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Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
… In addition, small business owners that received crucial funding to stay afloat shared their testimonials. See below … In general, it is extremely difficult to find alternative funding sources to COVID EIDL.” U.S. House Small Business … business resources. For additional information on SBA funding opportunities, please visit … -
SBA Administrator Guzman Announces 2022 State Trade Expansion Program Awardees
… announced $20 million in awarded grants resulting in funding for 52 state and territory international trade … success,” said Administrator Guzman. “By providing this funding opportunity and leveraging the strengths and … growth.” This year marks the ten-year anniversary of STEP funding, which continues to support export growth and … -
SBA Highlights Model Public-Private Partnership Program in SBIC Annual Report
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SBIC Executive Summary
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SBA Administrator Guzman Announces $44.8 Billion Through Signature Lending Programs
… Guzman announced the agency reached $44.8 billion in funding to small businesses through more than 61,000 … and entrepreneurial growth across the country.” Overall Funding and Impact: Under Administrator Guzman’s leadership, … than $8.2 billion to small businesses, fully exhausting funding authority for the first time in the program’s … -
Evaluation Report 14-17: Evaluation of SBA’s 2013 and 2014 Cash Gifts
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Two People Sentenced for Stealing Nearly $300,000 in COVID-19 Relief Money
… eligible small businesses could request and obtain relief funding intended to mitigate the economic impacts of the … Protection Program (PPP), provided government-backed funding to small businesses which could be forgiven so long … until the conclusion of the pandemic to provide “bridge” funding for small businesses to maintain their operations … -
Buy assets and equipment
… with your bank, or look for other sources to get more funding for your business. Consider buying government … -
Minnesota High Tech Association receives SBA FAST Grant to Support Small Business Innovation and R&D Commercialization
… High Tech Association has received a FAST award. This funding will drive innovation and create jobs in Minnesota by … the number of SBIR Phase I awards in each state. “SBA FAST funding is critical to deliver our value-added business and … Islands, Guam, and American Samoa are eligible to receive funding to provide outreach, technical, and financial … -
Small Businesses Have New Non-Profit Sources for SBA-financed Loans
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The Right Way to Think About Credit Lines for Business
… one bank or one type of credit line as the sole source of funding it may put your company at risk. When there is no … That doesn’t mean you need to go along with every funding option. Do your research and outweigh the pros and … -
Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
… Corporation, Alaska Growth Capital BIDCO, Inc., and Funding Circle – will help support SBA’s ongoing efforts to … Corporation, Alaska Growth Capital BIDCO, Inc., and Funding Circle will bring the total to 17, helping bring … need to succeed,” said Steve Allocca, Managing Director at Funding Circle U.S. “By leveraging our advanced data and … -
SBA Invests Over $1 Million to Expand Support for Veteran Entrepreneurs
… Administration (SBA) announced over $1 million in new funding to provide critical training and counseling to … as a Veterans Business Outreach Center (VBOC). The new funding opportunity will make awards of up to $400,000 to up … across all U.S. states and territories.” With this SBA funding, recipients will offer training to transitioning … -
The Elite Eight: SBA’s 2023 Regional Exporter of the Year Awards
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SBA Reinforces Long-Term Commitment to Maui’s Recovery from 2023 Wildfires
… Service Center. SBA Disaster Loan Terms and Resilience Funding SBA’s disaster loans offer deferred interest accrual … the initial loan disbursement. SBA also offers additional funding to enhance resilience against future disasters, with … loans can be issued until Congress appropriates additional funding, we remain committed to supporting disaster … -
SBA Newsroom
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FACT SHEET: The U.S. Small Business Administration is Delivering Support to America’s Small Businesses, Helping Them Recover from the COVID-19 Pandemic
… Pilot Program has awarded nearly $100 million in funding to 51 organizations that will work with hundreds of … Through SBA’s core lending programs, $44.8 billion in funding was delivered to small businesses in fiscal year (FY) … entrepreneurs continue to face challenges in accessing funding to start and grow their businesses. Small-dollar … -
SBA and lenders take more steps to improve Paycheck Protection Program
… in a meaningful way; 28% of businesses who have received funding this round are in rural communities Increasing … -
Goodbye 2020, Hello 2021! SBA is Here for Your Small Business in the New Year
… to answer these questions and potentially help you secure funding. For ideas on how to structure your business plan and … free online How to Write a Business Plan course. Consider funding sources. It is essential to know how you will fund … but it can feel challenging to wade through various funding options. Learn about funding types – from …