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https://www.sba.gov/document/procedural-notice-5000-875701-sunset-sbss-score-7a-small-loans… programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs Remove download button Off …
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Revised Applicant Ownership, Citizenship, and Residency Requirements for 7(a) and 504 Loans
https://www.sba.gov/document/procedural-notice-5000-876626-revised-applicant-ownership-citizenship-residency-requirements-7a-504-loans… 7(a), CDC/504 SOP 50 10 Lender and Development Company Loan Programs Procedural notice 5000-872050 Procedural Notice … -
SBA-backed loan helps basketball player build facility to train the next generation of athletes
https://www.sba.gov/success-story/sba-backed-loan-helps-basketball-player-build-facility-train-next-generation-athletes… SBA-backed loan helps basketball player build facility to train the next … to get his financials in order. The process of securing a loan was a long one, but Miller ultimately secured a $1.9 million SBA-guaranteed 504 loan through Wessex 504, a Certified Development Company, and … -
U.S. Small Business Administration Exceeds $100 Million in Hurricane Fiona Assistance
https://www.sba.gov/article/2023/mar/14/us-small-business-administration-exceeds-100-million-hurricane-fiona-assistance… the SBA’s Disaster Relief Funding: The SBA’s disaster loan program is the only federal assistance program that … is no pre-payment penalty, and borrowers can begin making loan payments during the deferment period. For small … needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … -
SBA Releases Updated Paycheck Protection Program Report with Second Round Funding Status and Loans by State
https://www.sba.gov/article/2020/may/15/sba-releases-updated-paycheck-protection-program-report-second-round-funding-status-loans-state… organizations. Great Lakes Region state-specific PPP loan details for each round (round one as of April 16; round … -
SBA Amends Individual and Public Assistance Maui Wildfires Disaster Declarations to Include Damage from High Winds
https://www.sba.gov/article/2023/10/26/sba-amends-individual-public-assistance-maui-wildfires-disaster-declarations-include-damage-high… Centers, Business Resource Assessment Center, Portable Loan Outreach Center and the Council for Native Hawaiian … 2.5% for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on … accrue until 12 months from the date of the first disaster loan disbursement. The SBA’s disaster loan repayment begins … -
Counseling, SBA-guaranteed loan help Illinois pest management firm scale up
https://www.sba.gov/success-story/counseling-sba-guaranteed-loan-help-illinois-pest-management-firm-scale… Counseling, SBA-guaranteed loan help Illinois pest management firm scale up Motivated by … helped prepare her to apply for an SBA-guaranteed 7(a) loan. She also sought and received assistance from … and succession plans. After securing an SBA-guaranteed loan worth $369,000, Landmark expanded in 2017 to a … -
Deadline Approaching for Private NonProfit Organizations in New York to Apply for Physical Damage Loans
https://www.sba.gov/article/2024/03/04/deadline-approaching-private-nonprofit-organizations-new-york-apply-physical-damage-loans… terms up to 30 years. Applicants may be eligible for a loan amount increase of up to 20 % of their physical damages, … telecommunications relay services. Submit completed loan applications to SBA no later than April 1, 2024. The … -
Amid COVID Shutdown, SBA Economic Injury Disaster Loan Positions Newark Personal Training & Wellness Studio to Survive
https://www.sba.gov/success-story/amid-covid-shutdown-sba-economic-injury-disaster-loan-positions-newark-personal… Amid COVID Shutdown, SBA Economic Injury Disaster Loan Positions Newark Personal Training & Wellness Studio to … and metro NJ area. Jilus applied for an SBA COVID-19 EIDL loan in late March 2020 and was approved for $71,000 in … all healthcare workers. "The SBA Economic Injury Disaster Loan program helped position us to survive," Jilus says. … -
HI 15800-01 SBA Offers Disaster Assistance to Hawaii Businesses and Residents Affected by Hurricane Lane, including Wildfires and Floods
https://www.sba.gov/article/2018/nov/21/hi-15800-01-sba-offers-disaster-assistance-hawaii-businesses-residents-affected-hurricane-lane… representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each … below. No appointment is necessary. HAWAII COUNTY Disaster Loan Outreach Center County of Hawaii Office of the Mayor 25 … -
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… small business capital programs in Fiscal Year 2022, 504 Loan and SBIC programs reached historic funding levels and … signs of progress. Notably, the SBA’s low-interest 504 loan program grew in volume to $9.2 billion, a record level … Office of Capital Access . “Our flexible, low-interest 504 loan program grew in loan volume by 12 percent, and the SBA … -
SBA Proposes Small Business Size Standard Revisions in Three Industrial Sectors; Change Targeted at Increasing Eligibility for Contracting and Loan Programs
https://www.sba.gov/article/2020/nov/16/sba-proposes-small-business-size-standard-revisions-three-industrial-sectors-change-targeted… Targeted at Increasing Eligibility for Contracting and Loan Programs WASHINGTON – The U.S. Small Business … sectors to increase small business eligibility for SBA’s loan and contracting programs. Comments may be submitted on … and help eligible small businesses benefit from SBA’s loan programs. An SBA-issued White Paper entitled, “SBA’S … -
Joint Statement by SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin Regarding Enactment of the Paycheck Protection Program Flexibility Act
https://www.sba.gov/article/2020/jun/08/joint-statement-sba-administrator-jovita-carranza-us-treasury-secretary-steven-t-mnuchin-regarding-0… a modified borrower application form, and a modified loan forgiveness application implementing these legislative … following important changes: Extend the covered period for loan forgiveness from eight weeks after the date of loan disbursement to 24 weeks after the date of loan … -
VA 14958 - SBA’s Hurricane Matthew Business Recovery Center in Virginia Permanently Closing; Last Chance to Meet in Person
https://www.sba.gov/article/2017/jan/03/va-14958-sbas-hurricane-matthew-business-recovery-center-virginia-permanently-closing-last-chance… Recovery Center (BRC) and discuss submitting a disaster loan application. There is no cost to apply or obligation to take the loan if offered. The Center is located as indicated below: … meet working capital needs caused by the disaster. This loan assistance is available regardless of whether the … -
Siblings Start Their Business in Their Parents' Garage and End Up Acquiring a Cutting Edge Tech Facility with SBA-backed 504 Loan
https://www.sba.gov/success-story/siblings-start-their-business-their-parents-garage-and-end-acquiring-cutting-edge… Acquiring a Cutting Edge Tech Facility with SBA-backed 504 Loan Eddie and Aaron Silverberg’s business started small like … Using the SBA-backed 504 Certified Development Company loan program, Flexible Assembly Systems acquired a 20,000 … own design and development space. Thanks to the SBA 504 loan, Eddie and Aaron have expanded operations, hired more … -
SBA Proposes Small Business Size Standard Revisions in Five Industrial Sectors; Change Aimed at Increasing Eligibility for Contracting and Loan Programs. Public Comments Due by Jan. 26, 2021
https://www.sba.gov/article/2020/nov/30/sba-proposes-small-business-size-standard-revisions-five-industrial-sectors-change-aimed-increasing… Change Aimed at Increasing Eligibility for Contracting and Loan Programs. Public Comments Due by Jan. 26, 2021 … sectors to increase small business eligibility for SBA’s loan and contracting programs. Comments can be submitted on … and help eligible small businesses benefit from SBA’s loan programs. An SBA-issued White Paper entitled, “SBA’S … -
Community Advantage Loan Launches Latino-owned Farmhouse Paint Bar in Milwaukee
https://www.sba.gov/success-story/community-advantage-loan-launches-latino-owned-farmhouse-paint-bar-milwaukee -
SBA Loan Programs Keep Indoor Climbing Company Open and Connected with the Community
https://www.sba.gov/success-story/sba-loan-programs-keep-indoor-climbing-company-open-and-connected-community… SBA Loan Programs Keep Indoor Climbing Company Open and Connected … and business plan in hand, attempting to secure an SBA loan for Sender One’s first location. Other obstacles … Protection Program and COVID-19 Economic Injury Disaster Loan program, Kao was able to retain or bring back many of … -
KS 15994-01 SBA Offers Disaster Assistance to Kansas Businesses and Residents Affected by Tornadoes and Severe Storms
https://www.sba.gov/article/2019/jun/14/ks-15994-01-sba-offers-disaster-assistance-kansas-businesses-residents-affected-tornadoes-severe… representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each … No appointment is necessary. DOUGLAS COUNTY Disaster Loan Outreach Center Peaslee Technical Training Center - … -
SBA Proposes Small Business Size Standard Revisions in Eight Industrial Sectors to Increase Small Business Eligibility for Contracting and Loan Programs
https://www.sba.gov/article/2020/oct/02/sba-proposes-small-business-size-standard-revisions-eight-industrial-sectors-increase-small-business