Recent Natural Disasters: What It Means Tax-wise for Your Business
… make loans and then amend the plan to reflect this action. Loan and hardship distribution relief is also available to …
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https://www.sba.gov/blog/recent-natural-disasters-what-it-means-tax-wise-your-business
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SBA Adds More Counties to Disaster Declaration for Minnesota Private Non-Profit Organizations Affected by Severe Storms and Flooding
https://www.sba.gov/article/2024/08/23/sba-adds-more-counties-disaster-declaration-minnesota-private-non-profit-organizations-affected… terms up to 30 years. Applicants 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. The deadline to apply for a disaster loan for physical property damages expires on Aug. 27, 2024. … -
SBA Disaster Assistance Available to Nevada Private Nonprofit Organizations
https://www.sba.gov/article/2023/04/28/sba-disaster-assistance-available-nevada-private-nonprofit-organizations… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA to Close Its Business Recovery Center in Seminole
https://www.sba.gov/article/2022/jul/28/sba-close-its-business-recovery-center-seminole… business owners to answer questions about SBA’s disaster loan program, explain the application process, help each individual complete their electronic loan application and close their approved loans. No … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
SBA Amends Disaster Declaration for California: Disaster Assistance Now Available to Private Nonprofit Organizations in Twelve Additional Counties
https://www.sba.gov/article/2023/05/26/sba-amends-disaster-declaration-california-disaster-assistance-now-available-private-nonprofit… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA’s Associate Administrator to Discuss Disaster Preparedness and Mitigation During Visit to Puerto Rico and U.S. Virgin Islands
https://www.sba.gov/article/2022/aug/03/sbas-associate-administrator-discuss-disaster-preparedness-mitigation-during-visit-puerto-rico-us… 27 to discuss the approval of a $1.75 million disaster loan to Cooperativa de Vivienda La Ceiba, a non-profit … their customers and their employees and the SBA’s disaster loan program help communities recover swiftly. The SBA’s disaster loan program is the only federal assistance program that … -
SBA and Grameen America Partner to Provide Microloans for Entrepreneurs
https://www.sba.gov/article/2016/aug/03/sba-grameen-america-partner-provide-microloans-entrepreneurs… SBA, Grameen America will launch the Business Expansion Loan. Starting at $7,500, this loan product will assist those Grameen America borrowers who … MA. Learn more at www.grameenamerica.org . ### Summary WASHINGTON – The U.S. Small Business Administration … -
SBA Shares Resources for Black-Owned Businesses During National Black History Month
https://www.sba.gov/blog/sba-shares-resources-black-owned-businesses-during-national-black-history-month… Protection Program (PPP) or an Economic Injury Disaster Loan (EIDL). The PPP, which relaunched last month, is … addition, eligible businesses may apply to have their PPP loan forgiven – an especially important option for hard-hit … . If you are creditworthy but can’t obtain a business loan with reasonable rates and terms, SBA-guaranteed loans … -
Jihoon Kim
https://www.sba.gov/person/jihoon-kim… SBA’s national lending operations, including 504 and 7(a) loan processing centers in Sacramento, California and Hazard, Kentucky; 504 and 7(a) loan servicing and resolution in Fresno, Little Rock, and Herndon, Virginia; and SBA disaster loan servicing and resolution in Birmingham, El Paso, and … -
Here’s how to access SBA’s hurricane recovery resources
https://www.sba.gov/blog/heres-how-access-sbas-hurricane-recovery-resources… SBA’s Hurricane Recovery page to apply for a disaster loan online, get updates on the status of your loan application, and for information on the location of … locations nationwide. There are job openings for lawyers, loan specialists, customer service representatives, … -
SBA Obtains $256K Judgment Against Fraudulent Medico
https://www.sba.gov/article/2016/may/16/sba-obtains-256k-judgment-against-fraudulent-medico… financial situation when applying for an SBA-guaranteed loan. The podiatrist, Dr. Anthony J. Enrico, Jr., later defaulted on that loan. The judgment, issued by Administrative Law Judge … of the United States. Enrico did not contest the lawsuit. Summary In August 2012, the Small Business Administration … -
TX 15274 PSA-04 SBA IS STILL HIRING FOR HURRICANE HARVEY
https://www.sba.gov/article/2017/sep/04/tx-15274-psa-04-sba-still-hiring-hurricane-harvey… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … WILL BE PAID FOR HOURS IN EXCESS OF 40-HOURS PER WEEK. LOAN OFFICERS ARE NEEDED WITH EXPERIENCE EVALUATING FINANCIAL … RESUME TO PDC.FOCWHR@SBA.GOV . THAT’S PDC.FOCWHR@SBA.GOV Summary Length: 40 … -
TX 15274 PSA-01 SBA IS NOW HIRING FOR HURRICANE HARVEY
https://www.sba.gov/article/2017/sep/04/tx-15274-psa-01-sba-now-hiring-hurricane-harvey… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … will be paid for hours in excess of 40-hours per week. Loan Officers are needed with experience evaluating financial … RESUME TO PDC.FOCWHR@SBA.GOV . THAT’S PDC.FOCWHR@SBA.GOV Summary Length: 40 … -
SBA Amends Disaster Declaration for California
https://www.sba.gov/article/2021/dec/16/sba-amends-disaster-declaration-california… County. Although the deadline to apply for a disaster loan for physical damages was Nov. 12, 2021, private … -
Report 15-14: SBA's Controls to Prevent Duplication of Benefits with Community Development Block Grants
https://www.sba.gov/document/report-15-14-report-15-14-sbas-controls-prevent-duplication-benefits-community-development-block-grants… CDBG Program is to provide timely, accurate, and complete loan information to HUD grantees that administer the grants … a few instances where SBA did not timely annotate in the loan file that a grant had been awarded. However, no … duplicated since the disaster survivor had not requested a loan, loan reinstatement, reconsideration or reacceptance, or … -
Report 9-08 – Audit of the Liquidation Process at the National Guaranty Purchase Center
https://www.sba.gov/document/report-9-08-report-9-08-audit-liquidation-process-national-guaranty-purchase-center… loans that are made by participating lenders. Upon loan default, SBA authorizes participating lenders to … become necessary, to completely liquidate or sue upon the loan instrument. During the liquidation process, the Center … as necessary. When no further recovery is expected on a loan, the Center also performs a comprehensive review of the … -
Consolidation of Initial Disaster Assistance in Response to Hurricanes Harvey, Irma, and Maria
https://www.sba.gov/document/report-21-05-consolidation-initial-disaster-assistance-response-hurricanes-harvey-irma-maria… assistance response. We reviewed SBA’s staffing adequacy, loan application volume, and timeliness of disaster loan approvals in response to the damages caused by … 30, 2017. The agency effectively staffed and opened loan processing centers in each of the affected communities … -
Universal Purchase Package (UPP) - Accessible version
https://www.sba.gov/document/support-universal-purchase-package-upp-accessible-version… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
Universal Purchase Package (UPP)
https://www.sba.gov/document/support-universal-purchase-package-upp… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
Media Alert
https://www.sba.gov/article/2025/01/24/media-alert