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READOUT: Administrator Guzman Joins Congresswoman Cindy Axne in Iowa to Highlight President Biden’s American Rescue Plan and SBA Small Business Recovery Efforts
… SBA for help and received a Paycheck Protection Program (PPP) loan after the pandemic hit. Fox used PPP funds to help keep his business open and employees on … -
SBA Business Recovery Center in Monterey Park to Remain Open to Help Businesses Impacted by the Monterey Park Mass Shooting and Related Investigation
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Little Hat Creek Farm
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Crest Haven Farm Market grows with SBA’s technical assistance and pandemic programs
… SBA-guaranteed financing from M&T Bank. SBA’s most common loan guaranty program is the 7(a) program. This is the best … on the SBA through the Paycheck Protection Program (PPP) that helped them keep their employees on payroll and … as they applied for SBA’s Paycheck Protection Program (PPP),” said Steve Stumbris, Director, Bucknell University … -
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 … -
Grilling Up New Ideas for a WOSB, Rural Manufacturing Company
… Successful Impact/Outcome The two SBA 7(a) loans and PPP allowed the company to stabilize and grow while creating … net worth. The two SBA loans are now paid in full and the PPP is forgiven. Oscarware has grown to 34 employees. Debra … -
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 … -
Taylor Chip finds sweet success with SBA’s technical and pandemic assistance programs
… on the SBA through the Paycheck Protection Program (PPP) and COVID Economic Injury Disaster Loan (EIDL) that helped them keep their employees on payroll … our Lancaster SCORE Counselors, and of course, the SBA PPP and COVID EIDL loans which enabled our business to … -
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 … -
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 … -
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
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READOUT: SBA Administrator Joined Congresswomen Brenda Lawrence, Rashida Tlaib, and Haley Stevens in Detroit to Highlight the SBA’s Efforts to Support ‘Made in America’ Initiatives
… worst of the pandemic with Paycheck Protection Program (PPP) funding and used the assistance to pay staff while they … K-Tec Systems got funding from Paycheck Protection Plan (PPP) and the COVID Economic Injury Disaster Loan (COVID EIDL), which helped sustain payroll and pay back … -
SBA Resource Days Target Your Neighborhoods
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and …