Search

… as required. If the loan is not forgiven and the loan payment becomes more than 60 days past due, the lender should request a guaranty purchase, which is SBA’s purchase of the … loans when the borrower is 60 days or more past due on a loan payment, permanently closed, bankrupt or deceased. …

… it’s also worth acknowledging that women-owned firms only make up 22% of all employer firms. March is  Women’s History … proud to observe the occasion by offering resources that make it easier for women entrepreneurs to access the … face unique challenges when starting and growing a business, and  WBCs are there to help navigate those …

… entrepreneurial success but also of dedication to making a positive impact on the lives of individuals, families, and … with an SBA 504 loan. The COVID-19 pandemic resulted in a large setback to the company. Despite this, the Herrons … Maintaining capital reserves, implementing innovative payment alternatives, and keeping 100% of staff on payroll …

… $2 million. Not completing reviews of loans and remitting payment promptly creates uncertainty for borrowers and PPP … ineligible. Outstanding loan forgiveness applications are a potential indicator of fraud. Borrowers who fraudulently obtained a PPP loan are unlikely to apply for loan forgiveness. We …

… by pool by percentage Support Pooled SBIC Debentures have a 10 year term.  SBICs have the option of prepaying pooled Debentures prior to maturity on any Payment Date after pooling.  Prepaid principal is distributed pro-rata to the investors in each pool.  A default by an SBIC may result in an acceleration the SBIC’s …

… included: loans approved that lacked creditworthiness; a loan approved with a collateral shortfall; and a loan approved as an existing … deficiencies were identified, and (3) notify the improper payment review team of the improper 504 loan guaranties to …

… benefits. The servicing centers receive and process a variety of checks including loan payoff checks, borrower … insurance recovery check processing systems, we obtained a universe of 21,568 checks processed by the Birmingham … identify which were for insurance recovery, we extracted a sample of 1,500 checks from the Birmingham universe and 800 …

… steam coming from his test equipment and thought there was a fire on his land.  The couple started Smoky Lake Maple … their passion, they turned to SCORE in 2016 after getting a referral from a friend.   SCORE Fox Cities mentor Mary Lou Vande Hey used …

… the funding to rebuild.” She added, “We want to try to make sure that we can provide you with the funding to help … to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an …

… clay preparation to creation, and then finishing.  After a few years of bootstrapping the business, Miriam stayed lean – next building a pottery manufacturing operation on the land she owned … with Dorchester Bay Economic Development Corporation As a result, throughout the past ten years successfully in …

… SBA Announces Extension of Moratorium on 8(a) Eligibility Requirement for Small Disadvantaged Businesses … small businesses, announced that the moratorium on the 8(a) Business Development Program’s Bona Fide Place of Business … to changing workforce trends in the marketplace. As we make progress on achieving President Biden’s goal of awarding …

… victim/family support experience uniquely qualified him to make "the best of the worst of times" for large companies, … and most importantly, the resources to respond could make all the difference for that population. But, Chupp also … short years. By 2014, Fireside's growth was exponential, a testament to founder Don Chupp's prescience in terms of …

… and after giving her friend’s home-brewed rhubarb wine a try, decided to make it a full fledged business. Since 2015, eighteen twenty wines …

… It’s safe to say that the U.S. is in something of a small business era: According to Pew Research Center,  86% of Americans believe that small businesses are having a positive effect on the way things are going in the country. Retailers make up a significant portion of that figure. In fact, from …

… Business Person of the Year Erin Kanno Uehara of Choco le’a is Honolulu County's 2022 Small Business Person of the … Erin’s plan to open a chocolate shop. Her dream was to make the world a better place by connecting people and … to find a long-lost family member who taught her how to make chocolates. She is now living out a mission of “Bringing …

… to Maine 16 years ago after she received her MBA with a focus on international trade, she saw the potential that … Cove as an exporter of lobster and other seafood. With a focus on international markets, Grace took full advantage … base. Using Paycheck Protection Program funding in 2020 to make it through the disruption of the Covid pandemic, and an …

… Whether you’re flying at 30,000 feet or yachting on a river, it’s the little things that can make a big difference to interior quality and luxury. Galley … solutions that fit the overall design.   Our motto is ‘We Make It Happen’.”   GSI manufacturing was run as a California …