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SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans
… the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to … engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will … small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request … -
How to do a Practical Lean Business Plan in Four Easy Steps
… How to do a Practical Lean Business Plan in Four Easy Steps May 10, … the document. Just write down your key strategy choices. Make it as simple as a bulleted list. Consider it for your … you can put on the calendar to measure progress as you make it. These normally include tasks, deadlines, budgets, … -
SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to … engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will … Disaster Loans offer up to $2 million in assistance for a small business. These loans can provide vital economic … -
SBA Success Story to Be Honored at Mid-America Trade Summit
… in exporting high-quality food and grocery products and is a shining example of how a company can take advantage of the … “A lot of our sales are through large customers on long payment terms. We would not have the cash flow to make those big sales without the SBA. The bigger the … -
The Pros and Cons of Owning A Retail Franchise
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From Combat to Coffee: Air Force Veteran Trades Boots for Beans
… Air Force Veteran Trades Boots for Beans Mike Sutmaier is a firm believer in the power of coffee. As a self-described … was an easy choice for this 20-year Air Force veteran to make when he was exploring business options while retiring … “We had been working with beauty salons where they could make full on coffee drinks. They had a full coffee station … -
SBA’s Actions to Address Forgiven PPP Loans Subsequently Flagged as Potentially Ineligible
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Prepare Your Small Business for Hurricane Season
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SBA Offers Disaster Assistance to Texas Businesses and Residents Affected by the Severe Storms and Tornadoes
… SBA acted under its own authority to declare a disaster following the denial of the state’s request for a major disaster declaration for individual assistance on … federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and … -
Alabama Goods Crafting Success One Local Treasure at a Time
… Alabama Goods Crafting Success One Local Treasure at a Time Customers from all over the world seeking a small … their online offerings. They requested that their vendors make products that were in high demand at that time. For … the SBA Paycheck Protection Program (PPP) loan helped make up for the loss in revenue and helped to keep salaries … -
7 Ideas for Marketing to Existing Customers
… Rieva Lesonsky is CEO and President of GrowBiz Media, a media company that helps entrepreneurs start and grow their … products, services and offers they may not be aware of. Make them feel special. Consider hosting special events just … banquet for a B2B business. Receiving an invitation will make customers feel valued. Continue the special feeling at … -
SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to … engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will … Disaster Loans offer up to $2 million in assistance for a small business. These loans can provide vital economic … -
Protect Your Small Business This Hurricane Season
… on June 1 but it’s never too early to prepare. Damage from a hurricane can be costly for small businesses and can pose … there are ways that you can fortify your business against a hurricane to minimize losses and reduce risks for workers. … Program . Developing an emergency communications plan. Make sure you have a plan in place for how you will … -
Know the import and export laws and regulations
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Coffee Shop in West Point Keeps Brewing Up Hospitality With PPP Loan from SBA
… Hospitality With PPP Loan from SBA Back in the olden days, a painted red door on a house meant that inside was a place … “some people like to enjoy a slice of cake or pie that we make, so mostly a custom bakery is what I do. It really is … slowed it was super helpful to know for sure that I could make payroll and purchase supplies and just take care of that … -
Eric M. Thorson, Inspector General, U.S.Small Business Administration Before the Subcommittee on Government Management, Finance, Accountability of the Commitee on Government Reform, United States House of Representatives, May 10, 2006
… General Oversight Will Be Needed. It is clear that a massive effort by governments and the private sector will … can last up to 30 years. By law, SBA is authorized to make two types of disaster assistance loans in this kind of … amount of a disaster home loan be reduced by any insurance payment, grant or other compensation. We are coordinating … -
ICYMI: The Biden-Harris Administration “Kept Its Promise” to Black and Latino Entrepreneurs with SBA Loans in FY23
… businesses over the previous five fiscal years, including a pandemic dip in 2020 when the SBA only backed 3,877 such … small business owners “The United States has experienced a small business boom in recent years , and people of color are a large part of that success, making progress on historical … -
SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
… EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000. “More than 3.7 million … shift all EIDL payments to 2022, SBA will extend the first payment due date for disaster loans made in 2020 to 24-months … -
Biden-Harris Administration to Launch New Initiative to Increase Federal Contracting with Small Disadvantaged Businesses