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Cisco's Salsa Company
… of what was potentially coming, Laura took out a merchant loan to provide a cushion should things go south especially … only way people would feel comfortable. Thus, the merchant loan helped the restaurant to expand and cover the outdoor … employees. The Paycheck Protection Program (PPP) 1st draw loan was funded in April 2020 which helped cover day-to-day … -
Tsang’s Tea Empire Anchored by SBA 504
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Coed Sportswear Pivot to New Opportunities with the Help of the NH SBA
… through the process of applying for SBA’s direct disaster loan, the Economic Injury Disaster Loan (EIDL) program and the EIDL Advance Grant. Phil also … was instrumental in the business getting through the EIDL loan process and ultimately getting their proceeds as well as … -
Deadline Approaching in Kentucky for Private Non-Profits Affected by March 2023 Severe Storms to Apply
… The SBA offers federal Economic Injury Disaster Loan (EIDL) to help eligible non-critical PNP organizations … working capital needs such as ongoing operating expenses. Loan amounts can be up to $2 million with an interest rate of … suffered any physical property damage. The SBA sets loan amounts and terms based on each applicant’s financial … -
SBA to Open Business Recovery Center in Crowley to Help Businesses Impacted by Severe or Extreme Drought
… accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
Celebrating Hispanic entrepreneurs’ growth, resilience
… Protection Program (PPP) and the Economic Injury Disaster Loan program, we have delivered nearly three-quarters of a … small business is doing really well now, thanks to the PPP loan that allowed her to bring her six employees back to … -
SBA to Open Business Recovery Center in Sulphur to Help Businesses Impacted by Severe Storms, Straight-line Winds, Tornadoes and Flooding
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Honors 2020 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses. He disposed of the … -
SBA Announces Its Florida Centers Will Close for MLK Day
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Office of Veterans Business Development
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Maui Wildfires – Initial Disaster Assistance and Recovery Response
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SBA Closes Business Recovery Center in Jefferson County
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Fortune Favors Makes Sweet Success with Multiple SBA Products
… thanks to online and wholesale clients. Traditional SBA loan products are financing this, including a line of credit to purchase inventory, an SBA 504 loan for a plant and building, and a 7(a) working capital loan to manage the highly seasonal nature of sales and … -
SBA Resource Days Target Your Neighborhoods
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DISCOVER THE SBA ADVANTAGE AT RESOURCE DAYS AT THE BANK
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … renovate business real estate or major equipment – SBA 504 Loan Program ; and Governmment contracting certifications and … -
SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond … -
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing
… and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
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SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations