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Report 10-12 - Assessment of the Community Express Pilot Loan Program
… and veterans). SBA, aware that the program's historical credit performance had generally been worse than that … loans provided to select New Market groups, while keeping credit risk at an acceptable level; (2) small businesses … to determine if lender underwriting practices increased credit risk. Further, we obtained information on the overall … -
Paycheck Protection Program Keeps Ovens Burning, Workers Employed at Vauxhall Takeout Barbeque Restaurant
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CDC Bylaws Crosswalk and FAQ on Eliminating Membership
… Committee, if authorized by the Board, may provide credit approval for loans greater than $2,000,000. LOAN … if established, may be delegated the authority to provide credit approval for loans up to $2,000,000. 6. The CDC’s … if the CDC selects the option of a Membership, can an employee qualify as a member. SBA will no longer monitor CDC … -
Small Town Restaurant Experiences Big Time Community Support During the COVID-19 Pandemic
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From the First State to the Four Corners of the Globe: Delaware Firm Exports Electronics Worldwide with a Little Help from the Delaware Small Business Development Center and SBA
… and was well-aware of the very real human impact that employee downsizing has on personal lives and professional … -
Pandemic Pivoting Supported by the SBA Increased Net Sales for Agway Cape Cod
… 43% increase in net sales, with an average annualized employee count rising from 90 employees in 2018 to 113 … -
How to Market with Brand Advocates
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SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19
… 5,000 more lenders, including community banks, credit unions, and farm credit institutions. Moreover, the agency also plans to have … Small Business Administration Email Press_Office@sba.gov Credit/Capital, PPP … Lenders with $1 Billion or Less in … -
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SBA Michigan District Recognizes Fiscal Year 2017 Lenders Who Helped SBA Guarantee Record-Breaking $1 Billion in the State
… through the use of SBA Export loan programs. Lake Trust Credit Union was named the Credit Union Lender of the Year for support of SBA lending … -
Celebrating our heroes
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HUBZone administration
… of the location of the principal office, 35 percent employee HUBZone residency, or ownership and control. A size … -
Corporate Social Responsibility: What Your Small Business Needs to Know
… companies. Meanwhile, a CSR program can help drive employee recruitment. Seventy-nine percent of millennials — … to a company with a CSR program, according to a recent employee engagement study by Cone Communications . How to Get … -
FACT SHEET: As Hurricane Season Approaches, the U.S. Small Business Administration Continues to Prioritize Equitably Supporting Impacted Communities Through Disaster Assistance, Mitigation, and Business Preparedness Efforts
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Melinda Nearhoof Floors the SBA
… the country, and she’s providing good jobs to her growing employee base.” Nearhoof first retooled the name of the … Nearhoof quickly got to work as both owner and sole employee – often logging 70-hour work weeks and drawing … -
Husband and Wife Team Print a Success!
… guarantee the loan.” Brooks did not have many sources of credit at the time, but he secured a $50,000 Microloan … -
With SBA COVID Relief Programs, Restauranteur and Caterer is Able to Stay in Business and Grow
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SBA Administrator Linda McMahon hails signing of the Economic Growth, Regulatory Relief, and Consumer Protection Act as a major boost for small businesses and job creation
… removes a stranglehold from smaller community banks and credit unions that have been limited in their ability to … a certain threshold. Consumers will be allowed to freeze credit files with credit reporting companies, protecting their data. Active …