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https://www.sba.gov/document/procedural-notice-5000-847210-paycheck-protection-program-e-tran-loan-status-updates-ppp-partial-full-forgiveness-payments
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Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries
https://www.sba.gov/document/report-15-09-evaluation-report-15-09-oig-high-risk-7a-loan-review-program-recommends-18-million-recoveries… Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries … improper payments, and was not identified as an improper payment. OIG recommended that SBA require the lenders to … -
SBA Community Advantage Pilot Loan Program Loan Guaranty Agreement (Addendum)
https://www.sba.gov/document/sba-form-750ca-addendum-sba-community-advantage-pilot-loan-program-loan-guaranty-agreement-addendum… SBA Community Advantage Pilot Loan Program Loan Guaranty Agreement (Addendum) Lenders must use this form to participate in the SBA Community Advantage loan program. SBA form 750CA Addendum File size: 216KB | … this form to participate in the SBA Community Advantage loan program. … -
Audit Report 14-13: Significant Opportunities Exist to Improve the Management of the 7(a) Loan Guaranty Approval Process
https://www.sba.gov/document/report-14-13-audit-report-14-13-significant-opportunities-exist-improve-management-7a-loan-guaranty-approval… Opportunities Exist to Improve the Management of the 7(a) Loan Guaranty Approval Process Audit Report 14-13: … Opportunities Exist to Improve the Management of the 7(a) Loan Guaranty Approval Process Report 14-13 On June 6, 2014, … Opportunities Exist to Improve the Management of the 7(a) Loan Guaranty Approval Process . This report presents the … -
MS 15066 - SBA Working Capital Loan Deadline Approaching in Alabama Due to December 2016 Drought
https://www.sba.gov/article/2017/sep/23/ms-15066-sba-working-capital-loan-deadline-approaching-alabama-due-december-2016-drought… MS 15066 - SBA Working Capital Loan Deadline Approaching in Alabama Due to December 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
5 Tax Rules for Deducting Interest Payments
https://www.sba.gov/blog/5-tax-rules-deducting-interest-payments… than home mortgage interest and some interest on student loan debt) is not deductible. Investment interest is only … associates may be made with little or no interest. If the loan is a below-market loan—one bearing an interest rate … the prepaid interest cannot be deducted in the year of payment. This is so even though the business reports its … -
Audit of the Office of Disaster Assistance Improper Payment Appeal Process
https://www.sba.gov/document/report-20-07-audit-office-disaster-assistance-improper-payment-appeal-process… Audit of the Office of Disaster Assistance Improper Payment Appeal Process This is a report of an audit of the Office of Disaster Assistance's Improper Payment Appeal Process Report 20-07 This report presents the … (SBA’s) Office of Disaster Assistance (ODA) improper payment appeal process. Improper payments are payments that … -
SBA-backed Loans Supported Wisconsin Small Businesses with More Than $658 Million to Start and Grow in FY23
https://www.sba.gov/success-story/sba-backed-loans-supported-wisconsin-small-businesses-more-658-million-start-grow-fy23 -
Report 9-11 – SBA-Serviced Liquidation of Certified Development Company Loans
https://www.sba.gov/document/report-9-11-report-9-11-sba-serviced-liquidation-certified-development-company-loans… from the district offices to the two commercial loan service centers in Fresno, California and Little Rock, … from our sample. The 95 sampled loans had an outstanding loan balance of $29.3 million and consisted of 54 that were … offices with those of the service centers. We reviewed SBA loan files, interviewed SBA and CDC personnel, and analyzed … -
NC 14984 - SBA Working Capital Loan Deadline Approaching In North Carolina Due to November 2016 Drought
https://www.sba.gov/article/2017/jun/16/nc-14984-sba-working-capital-loan-deadline-approaching-north-carolina-due-november-2016-drought… NC 14984 - SBA Working Capital Loan Deadline Approaching In North Carolina Due to November … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic
https://www.sba.gov/document/report-23-05-white-paper-7a-loan-program-during-sbas-response-covid-19-pandemic… White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic White Paper pertaining to the 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic. … on the U.S. Small Business Administration’s (SBA) 7(a) loan program performance during SBA’s response to the … -
SC 14985 - SBA Working Capital Loan Deadline Approaching in South Carolina Due to June 2016 Drought
https://www.sba.gov/article/2017/jun/19/sc-14985-sba-working-capital-loan-deadline-approaching-south-carolina-due-june-2016-drought… SC 14985 - SBA Working Capital Loan Deadline Approaching in South Carolina Due to June 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
Testimony of Debra S. Ritt, Assistant Inspector General for Auditing, U.S. Small Business Administration, Before the Committee on Small Business and Entrepreneurship United States Senate September 20, 2007
https://www.sba.gov/article/2007/sep/20/testimony-debra-s-ritt-assistant-inspector-general-auditing-us-small-business-administration… of SBA grant disbursements. I will address the extent of payment delays, their causes, and possible solutions; as well … disbursed from 30 to 353 days following the receipt of payment requests. By comparison, 40 percent of grant payments … occurred in FY 2005, two WBCs had to wait 340 days for payment. These delays caused WBCs to lay off staff, abandon … -
GA 15174 - SBA Working Capital Loan Deadline Approaching in Georgia Due to April 2017 Drought
https://www.sba.gov/article/2018/jan/16/ga-15174-sba-working-capital-loan-deadline-approaching-georgia-due-april-2017-drought… GA 15174 - SBA Working Capital Loan Deadline Approaching in Georgia Due to April 2017 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
FL 15063 - SBA Working Capital Loan Deadline Approaching in Florida Due to December 2016 Drought
https://www.sba.gov/article/2017/sep/08/fl-15063-sba-working-capital-loan-deadline-approaching-florida-due-december-2016-drought… FL 15063 - SBA Working Capital Loan Deadline Approaching in Florida Due to December 2016 … Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
SBA’s Patriot Express Loan Initiative Delivers Nearly $500 Million to 6,000 Vets and Military Community
https://www.sba.gov/article/2016/aug/24/sbas-patriot-express-loan-initiative-delivers-nearly-500-million-6000-vets-military-community… SBA’s Patriot Express Loan Initiative Delivers Nearly $500 Million to 6,000 Vets … U.S. Small Business Administration’s Patriot Express Pilot Loan Initiative has supported nearly $500 million in Patriot … the American Recovery and Reinvestment Act, which raised loan guarantees to 90 percent, and temporarily eliminated … -
PA 14994 - SBA Economic Injury Disaster Loans Available in Pennsylvania Following Secretary of Agriculture Disaster Declaration for Nov. Drought
https://www.sba.gov/article/2016/dec/02/pa-14994-sba-economic-injury-disaster-loans-available-pennsylvania-following-secretary-agriculture… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on … -
MI 16533 - SBA Disaster Loans are Vital for Community Recovery, Now top $1 Million in Michigan for Severe Storms and Flooding
https://www.sba.gov/article/2020/jul/23/mi-16533-sba-disaster-loans-are-vital-community-recovery-now-top-1-million-michigan-severe-storms… As a result, SBA has opened a Virtual Disaster Loan Outreach Center/Business Recovery Center (VDLOC/VBRC) to help survivors apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at … application. The VDLOC/VBRC information: Virtual Disaster Loan Outreach Center/Business Recovery Center (VDLOC/VBRC) … -
Deadline Approaching in Iowa for SBA Working Capital Loans Due to DroughtDeadline Approaching in Iowa for SBA Working Capital Loans Due to Drought
https://www.sba.gov/article/2023/05/15/deadline-approaching-iowa-sba-working-capital-loans-due-droughtdeadline… the June 15 deadline to apply for an SBA federal disaster loan for economic injury. These low‑interest loans are to … private nonprofit organizations with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
AL 15462 - SBA Offers Working Capital Loans to Mississippi Small Businesses Following Secretary of Agriculture Disaster Declaration
https://www.sba.gov/article/2018/mar/21/al-15462-sba-offers-working-capital-loans-mississippi-small-businesses-following-secretary… Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to eligible farm-related and … loans for losses caused by drought conditions. The loan amount can be up to $2 million with interest rates of … applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on …