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Follow-up Inspection of SBA’s Internal Controls to Prevent COVID-19 EIDLs to Ineligible Applicants
… transcripts and found that 16 of them, totaling about $1.1 million, should not have been approved. Specifically, we … -
Food truck success leads to brick and mortar restaurant
… loan guaranteed by the Small Business Administration (SBA) 7(a) Loan Guarantee program. “The biggest challenge has been … -
Form of Detached Assignment for U.S. Small Business Administration Pool Certificate for the First Lien Position 504 Loan Pools (FMLP)
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Forms and guides
… of the Board of Directors or General Partner (see Table 1) Provides certain resolutions with Leverage Commitment. … 2163 5-Year LMI Debenture Certification or Form 2162 10-Year LMI Debenture Certification Energy Saving debenture … Energy Saving Debenture Certification or Form 2433 10-Year Energy Saving Debenture Certification Accrual … -
Forms A-9 through A-12: Budget Detail Worksheet
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Former Air Force Pilot Hits A Home Run With Play It Again Sports Franchise in Omaha
… a franchise in March 2014, with the help of an SBA-backed 7(a) loan. He spent the next six months securing a lease, … -
Former SBA Employee from South Florida Headed to Federal Prison After Defrauding COVID-19 Relief Programs
… those affected by the COVID-19 pandemic. On February 10, 2021, Chapman submitted an online loan application in the … application to approve a loan in the amount of $17,052.50. On February 19, 2021, Chapman submitted an online PPP … well as a designer teacup puppy. Chapman also spent over $7,500 on a stay at a Key Largo luxury resort. U.S. Attorney … -
Former Solon-based Manufacturer to Pay $6M to Resolve False Claims Act Allegations Relating to Paycheck Protection Program
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Fortune Favors Makes Sweet Success with Multiple SBA Products
… inventory, an SBA 504 loan for a plant and building, and a 7(a) working capital loan to manage the highly seasonal … to be the pinnacle of his career, and the company’s $1 million success has proven that. Their relationship with … -
Founder of Lender Service Provider Convicted for Role in Multimillion-Dollar PPP Fraud Scheme
… of wire fraud. She is scheduled to be sentenced on Oct. 10 and faces up to 20 years in prison. The FBI, IRS-CI, the … -
Four Heroes Win SBA’s 2017 Phoenix Award For Outstanding Disaster Recovery Efforts
… Public Official. Relentless rainstorms that began on Oct. 1, 2015 in Columbia dumped nearly 12 trillion gallons of … and high winds created an inferno. Within 24 hours, 50,000 acres had burned and 1,958 structures were destroyed. At the time, Huchingson was … -
Four Million Hard-Hit Businesses Approved for Nearly $390 Billion in COVID Economic Injury Disaster Loans
… three quarters of 2021, small businesses with fewer than 50 employees created 1.9 million jobs, the fastest nine-month … Nearly 90 percent of loans went to small businesses with 10 employees or less, which tend to include the hardest-hit … Business Committee Chairwoman Nydia M. Velázquez (New York-7): “The COVID EIDL program supplied hundreds of billions of … -
Four Questions Every Effective Business Plan Should Answer
… Every Effective Business Plan Should Answer December 7, 2021 A great business plan can impress potential investors … -
FPDS-NG Small Business Goaling Report Exclusions List (March 2019)
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Framework and Guidelines for Program Evaluation at the US Small Business Administration
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Fran Perez-Wilhite Bio
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Franchise Businesses That Show Up When A Disaster Strikes
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Franchise Business Sectors: The Beauty Business
… can range from $150,000 for a small retail setup, to $1 million for more for a full-service upscale spa. … -
Franchising A Business