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Where To Find Small Business Loans Online
… Lendio.com or Fundera.com. Such financing marketplaces match up businesses to lenders. You can apply directly … -
SBA Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal
… who have yet to apply to visit SBA.gov or contact their lender today.” Since the portal’s launch on August … Administrator Guzman. Today, a borrower of a participating lender can now complete most or all of a forgiveness … SBA’s direct forgiveness portal must apply through their lender for forgiveness. ### About the U.S. Small Business … -
The SBA Salutes the Resilient Small Business Community this National Entrepreneurship Week
… for you. To secure an SBA-guaranteed loan, start by using Lender Match , the SBA’s free online referral program that connects … If you aren’t certain which resource partner is the best match for you, or have questions about other SBA tools, … -
This National Hispanic Heritage Month Is a Celebration of Diversity and Impact
… and long-term financing options, set guidelines and reduce lender risk. Utilize the SBA’s easy-to-use Lender Match tool to get matched with an SBA-approved lender for a … -
In Less Than Two Weeks, Paycheck Protection Program Direct Borrower Forgiveness Portal Surpasses Expectations, Accepts More Than 340K Submissions
… SBA’s direct forgiveness portal must apply through their lender for forgiveness. To ensure that direct forgiveness … -
SBA Partnering with Small Businesses to Drive Economic Recovery
… haven’t yet applied should reach out to a participating lender before the deadline. SBA has launched an additional online resource – Lender Match – for borrowers to connect with lenders quickly. As … -
SBA Announces End-of-Year Capital Benchmarks Showing Historic Support for Small Businesses Under Administrator Guzman
… Hispanic-owned and Black-owned small businesses, per lender reporting. $7.9 billion in funding through private … -
Employee life
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SBA’s Handling of Potentially Fraudulent Paycheck Protection Program Loans
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Management Advisory Memo 16-08
… 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 inspect or adequately value the significant … guarantee payment for $299,318 is appropriate to cure the lender’s material deficiencies on this loan. The Agency … -
Inspection of SBA's Implementation of the Paycheck Protection Program
… of the PPP, including the timing of implementation, lender participation, guidance provided to lenders and staff, … approval and disbursement, and systems used to process lender loan approvals. SBA’s initial response to implement … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
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Statement from Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Success of the Paycheck Protection Program
… approved by banks with $10 billion of assets or less. No lender accounted for more than 5% of the total dollar amount … -
7(a) Working Capital Pilot Fees for Fiscal Years 2024 and 2025
… .pdf for / July 23, 2024 Related programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs Support 7(a) Working Capital Pilot (WCP) Program Guide SOP 50 56 1 Lender participation requirements SOP 50 57 7(a) Loan … -
7(a) Working Capital Pilot Program Addendum to SBA Form 1919
… to collect information about the Applicant business when a Lender submits a 7(a) Working Capital Pilot (WCP) Program … is completed and submitted to SBA electronically by the Lender. Only one SBA Form 2534 should be submitted as part of … form itself, must be submitted into E-Tran, although the Lender must obtain and retain the form in its file. The … -
Audit Report 16-06: Small Business Development Center Hosted by Middle Tennessee State University
… (SBA), SBDCs must provide a dollar-for-dollar match. SBA awarded about $1.9 million to the Tennessee SBDC … counted towards the Lead Center and subcenters’ required match, if this time and effort was overstated, the match could also be overstated. OIG made two recommendations … -
Supervision and Enforcement
… of Secondary Market Sales authority under 13 CFR 120.660, Lender oversight fees, receivership provisions for SBA Supervised Lenders and CDCs, and oversight of SBA Lender management of Agent activities. In addition, it updates Lender peer groups, the corrective action process, Informal … -
Evaluation Report 16-22: The OIG High Risk 7(a) Loan Review Program Recommends $3.2 Million in Recoveries
… review of eight early-defaulted loans identified material lender origination and closing deficiencies that justified … Division. To date, four loans that had material lender deficiencies or indications of suspicious activity … -
Management Information Memorandum 15-17: The OIG High-Risk 7(a) Loan Review Program
… no recommendations. We identified potential material lender noncompliance with SBA’s requirements on two of the … for appropriate action. Moreover, it appeared that the lender materially complied with SBA’s origination and closing … on these two loans. Finally, we identified material lender deficiencies with one other …