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Little Hat Creek Farm
… They found financing for the second half of their loan through an SBA 7(a) loan from University of Virginia Community Credit Union. The loan was disbursed in 2016 and the couple is close to fully … -
Readout of SBA Administrator Guzman’s Convening of Small Business Lending Summit
… small business loans through their signature 7(a) and 504 loan programs. These loans have helped promote inclusive … -
Administrator Loeffler Announces SBA Reforms to Put American Citizens First
… days, the SBA will promulgate a new policy requiring SBA loan applications to include a citizenship verification … assistance. In June 2024, the agency approved a $783,000 loan application for a small business that was 49% owned by … the illegal status of the individual and halted the loan from being disbursed – ensuring that $0 was distributed … -
Members of the Military: Let SBA Serve You on Your Entrepreneurship Mission
… through the steps of applying for an SBA-guaranteed loan through a community lender. Find a VBOC or other … Protection Program (PPP), for instance, is an SBA-backed loan that helps small businesses keep their employees on … including the Military Reservist Economic Injury Disaster Loan (MREIDL). If one of your essential employees is a … -
LA 14811-02 SBA to Open Business Recovery Center in Walker to Help Businesses Impacted by Severe Storms and Flooding
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Investor’s Shot at Pre-Retirement Hobby is Award-Winning Business
… the Hough Family’s aged whiskeys, thanks to an SBA 504 Loan. The loan, a combination of funds from the Hough Family, Pursuit, … barrel warehouse and an 18th-century tasting room. The 504 Loan Program is an economic development program that supports … -
Head of the SBA Visits Small Businesses in Dallas, Texas And highlights the Role of Small Businesses in a Recovering Economy
… Pizza Tavern received a Paycheck Protection Program (PPP) Loan which was a lifeline to keeping Eno’s Pizza Tavern … to Dallas, Administrator Carranza visited another PPP loan recipient. On-Target Supplies & Logistics employs over … Protection Program The Paycheck Protection Program is a loan designed to provide a direct incentive for small … -
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
… thousands of years to support immune health. The SBA 504 Loan: Anchoring Multiple Companies Under One Roof With three … fellow business owner recommended looking into the SBA 504 loan program for buying commercial property. Tsang took the … certified development company (CDC) to help facilitate the loan process. That’s when he connected with Ryan Johnson, … -
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 … -
Woman-Owned Winery Pushes Through Peak Season with Disaster Relief Assistance from SBA
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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 … -
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
… Guard members Military Reservist Economic Injury Disaster Loan program (MREIDL) Veterans Business Outreach Center … -
Maui Wildfires – Initial Disaster Assistance and Recovery Response
… to the Maui wildfire disaster, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to the Maui … Recovery Center on Maui and provided timely disaster loan assistance to survivors. While SBA successfully … -
SBA Closes Business Recovery Center in Jefferson County
… questions, assist applicants complete their disaster loan application, accept documents, and provide updates on loan status. Walk-ins are accepted, but you can schedule an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … -
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 …