ICYMI: The Biden-Harris Administration “Kept Its Promise” to Black and Latino Entrepreneurs with SBA Loans in FY23
… is doing on its goal of getting more loans to minority small business owners “The United States has …
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https://www.sba.gov/article/2023/11/08/icymi-biden-harris-administration-kept-its-promise-black-latino-entrepreneurs-sba-loans-fy23
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SBA and Grameen America Partner to Provide Microloans for Entrepreneurs
https://www.sba.gov/article/2016/aug/03/sba-grameen-america-partner-provide-microloans-entrepreneurs… of $52 million. Almost 85 percent of those loans went to minority small business owners. One year ago, SBA issued a … program is designed to assist women, low-income, veteran, minority entrepreneurs and small business owners, and other … -
SBA Administrator Guzman Announces $44.8 Billion Through Signature Lending Programs
https://www.sba.gov/article/2021/oct/29/sba-administrator-guzman-announces-448-billion-through-signature-lending-programs… were provided to small businesses. Lenders reported that minority business owners received nearly $11 billion in 7(a) … authority for the first time in the program’s history. Minority business owners received nearly $1.88 billion in … from lenders has led to disproportionate impacts on minority business owners. Firms with non-Hispanic Black … -
New Business Applications Reach Record 16 Million Under Biden-Harris Administration
https://www.sba.gov/article/2024/01/11/new-business-applications-reach-record-16-million-under-biden-harris-administration… business job growth of more than 370,000. Women and minority entrepreneurs have made an outsized contribution to … creation and the growing participation of women and minority entrepreneurs in the small business boom. Minority-Owned Small Businesses: Since 2020, the share of the … -
SBA and lenders take more steps to improve Paycheck Protection Program
https://www.sba.gov/article/2021/feb/10/sba-lenders-take-more-steps-improve-paycheck-protection-program… Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) who are trusted agents in extending economic relief to minority communities and underserved populations The SBA is … -
SBA Convenes Council on Underserved Communities Advisory Board Meeting
https://www.sba.gov/article/2016/may/27/sba-convenes-council-underserved-communities-advisory-board-meeting -
UPDATE - WEDNESDAY: Obama Cabinet Member to visit Memphis, Tenn., Helena, Ark., and Clarksdale, Miss., as part of Main Street Road Tour
https://www.sba.gov/article/2016/jul/01/update-wednesday-obama-cabinet-member-visit-memphis-tenn-helena-ark-clarksdale-miss-part-main-street… a walking tour of the Beale St. and Tennessee’s 2016 SBA Minority Business of the Year. After her visit to Memphis she … a.m. Visit Carpenter Primary Healthcare (2016 SBA Tenn. Minority business of the Year) WHERE : Helena, Ark. … -
SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19
https://www.sba.gov/article/2021/jan/13/sba-re-opening-paycheck-protection-program-small-lenders-friday-january-15-all-lenders-tuesday… Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified … of the agency’s ongoing efforts to reach underserved and minority small businesses. On Friday, SBA will continue its … -
Small Business Administration’s Buffalo District Office Celebrates National Small Business Week
https://www.sba.gov/article/2020/mar/10/small-business-administrations-buffalo-district-office-celebrates-national-small-business-week… Aging Well Care Management. LLC 4. SBA Minority Small Business Champion of the Year Mauricio Canton … -
2019 Nevada SBA Small Business Week Award Winner
https://www.sba.gov/article/2019/apr/05/2019-nevada-sba-small-business-week-award-winner… D.C. in May. Other awards and honorees include: Minority Owned Business of the Year: Boss Omiragwa Oroke, … -
Major Clark
https://www.sba.gov/person/major-clark… the HUBZone, 8(a), Small Business Innovation Research, and Minority Enterprise Development programs. In addition, he … a senior corporate officer for one of the fastest growing minority-owned businesses in the United States, the Maxima … Congress enacted numerous innovative laws for small and minority businesses during this time, most still at the … -
SBA Administrator Jovita Carranza Statement on the President’s State of the Union Address
https://www.sba.gov/article/2020/feb/06/sba-administrator-jovita-carranza-statement-presidents-state-union-address… upward mobility among historically underrepresented minority entrepreneurs. Last year, Latino-owned small … -
Opportunity Grows for Entrepreneurs in 2020
https://www.sba.gov/article/2019/dec/30/opportunity-grows-entrepreneurs-2020… lowest rate in 50 years, with rapid business startups by minority women. This leads to 83% of small business owners … wage increase. Across the nation, women and especially minority entrepreneurs are starting businesses locally and … -
SBA Lending Activity in FY17 Shows Consistent Growth
https://www.sba.gov/article/2017/oct/13/sba-lending-activity-fy17-shows-consistent-growth… faced greater challenges in obtaining conventional loans. Minority business owners received a record combined $9.58 … 7(a) lending to women-owned businesses (both majority and minority owned) grew in total dollar and volume. FY17 … -
WHAT THEY ARE SAYING: SBA Administrator Guzman Announces Community Navigator Pilot Program Awardees to Serve as Hubs for Critical Outreach to U.S. Small Businesses
https://www.sba.gov/article/2021/nov/02/what-they-are-saying-sba-administrator-guzman-announces-community-navigator-pilot-program-awardees… American businesses with their partners in the diverse and minority small business community, in all sectors of the … on securing this well-earned grant." Media Bloomberg | Minority, Veteran-Owned Businesses Get $100 Million Boost in … -
SBA Announces End-of-Year Capital Benchmarks Showing Historic Support for Small Businesses Under Administrator Guzman
https://www.sba.gov/article/2022/dec/13/sba-announces-end-year-capital-benchmarks-showing-historic-support-small-businesses-under… the SBA increased the number of financings to women-owned, minority-owned, and veteran-owned small businesses by 29 … were managed by general partnerships inclusive of women, minority, or veteran investment principals. “The SBA … than in both FY21 and FY20. Lenders also reported that minority business owners received over $8.3 billion in 7(a) … -
SBA Re-Opens PPP to Community Financial Institutions First
https://www.sba.gov/article/2021/jan/11/sba-re-opens-ppp-community-financial-institutions-first… Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified … Venues Act and to ensure increased access to the PPP for minority-, underserved-, veteran- and women-owned small … -
Minnesota’s 2020 Small Business Week Winners Announced
https://www.sba.gov/article/2020/mar/11/minnesotas-2020-small-business-week-winners-announced… and James Masterlark, AMMI Risk Solutions, Inc. , Eagan Minority-Owned Small Business of the Year Chiamaka Enemuoh, Lifestone Health Care, Inc. , Proctor Minority Small Business Champion of the Year ChaQuana … -
Building a Solid Foundation with SBA Resources
https://www.sba.gov/success-story/building-solid-foundation-sba-resources… other resources. Dunn Electric is a Kentucky-certified Minority Business Enterprise (MBE). This certification … In 2020, he was also recognized as the SBA Kentucky 2020 Minority Owned Small Business of the Year. To recognize their … -
JMLM Restaurants Recipe for Success with Support from SBA
https://www.sba.gov/success-story/jmlm-restaurants-recipe-success-support-sba… JMLM Restaurants was recognized as SBA’s Minnesota Minority Owned Small Business in 2024. Manny is willing to …