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https://www.sba.gov/blog/sba-partnering-small-businesses-drive-economic-recovery… the country. To help meet this demand, SBA expanded its lenders to include more than 300 Community Development … resource – Lender Match – for borrowers to connect with lenders quickly. As states begin to safely reopen, I’ve had …
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How to Open a Business Credit File
https://www.sba.gov/blog/how-open-business-credit-file… various sources such as payment data from banks and lenders, UCC filings, incorporation filings, business … It’s essential that suppliers, vendors, retailers, lenders, banks, leasing companies and other businesses that … -
Credit inquiries: what you should know about hard and soft pulls
https://www.sba.gov/blog/credit-inquiries-what-you-should-know-about-hard-soft-pulls… number of hard inquiries in a short period of time because lenders interpret this as an attempt to expand available … purposes. Soft inquiries can also occur from banks, lenders and/or card issuers that you currently have a loan or … -
SBA and Treasury Announce Release of Paycheck Protection Program Loan Data
https://www.sba.gov/article/2020/jul/06/sba-treasury-announce-release-paycheck-protection-program-loan-data… regarding dollars lent per state, loan amounts, top lenders, and distribution by industry. The loans have … provides information regarding the sizes of participating lenders and participation by community development financial … fintechs and other nonbanks, and other types of lenders. It further contains data showing the reach of the … -
Healthy Economy, Reduced Demand Push SBA Loan Volume Down in FY 2019
https://www.sba.gov/article/2020/mar/04/healthy-economy-reduced-demand-push-sba-loan-volume-down-fy-2019… “Banking relationships between small businesses and lenders are no longer dependent on a bank’s physical … presence.” The Buffalo District Office had 49 different lenders participate in SBA lending. And in FY 2019 we … Sciortino added; “we will continue to support all lenders that commit to provide capital to our WNY small … -
Statement from Administrator Mills on Continuing Support for Small Businesses through SBA Recovery Programs
https://www.sba.gov/article/2016/aug/24/statement-administrator-mills-continuing-support-small-businesses-through-sba-recovery-programs… this week when an Information Notice was released to lenders. SBA communicated with its lending partners today … eligible small businesses, in consultation with their lenders, to choose to be placed in the queue for possible … if funding becomes available. Small business owners and lenders will have transparent access to the queue via … -
How to Access Capital for Your Veteran-owned Business
https://www.sba.gov/blog/how-access-capital-your-veteran-owned-business -
Obama Cabinet Member to Visit Boston Area to Support President’s Trade Agenda
https://www.sba.gov/article/2016/jan/19/obama-cabinet-member-visit-boston-area-support-presidents-trade-agenda -
Let the SBA Help Fund Your Next Contract
https://www.sba.gov/article/2020/mar/05/let-sba-help-fund-your-next-contract… Lender Match, an SBA online site matching borrower with lenders -- sometimes in as little as two business days. “All … -
60,000 Paycheck Protection Program Loans Approved in First Week
https://www.sba.gov/article/2021/jan/19/60000-paycheck-protection-program-loans-approved-first-week -
U.S. Small Business Administration Announces Strategic Alliance to Support Small Business Exporters
https://www.sba.gov/article/2022/dec/14/us-small-business-administration-announces-strategic-alliance-support-small-business-exporters -
504 Eligibility Checklist (non-PCLP)
https://www.sba.gov/document/sba-form-2450-504-eligibility-checklist-non-pclp -
Instructions For Use Of SBA Form 148, Unconditional Guarantee, And SBA Form 148L, Unconditional Limited Guarantee
https://www.sba.gov/document/support-148-148l-inst-instructions-use-sba-form-148-unconditional-guarantee-and-sba-form-148l-unconditional-limited -
Consolidated Results of the Office of Inspector General High Risk 7(a) Loan Review Program
https://www.sba.gov/document/report-18-26-consolidated-results-office-inspector-general-high-risk-7a-loan-review-program… more than $8.5 million. To date, SBA has contacted the lenders to obtain additional information to mitigate the … has recovered more than $4 million in guaranty payments to lenders on 5 of the 11 loans. Office of Inspector General … -
Report 12-18: A Detailed Repayment Ability Analysis is Needed on High-Dollar Early-Defaulted Loans to Prevent Future Improper Payments
https://www.sba.gov/document/report-12-18-report-12-18-detailed-repayment-ability-analysis-needed-high-dollar-early-defaulted-loans-prevent… loans was not effective in identifying whether lenders were clearly negligent in determining the borrowers’ … that the SBA perform a detailed analysis of the delegated lenders’ computation of repayment ability on all high-dollar … -
Report 11-16 - Banco Popular Did Not Adequately Assess Borrower Repayment Ability When Originating Huntington Learning Center Franchise Loans
https://www.sba.gov/document/report-11-16-report-11-16-banco-popular-did-not-adequately-assess-borrower-repayment-ability-when-originating… and April 2011 in response to a complaint alleging that lenders improperly originated Small Business Administration … of 7( a) loan program rules, alleged in part that lenders approved the loans based on inflated gross revenue … -
Consolidated Results of the OIG High Risk 7(a) Loan Review Program
https://www.sba.gov/document/report-19-22-consolidated-results-oig-high-risk-7a-loan-review-program… on the five loans and agreed to contact the lenders to obtain additional information to bring the loans … that’s not possible, SBA plans to seek recovery from the lenders. Office of Inspector General Effective: September 26, … -
Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
https://www.sba.gov/document/report-21-06-management-alert-paycheck-protection-program-loan-recipients-department-treasurys-do-not-pay-list -
Duplicate Loans Made Under the Paycheck Protection Program
https://www.sba.gov/document/report-21-09-duplicate-loans-made-under-paycheck-protection-program -
SBA’s Paycheck Protection Program Loan Review Processes
https://www.sba.gov/document/report-22-09-sbas-paycheck-protection-program-loan-review-processes