Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… differed from the original bank accounts listed on the loan applications; $62.7 billion ($58.0 billion disbursed) in …
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https://www.sba.gov/document/report-21-02-inspection-small-business-administrations-initial-disaster-assistance-response-coronavirus-pandemic
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Evaluating Technical Assistance and Economic Opportunity Outcomes of the Community Advantage Pilot Program
https://www.sba.gov/document/report-evaluating-technical-assistance-economic-opportunity-outcomes-community-advantage-pilot-program… achieved by CA borrowers, understand the factors affecting loan performance, and to identify good practices from the CA … the performance of the CA program. Version Executive Summary | File size: 591KB | Download .pdf for Executive Summary / Version Final Report | File size: 3304KB | Download … -
2023 Arkansas Veteran-Owned Small Business of the Year
https://www.sba.gov/success-story/2023-arkansas-veteran-owned-small-business-year… in the form of a forgivable Paycheck Protection Program loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing and renovating a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees and 4 … -
2023 Kentucky Small Business Week Winners
https://www.sba.gov/success-story/2023-kentucky-small-business-week-winners -
SBA Announces Closure of Business Recovery Centers in Florida
https://www.sba.gov/article/2023/11/28/sba-announces-closure-business-recovery-centers-florida… can assist SBA applicants complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … secure website at sba.gov/disaster . To obtain disaster loan information and application forms call the SBA’s … -
MONDAY: SBA Administrator Guzman to Visit Las Vegas to meet with Local Leaders and Small Businesses
https://www.sba.gov/article/2022/may/20/monday-sba-administrator-guzman-visit-las-vegas-meet-local-leaders-small-businesses -
Serious Concerns of Potential Fraud in EIDL Program Pertaining to the Response to COVID-19
https://www.sba.gov/document/report-20-16-serious-concerns-potential-fraud-eidl-program-pertaining-response-covid-19… widespread potential fraud in the Economic Injury Disaster Loan and Advance grant programs that require immediate … from financial institutions receiving economic injury loan deposits. Nearly 3,800 of those reported instances of … from the inception of the Economic Injury Disaster Loan and Advance Program in March until May 19, OIG received … -
SBA Business Recovery Center in Vermont Closes for Holiday
https://www.sba.gov/article/2024/10/11/sba-business-recovery-center-vermont-closes-holiday… Center will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
SBA Deadline is Sept. 5 for Maine Private NonProfit Organizations Affected by Physical Damage from Spring Severe Storms and Flooding
https://www.sba.gov/article/2023/08/15/sba-deadline-sept-5-maine-private-nonprofit-organizations-affected-physical-damage-spring-severe… (PNP) in Maine of the Sept. 5 deadline to submit disaster loan applications for physical damages that occurred from the … 30 years. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … and should apply under SBA declaration # 17992 . Disaster loan information and application forms may also be obtained … -
SBA Announces Thanksgiving Day Holiday Closure of Business Recovery Centers
https://www.sba.gov/article/2023/11/17/sba-announces-thanksgiving-day-holiday-closure-business-recovery-centers… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … and should apply under SBA declaration # 18118. Disaster loan information and application forms can also be obtained … -
National Small Business Week Hosts Second Annual Virtual Conference
https://www.sba.gov/article/2020/feb/06/national-small-business-week-hosts-second-annual-virtual-conference… takeaways will include: Familiarity with the SBA’s loan programs 7(a), 504 and Microloans How to apply for an SBA loan Lender Match – matching borrowers to SBA lenders … are extended to the public on a nondiscriminatory basis. Summary WASHINGTON – As part of the National Small Business … -
Audit of SBA’s Suspension and Debarment Process
https://www.sba.gov/document/report-19-18-audit-sbas-suspension-debarment-process… verify the eligibility of entities to participate in SBA’s loan programs prior to approving SBA-guaranteed loans valued … entities from participating in SBA’s contracting and loan programs. SBA management agreed with two of the six … -
SBA Recognizes Export Lenders BB&T, First American Bank and World Trade Finance Inc.
https://www.sba.gov/article/2017/apr/07/sba-recognizes-export-lenders-bbt-first-american-bank-world-trade-finance-inc… An early champion of the SBA’s Export Working Capital Loan program, World Trade Finance since 1997 has made 162 of … Virgin Islands and Guam. To learn more, visit www.sba.gov Summary WASHINGTON – The U.S. Small Business Administration … -
SBA Announces Holiday Hours for Business Recovery Center in Maine; Center will close permanently on Jan. 12
https://www.sba.gov/article/2023/12/21/sba-announces-holiday-hours-business-recovery-center-maine-center-will-close-permanently-jan-12… to answer questions, help apply for an SBA Disaster Loan, upload documents, check an application’s status, and assist with reconsideration requests for the loan. The declaration covers Androscoggin County and the … secure website at sba.gov/disaster . To obtain disaster loan information call the SBA’s Customer Service Center at … -
Prepare Now, Be Ready Later: National Preparedness Month Tips for Small Business Owners
https://www.sba.gov/blog/2024/2024-08/prepare-now-be-ready-later-national-preparedness-month-tips-small-business-owners… a disaster declaration. Apply for a low-interest disaster loan online at sba.gov/disaster . Disaster Managing a … -
Small Banks Gaining PPP Advantage Today
https://www.sba.gov/article/2020/may/06/small-banks-gaining-ppp-advantage-today-0… private organizations. To learn more, visit www.sba.gov . Summary Special Announcement on PPP from Ashley D. BellAshley … -
Let the SBA Help You Better Understand Your Finances
https://www.sba.gov/blog/2023/2023-03/let-sba-help-you-better-understand-your-finances -
SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program
https://www.sba.gov/article/2020/jun/17/sba-treasury-announce-new-ez-revised-full-forgiveness-applications-paycheck-protection-program-0… borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility … of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week … organizations. To learn more, visit www.sba.gov . Summary WASHINGTON—Today, the U.S. Small Business … -
SBA Added Grafton County New Hampshire for Private Non-Profit Organizations Affected by Severe Winter Storm and Flooding
https://www.sba.gov/article/2024/07/24/sba-added-grafton-county-new-hampshire-private-non-profit-organizations-affected-severe-winter-storm… with terms of up to 30 years. PNPs may be eligible for a loan amount increase of up to 20 percent of their physical … or whether the PNP should be referred to SBA for disaster loan assistance. Applicants may apply online at … -
Jill Larsen’s Crayons 2 Pencils Early Learning Center Sharpens Young Minds
https://www.sba.gov/success-story/jill-larsens-crayons-2-pencils-early-learning-center-sharpens-young-minds… She found startup costs through an SBA 7(a) guaranteed loan and support for the building purchase and renovation with an SBA 504 loan in partnership with Iowa Business Growth, an SBA Certified Development Company. After receiving her loan, Larsen parlayed the success she experienced at Crayons …