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SBA Administrator Appoints New Members to National Small Business Development Center Advisory Board
… delighted to welcome new board members who bring with them a strong business acumen and extensive knowledge to the SBDC … firms, these tested entrepreneurs and leaders will play a key role in helping to foster stronger local economies and … the entrepreneurs they serve.” The SBA’s SBDC program is a cooperative effort of the private sector, the educational … -
SBA Administrator Carranza Applauds President’s Efforts to Reduce Public Health Barriers and Protect America’s Small Businesses
… today in response to the President’s Declaration of a National Emergency: “The President’s decision to declare a national emergency represents another significant and very … businesses that have incurred substantial economic loss as a result of the outbreak. The Agency is working closely with … -
SBA Administrator Isabella Casillas Guzman’s Statement on President Biden signing the PPP Extension Act of 2021 into law
… and Senators Jeanne Shaheen and Susan Collins, ensured a strong bipartisan vote to extend this critical relief to hard-hit small businesses. More than 8.2 million PPP loans have provided struggling small … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … -
SBA Administrator Guzman Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund
… will begin registrations on Friday, April 30, 2021, at 9 a.m. EDT and open applications on Monday, May 3, 2021, at … 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to … to help restaurants keep their doors open – and with a clear mandate from Congress – the SBA worked at a breakneck … -
SBA Administrator Issues Statement on the Closure of Paycheck Protection Program
… ever. “The Paycheck Protection Program provided over 8.5 million small businesses and nonprofits the lifeline they needed to survive during a once-in-generation economic crisis. I’ve heard story after … to small businesses affected by the pandemic, has played a historic role in America’s recovery. … -
SBA Administrator Isabel Guzman’s Statement on Role of Small Businesses in Strengthening America’s Supply Chains following the President’s 100 Day Review Report
… supply chains breaks new ground in recognizing that a resilient supply chain depends on all of our small … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … -
SBA Administrator Announces Closure of Restaurant Revitalization Fund Program
… and other establishments struggling to make ends meet as a result of the pandemic. “The $28.6 billion Restaurant … Representatives of Multiple Underserved Populations ~ $2.8 billion The remainder of the $28.6 billion was awarded to … aid equal to their pandemic-related revenue loss, with a cap of $10 million per business and $5 million per … -
SBA Administrator Guzman Applauds Biden-Harris Plan To Support Small Manufacturing Businesses Through Buy American Initiative
… supporting American workers and businesses by announcing a major investment in American manufacturing. I am thrilled … that the U.S. Small Business Administration will play a key role in this plan with new concentrated efforts to help American manufacturers thrive and grow, including a new manufacturing hub in our federal contracting division. … -
SBA Administrator Guzman Celebrates Startup Day Across America
… entrepreneurs across our country during the last year and a half are testament to that fact. But big thinkers and hard … and the Small Business Administration is proud to be a go-to resource helping to connect startups to the capital … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … -
SBA Administrator Isabella Casillas Guzman Statement on meeting with President Biden, Cabinet Officials, Private Sector Leaders to Discuss Strengthening Cybersecurity for America’s Small Business Economy
… released the following statement after participating in a meeting with President Joseph R. Biden, other members of … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an … -
SBA Administrator Isabella Casillas Guzman Statement on Labor Day
… statement to commemorate Labor Day: “Labor Day is a time to honor the unending strength, creativity and … demonstrated inspiring resilience over the past year and a half and are leading the way as our country recovers and rebuilds from a global pandemic. There is one group of workers in … -
SBA Administrator Guzman Enhances COVID Economic Injury Disaster Loan Program to Aid Small Businesses Facing Challenges from Delta Variant
… the COVID Economic Injury Disaster Loan (EIDL) program , a federal disaster relief loan designed to better serve and … assistance. The center is open Monday through Friday from 8 a.m. to 8 p.m. EST. Multilingual representatives are available. Small … -
SBA Administrator Isabella Casillas Guzman Releases Statement on Hispanic Heritage Month
… markets they need to sustain and grow their businesses. As a former entrepreneur myself, I understand what a difference we can make by building equity, breaking down … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … -
SBA Administrator Guzman Announces $5.4 Million in Prizes to Nearly 100 Awardees to Support Inclusive Entrepreneurship in the Innovation Ecosystem
… Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment in … within the innovation economy at scale, receiving a combined total of $5.4 million in awards. This important … working with underrepresented entrepreneurs. In providing a template for the SBA to further scale its innovation … -
SBA Administrator Announces New Paycheck Protection Program (PPP) Milestone: In Less Than Two Months, One Million Borrowers Apply for Direct Forgiveness through Agency’s PPP Portal
… – The U.S. Small Business Administration (SBA) reached a major milestone today as its Paycheck Protection Program … service team by calling (877) 552-2692, Monday – Friday, 8 a.m. - 8 p.m. ET. Borrowers whose loans are through banks that … -
SBA Administrator Statement on GAO Findings: PPP Program Increased Lending to Smallest Businesses, Underserved Communities
… (SBA) Administrator Isabella Casillas Guzman issued a statement in response to a Government Accountability Office (GAO) report released this … makes the American dream of business ownership a reality. As the only go-to resource and voice for small … -
SBA Administrator Announces New Shuttered Venue Operators Grant Milestone: Supplemental Awards Begin
… in economic relief to nearly 12,000 venues, providing a critical lifeline for theaters, live venues, and other … than 50 employees – or the smallest of small businesses – a key priority of Administrator Guzman. Per the Economic … Biden, those who received an initial grant and illustrate a 70% loss when comparing 2021’s first-quarter revenues to … -
SBA Administrator Announces New Women’s Business Center in Tulsa, Oklahoma
… Isabella Casillas Guzman announced today the launch of a new Women’s Business Center (WBC) in Tulsa, OK that will be … planting this seed of entrepreneurial opportunity so that a new generation of women business owners can build back … their communities, and our nation.” “The opening of a Women’s Business Center in Tulsa’s Greenwood neighborhood … -
SBA Administrator Isabella Casillas Guzman Announces Hurricane Ida Assistance Has Exceeded $1 Billion
… caused by Hurricane Ida in September. “Hurricane Ida left a trail of damage, and the SBA swiftly deployed its disaster … more than 20,600 low-interest disaster loans delivering a combined $1 billion in financial assistance to areas … . Hurricane Ida disaster assistance adds to a growing total of SBA-funded recovery efforts this year, as …