through the Paycheck Protection Program (PPP). The bakery, owned by Mike and Pamela Harris, received … and operating expenses for eight weeks under the CARES act PPP. Harris was notified about the program from her West … starting our business with the SBA and now getting this PPP loan to sustain our business during this crisis.” … Local … -
Executive Transportation Drives through Crisis with SBA-backed Programs
… led him to be the first business his bank provided a PPP loan to. As soon as it received the PPP loan, Executive Transportation hired everyone back. Some … back to the business,” explained Ortis. “Additionally, the PPP brought my marketing and control team back to find ways … -
David Alcorta Catering
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Making Music Together and Building Community in Oregon