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https://www.sba.gov/article/2022/dec/13/sba-announces-end-year-capital-benchmarks-showing-historic-support-small-businesses-under… We continue to make progress expanding our network of SBA lenders and removing barriers to capital for small businesses … loans under $150,000 in FY22 than in both FY21 and FY20. Lenders also reported that minority business owners received … those who lack established relationships with traditional lenders. These products also remain extremely attractive to …
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Evaluation Report 16-22: The OIG High Risk 7(a) Loan Review Program Recommends $3.2 Million in Recoveries
https://www.sba.gov/document/report-16-22-evaluation-report-16-22-oig-high-risk-7a-loan-review-program-recommends-32-million-recoveries… management advisory memorandums that SBA require the lenders to bring the three loans into compliance or seek … agreed with the recommendations and is working with the lenders. In this report, we recommended that SBA evaluate … -
Rural Small Business Financing & Speed Lending
https://www.sba.gov/article/2019/apr/16/rural-small-business-financing-speed-lending… to meet with small business assistance organizations and lenders to learn more about the many opportunities available … Registrants will sign-up in advance to meet directly with lenders regarding their financing needs. Similar to speed … -
DFW Small Businesses Receive Record Lending of Over $1 Billion For A Consecutive Third Year!
https://www.sba.gov/article/2017/nov/06/dfw-small-businesses-receive-record-lending-over-1-billion-consecutive-third-year… outstripped last year’s figures by 4.5%." A total of 154 lenders and 12 Certified Development Companies (CDCs) … with $55 million in lending. Below are the top five 7a lenders in the DFW district. Top 7(a) Lenders Orig $ # Loans Wells Fargo Bank, N.A. $102,174,200 … -
Management Advisory Memo 16-08
https://www.sba.gov/document/report-16-08-management-advisory-memo-16-08 -
Management Information Memorandum 15-17: The OIG High-Risk 7(a) Loan Review Program
https://www.sba.gov/document/report-15-17-management-information-memorandum-15-17-oig-high-risk-7a-loan-review-program -
Inspection of SBA's Implementation of the Paycheck Protection Program
https://www.sba.gov/document/report-21-07-inspection-sbas-implementation-paycheck-protection-program… implementation, lender participation, guidance provided to lenders and staff, timeliness of loan approval and … and SBA guidance was not sufficient to ensure PPP lenders prioritized underserved markets during the initial … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
https://www.sba.gov/article/2020/may/03/sba-regional-administrator-rob-scotts-statement-paycheck-protection-programs-second-round-funding… steps we’ve taken are to pace applications so all lenders submit at the same rate per hour and eliminate lenders’ ability to use robotic processing automation, which … nearly $90 billion had been processed via nearly 5,300 lenders in the second round. And, small- and medium-sized … -
Statement from Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Success of the Paycheck Protection Program
https://www.sba.gov/article/2020/apr/17/statement-secretary-steven-t-mnuchin-administrator-jovita-carranza-success-paycheck-protection-0 -
SBA’s Handling of Potentially Fraudulent Paycheck Protection Program Loans
https://www.sba.gov/document/report-22-13-sbas-handling-potentially-fraudulent-paycheck-protection-program-loans… and rapid discovery of different kinds of fraud schemes. Lenders also were not always clear on how to handle PPP fraud … remained in the borrower’s account. SBA did not provide lenders sufficient specific guidance to effectively identify, … roles, responsibilities, and processes and provide lenders formal guidance for managing and handling potentially … -
7(a) Working Capital Pilot Program Addendum to SBA Form 1919
https://www.sba.gov/document/sba-form-2534-7a-working-capital-pilot-program-addendum-sba-form-1919 -
7(a) Working Capital Pilot Fees for Fiscal Years 2024 and 2025
https://www.sba.gov/document/information-notice-5000-859410-7a-working-capital-pilot-fees-fiscal-years-2024-2025 -
Supervision and Enforcement
https://www.sba.gov/document/sop-50-53-2-supervision-enforcement… oversight fees, receivership provisions for SBA Supervised Lenders and CDCs, and oversight of SBA Lender management of … -
The U.S. Small Business Administration can Finance your International Sales
https://www.sba.gov/blog/us-small-business-administration-can-finance-your-international-sales… their lender for working capital financing; however, many lenders encounter challenges providing that need because of … Quite simply, SBA will provide a 90% loan guarantee to lenders who extend working capital loans for U.S. small … loan officers who can help you connect with active SBA lenders in your community and help craft an export working … -
Capital Credit Union Presented with SBA Award
https://www.sba.gov/article/2016/dec/22/capital-credit-union-presented-sba-award… (SBA) North Dakota District Office, as one of the top SBA lenders in North Dakota. Capital Credit Union closed 21 SBA … -
White Paper: Risk Awareness and Lessons Learned from Prior Audits of Economic Stimulus Loans
https://www.sba.gov/document/report-20-11-white-paper-risk-awareness-lessons-learned-prior-audits-economic-stimulus-loans… SBA offers guarantees on loans made by participating lenders to help expand capital to small businesses that face … -
New Report Reveals Historic Surge in Small Business Financing Under Biden-Harris Administration
https://www.sba.gov/article/2024/10/24/new-report-reveals-historic-surge-small-business-financing-under-biden-harris-administration… modernized lending criteria for small loans, welcomed new lenders with expertise on underserved borrowers into the 7(a) program, and made it easier for both lenders and business owners to work with the SBA. The FY24 … Lender Match page to be matched with participating SBA Lenders that can provide funding with competitive rates and … -
Calculate your startup costs
https://www.sba.gov/business-guide/plan-your-business/calculate-your-startup-costs… format that’s clear and easy to understand. Investors and lenders compare expected costs to projected revenue and … -
10-06 - Audit of SBA’s FY 2009 Financial Statements- Management Letter
https://www.sba.gov/document/report-10-06-10-06-audit-sbas-fy-2009-financial-statements-management-letter -
Young Entrepreneur Turns Family Toffee Recipe into a Sweet Success
https://www.sba.gov/success-story/young-entrepreneur-turns-family-toffee-recipe-sweet-success… guarantees small business loans issued by program-approved lenders, giving lenders the confidence to provide qualifying entrepreneurs … on reasonable terms by promising to reimburse those lenders up to 75-85% of a loan's value upon borrower default. …