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Little Hat Creek Farm
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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 … -
LA 14811-02 SBA to Open Business Recovery Center in Walker to Help Businesses Impacted by Severe Storms and Flooding
… with each business owner to explain how an SBA disaster loan can help finance their recovery. “They will answer questions about SBA’s disaster loan program, explain the application process and help each … at any Disaster Recovery Center in Louisiana. Disaster loan information and application forms are also available … -
Investor’s Shot at Pre-Retirement Hobby is Award-Winning Business
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Hope is Being Woven Into the Fabric of the Delta: The Story of Vidalia Industrial Facilities
… Department of Agriculture USDA for a Business and Industry Loan Guarantee . These loans encourage commercial enterprise … 50,000 people. This $25 million building and equipment loan with a 60% guaranty was made through Greater Nevada … small businesses. VIF is also using an $8 million job payment grant from the city of Vidalia to support the … -
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
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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 … -
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 … -
Office of Veterans Business Development
… Guard members Military Reservist Economic Injury Disaster Loan program (MREIDL) Veterans Business Outreach Center … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
… they purchased their business location with an SBA 504 loan. The COVID-19 pandemic resulted in a large setback to … Maintaining capital reserves, implementing innovative payment alternatives, and keeping 100% of staff on payroll … pursuing their dream of expansion, and their second 504 loan enabled this. The SBA 504 loan allowed them to purchase … -
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 …