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SBA Deadline Approaching in Illinois Affected by September 2022 Apartment Building Explosion in Chicago
https://www.sba.gov/article/2023/06/06/sba-deadline-approaching-illinois-affected-september-2022-apartment-building-explosion-chicago -
SBA Deadline Approaching in Virginia Affected by July 2022 Flooding
https://www.sba.gov/article/2023/06/20/sba-deadline-approaching-virginia-affected-july-2022-flooding… in Virginia that the deadline is July 20 to apply for working capital disaster loans. Small businesses, small agricultural … federal Economic Injury Disaster Loans (EIDLs) are for working capital needs caused by the disaster and are … -
SBA Partners with Southeast Indiana Region SBDC to Sponsor Free Webinar on Business Recovery on July 21 for Businesses in Tornado-Affected Areas
https://www.sba.gov/article/2023/07/14/sba-partners-southeast-indiana-region-sbdc-sponsor-free-webinar-business-recovery-july-21-businesses… 11 a.m. EST. The webinar will offer information on SBA’s working capital loans, technical and counseling services by the … encouraged to participate in the free event to learn how working capital loans can be used to pay normal operating … -
SBA Disaster Recovery Workshop in Monterey Park for Businesses Impacted by Monterey Park Mass Shooting and Related Investigation:
https://www.sba.gov/article/2023/12/05/sba-disaster-recovery-workshop-monterey-park-businesses-impacted-monterey-park-mass-shooting-related… explain how an Economic Injury Disaster Loan can help meet working capital needs caused by this sensitive incident. Following … would like to resubmit their application for a disaster working capital loan,” Sánchez continued. The workshop will … -
7 Tax Strategies to Consider When Selling a Business
https://www.sba.gov/blog/7-tax-strategies-consider-when-selling-business… you sold each asset separately. Most of the assets trigger capital gains, which are taxed at favorable tax rates. But … while the seller wants to allocate as much as possible to capital gain assets such as goodwill, the buyer wants a good … The sale of an interest in a partnership is treated as a capital asset transaction; it results in capital gain or … -
SBA Offers Disaster Aid Following Fierce Six-Alarm Massachusetts Fire
https://www.sba.gov/article/2024/10/29/sba-offers-disaster-aid-following-fierce-six-alarm-massachusetts-fire… support they need to recover following this event.” “Working capital loans from the SBA are essential to eligible small … nonprofit organizations may borrow up to $2 million for working capital needs arising due to the disaster,” said … -
SBA Drought Relief Still Available to Idaho Businesses: Don’t Miss the Deadline to Apply!
https://www.sba.gov/article/2025/01/03/sba-drought-relief-still-available-idaho-businesses-dont-miss-deadline-apply… producers, farmers, and ranchers. EIDLs are for working capital needs caused by the disaster and are available even … type of activity and its financial resources. These working capital loans may be used to pay fixed debts, … -
Edmonds Exporting Business Utilizes SBA Resources to Expand
https://www.sba.gov/success-story/edmonds-exporting-business-utilizes-sba-resources-expand… Richard Brinton already had a successful corporate career, working primarily in sales and marketing and product … to enter new markets and expand their business. Working with He and obtaining ITAR registration allowed … with a sudden drop in overseas business. Through working with his SBDC business advisor, Briton learned about … -
Statement by SBA Administrator Guzman Observing Black History Month 2022
https://www.sba.gov/article/2022/feb/01/statement-sba-administrator-guzman-observing-black-history-month-2022… long faced historic inequities and systemic barriers to capital and resources needed to start and grow their … resources to Black communities across this nation. We’re working each day to level the playing field for business … is ongoing, and under President Biden’s leadership, we’re working this Black History month and every month to close … -
SBA Drought Relief Still Available to Kansas Businesses:
https://www.sba.gov/article/2025/01/10/sba-drought-relief-still-available-kansas-businesses… for aquaculture enterprises. EIDLs are available for working capital needs caused by the disaster and are available even … type of activity and its financial resources. These working capital loans may be used to pay fixed debts, … -
Providing Standby Letters of Credit to Your Client is Easy with SBA
https://www.sba.gov/blog/providing-standby-letters-credit-your-client-easy-sba… credit. This standard bank practice reduces the exporter’s working capital and ability to buy materials, pay staff, and may … of credit. By using the SBA Export Express or Export Working Capital Programs , small businesses can get standby … -
SBA Reaches New Milestone Awarding $7.5 Billion in Shuttered Venue Operators Grants to over 10,000 Venues
https://www.sba.gov/article/2021/jul/27/sba-reaches-new-milestone-awarding-75-billion-shuttered-venue-operators-grants-over-10000-venues… bounce back bigger and better than ever, and I’ll keep working with the SBA to get all of the program’s assistance … -
Microloan program
https://www.sba.gov/partners/lenders/microloan-program -
Minneapolis Jeweler Got Its Start and Has Grown with Help from the SBA
https://www.sba.gov/success-story/minneapolis-jeweler-got-its-start-and-has-grown-help-sba… New Gild Jewelers in Minneapolis, Minn., met as jewelers working in the industry for others. Restless, they dreamt of … that would value staff, have good wages and supportive working conditions. Going for it in 2017, they made the leap … and signed a lease and then started looking for outside capital to augment their savings and credit card spending. … -
MI 14509 - SBA Disaster Loan Deadline in Michigan is June 14; There is Still Time to Apply
https://www.sba.gov/article/2016/may/16/mi-14509-sba-disaster-loan-deadline-michigan-june-14-there-still-time-apply… producers, farmers and ranchers. The loans are for working capital and can be up to $2 million with interest rates of 4 … are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, … -
Top Business Trends for 2021
https://www.sba.gov/blog/top-business-trends-2021 -
Los Angeles Investment Firm Named Small Business Investment Company of the Year
https://www.sba.gov/article/2018/apr/27/los-angeles-investment-firm-named-small-business-investment-company-year… It provides total debt solutions and junior capital for high quality, lower middle market businesses that … Avante invests between $5 million and $25 million of capital in the form of unitranche or one-stop debt as well as … It also partners with other lenders to provide an optimal capital solution. Avante works with private equity and … -
SBA Offers a Lifeline to Montana Businesses Hit by Summer Weather: Apply for a Low-Interest Disaster Loan Today!
https://www.sba.gov/article/2024/12/31/sba-offers-lifeline-montana-businesses-hit-summer-weather-apply-low-interest-disaster-loan-today… for aquaculture enterprises. EIDLs are available for working capital needs caused by the disaster and are available even … type of activity and its financial resources. These working capital loans may be used to pay fixed debts, … -
MS 16135 - SBA Closes Business Recovery Center in Mississippi; Over $2 Million in Disaster Loan Funds Approved
https://www.sba.gov/article/2019/oct/30/ms-16135-sba-closes-business-recovery-center-mississippi-over-2-million-disaster-loan-funds-approved… million. The SBA offers economic injury loans to help meet working capital needs caused by the disaster. Eligibility for these working capital loans are based on the size and type of …