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https://www.sba.gov/partners/sbics/forms-guides
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First Draw PPP loan
https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/first-draw-ppp-loan… after June 5, 2020, have a maturity of five years. Loan payments will be deferred for borrowers who apply for loan … lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered … -
Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
https://www.sba.gov/document/report-21-03-evaluation-cares-act-debt-relief-7a-borrowers… all reported eligible 7(a) borrowers had received subsidy payments. This debt relief helped alleviate some of the … controls to ensure only eligible borrowers receive subsidy payments. We identified issues with lender reported … information that increased the risk of either making payments to ineligible borrowers or making excessive … -
Liquidation Process
https://www.sba.gov/about-sba/sba-locations/loan-guaranty-centers/national-guaranty-purchase-center-herndon-va/liquidation-process -
Resources for SBA employees affected by a Reduction in Force
https://www.sba.gov/resources-sba-employees-affected-reduction-force… account balance in a single payment or series of equal payments, you will be subject to a 10% penalty as well as … Revenue Service (IRS) requires employees to receive payments from their account by April 1st of the year … -
Congressional Affairs and Media
https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/congressional-affairs-media… Relating to Small Business Status and Contract Fee Payments July 5, 2016 Virginia Man Sentenced to 15 Months in … Contracts—Defendant and His Father Laundered $401,000 in Payments to Relative. January 25, 2013 Pittsburgh-based Bank … -
Debit Authorization (SBICs)
https://www.sba.gov/document/sba-form--debit-authorization-sbics… (SBICs) Authorizes Bank of New York to collect payments due on debentures by ACH debit from designated … Authorizes Bank of New York to collect payments due on debentures by ACH debit from designated … -
Independent Auditors’ Report on SBA’s Compliance with IPERA
https://www.sba.gov/document/report-20-15-independent-auditors-report-sbas-compliance-ipera… to perform a performance audit as required by the Improper Payments Elimination and Recovery Act of 2010 (IPERA). The … whether the agency is in compliance with the Improper Payments Information Act of 2002 (IPIA) as amended. KPMG also … and performance in reducing and recapturing improper payments. KPMG conducted the engagement in accordance with … -
COVID-19 Economic Injury Disaster Loan
https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl… how to monitor the status of your COVID-19 EIDL, make payments, and request servicing actions. Manage your COVID-19 EIDL and make payments EIDL data SBA maintains access to data for all its … -
Self-Employment Tax Wrinkles
https://www.sba.gov/blog/self-employment-tax-wrinkles… but there are some ins and outs that may impact your payments. $400 threshold While FICA taxes apply to the first … earnings. There’s no exemption for this amount. Optional payments Self-employed individuals who have modest earnings … But there continues to be confusion about certain types of payments. Here are some recent matters concerning this issue: … -
Physical damage loans
https://www.sba.gov/funding-programs/disaster-assistance/physical-damage-loans -
SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022
https://www.sba.gov/article/2021/mar/16/sba-extends-deferment-period-all-covid-19-eidl-other-disaster-loans-until-2022… received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment … An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers. … 2022, unless the borrower voluntarily continues to make payments while on deferment. It is important to note that the … -
Pandemic Response Oversight
https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/pandemic-response-oversight -
Loans
https://www.sba.gov/funding-programs/loans… start and run your business. Unique benefits: Lower down payments, flexible overhead requirements, and no collateral … -
Protect yourself from scams and fraud
https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/protect-yourself-scams-fraud -
Biden-Harris Administration Finalizes Rule to Lower Costs for Small Businesses
https://www.sba.gov/article/2024/09/30/biden-harris-administration-finalizes-rule-lower-costs-small-businesses… 504 Loan Program , empowering them to reduce their debt payments and/or access more affordable capital for expansion … drop by 0.5%, starting this month. Those reduced monthly payments will translate into approximately $360,000,000 in … streamlining access to debt refinancing so they can reduce payments and access more affordable capital. Small businesses … -
Top Business Trends for 2021
https://www.sba.gov/blog/top-business-trends-2021… payment options. In their annual State of Retail Payments study, the National Retail Federation found that no-touch payments (e.g. contactless credit and debit cards or mobile … January. Among retailers that have implemented contactless payments, 94% expect the increase to continue over the next … -
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 -
Break-even point
https://www.sba.gov/business-guide/plan-your-business/calculate-your-startup-costs/break-even-point… business. Examples of fixed costs include: Rental lease payments Salaries Property taxes Insurance Interest … from the part that is fixed. These may include minimum payments or fees for services and products. For the … -
7(a) / Express servicing
https://www.sba.gov/about-sba/sba-locations/loan-guaranty-centers/commercial-loan-service-centers/7a-express-servicing