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WHAT THEY ARE SAYING: Allies Praise Biden-Harris Administration Expansion of SBA’s Community Advantage Pilot Program Targeting Access to Capital for Underserved Entrepreneurs
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SBA Increases Disaster Recovery Lending for Small Businesses through Express Bridge Loan Pilot Program
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Serious Concerns Regarding the Return of Paycheck Protection Program Funds
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Report 16-11: Management Advisory Memorandum
… identified as part of our review. We identified that the lender did not provide sufficient information to support that … origination and closing requirements. Specifically, the lender did not comply with material SBA requirements … to an existing building. We also determined that the lender failed to address and mitigate adverse changes … -
Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries
… review of seven early-defaulted loans identified material lender origination and closing deficiencies that justified … transactions as high risk. We also identified material lender underwriting deficiencies (i.e. repayment ability) in … audit, we determined that SBA’s limited reviews of lender underwriting resulted in improper payments. In … -
Commercial Loan Service Center
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Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on the Success of the Paycheck Protection Program
… that need this assistance to work with an approved lender to apply. “We are fully committed to ensuring that … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… the PPP application process this week as connecting with a lender and compiling necessary paperwork can take some time. … -
Nearly $30 Billion in PPP, EIDL Funds Approved for Pacific Northwest Small Businesses, Nonprofits
… the PPP application process this week as connecting with a lender and compiling necessary paperwork can take some time. … -
SBA’s Guaranty Purchases for Paycheck Protection Program Loans
… policies, and procedures; and effectively oversaw lender communication, servicing, and debt collection … the loan payment becomes more than 60 days past due, the lender should request a guaranty purchase, which is SBA’s … to Treasury. Further, SBA did not effectively oversee lender communication, servicing, and debt collection … -
ROM 10-03 – Notice of Finding and Recommendation on Recovery Act Loans Involving Change of Ownership Transactions
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Peggy E. Gustafson, Inspector General, U.S. Small Business Administration, Before the Small Business Committee, United States House of Representatives, April 21, 2010
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5 Simple Questions to Help Determine Your Business Financing Options
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Omaha Entrepreneur’s Corporate Career Goes to the Dogs – And She Couldn’t Be Happier
… world have in common? They all led to Eliza Burr creating Preferred Pet Partners, a pet care/walking/sitting business … from my job,” said Burr when asked about the origins of Preferred Pet Partners. Eliza moved into another corporation … as a professional pet care provider, and in June of 2017, Preferred Pet Partners was born – as a side gig. “At first, … -
SBA Strengthens Small Business Community Lending Network
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How to Have A Stand Out Business Credit Application
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Asset-Based Lending: What is the Upside and Downside?
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SBA Announces Opening of Paycheck Protection Program Direct Forgiveness Portal
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Goodbye 2020, Hello 2021! SBA is Here for Your Small Business in the New Year
… with reasonable rates and terms, contact your local SBA Lender to see if you are eligible for SBA programs. SBA works … work best for you. The guarantee is conditional on the lender following SBA program requirements. Just like with any … other loan, you make your loan payments directly to your lender in accordance with your terms. You can get started …