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SBA helps socially disadvantaged business do business with the federal government
… Trilogy was able to secure a Paycheck Protection Program loan from First United Bank & Trust. The PPP loan removed the burden of worrying what the future held … Trilogy to retain all their employees. Trilogy’s PPP loan was fully forgiven in July of 2021. While growing their … -
Dandelion Cafe
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Creating A Savings Account For Your Business
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READOUT: U.S. Senator Ben Cardin Joins SBA Administrator Isabella Casillas Guzman and Small Business Owners for a Webinar on Economic Aid and Recovery in the Mid-Atlantic Region
… SBA updates on the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). COVID-19 EIDL is a borrower-friendly small business loan program to help small business owners, self-employed gig … https://www.sba.gov/federal-contracting . COVID EIDL Loan FAQs: COVID EIDL Loans: Frequently Asked Questions, … -
SBA Administrator Isabel Casillas Guzman and FTC Chair Lina Khan Discuss How to Enhance Small Business Competitiveness
… Year 2023. The SBA’s historic rulemaking simplifying its loan programs has also led to a doubling of small-dollar loans under the agency’s signature 7(a) loan program. The FTC enforces the nation’s antitrust laws to … -
SBA Emerging Leader Graduate Honored at Export Summit
… respectively with a Preferred Lenders Program ( PLP ) term loan refinancing existing debt. At the NASBITE awards … -
SBA Programs and Services for Native American Entrepreneurs
… get the access to capital they need. Whether it’s a 7(a) loan , 504 loan , or microloan , the SBA has an option that is suited … -
SBA Opens Second Business Recovery Center in Mississippi; Centers to Close for July 4th Holiday
… apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Launches Enhanced Lender Match Platform
… compare lenders to help them decide where to apply for a loan. The enhanced tool will also verify borrowers and screen … with banks, making them vulnerable to predatory loan products and services,” said Marla Bilonick, President … -
SBA Implements Law Enhancing Ability to Declare Disasters and Deliver Support to Rural Communities
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The Business of Engineering
… Blake secured a Certified Development Company (CDC)/504 loan. The CDC/504 Loan Program provides financing for major fixed assets, such … -
Statement by SBA Administrator Guzman on Anniversary of American Rescue Plan
… programs, such as the COVID Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection (PPP) … of America’s economy.” For more information about SBA’s loan programs, financial assistance, and other services, … -
A List of Expenses You’ll Have as a Franchise Owner
… If you’re like most people, you obtained a small business loan for a portion of your upfront costs when you purchased your franchise. That means you’ll have a monthly loan payment to add to your expense structure. The good news is that your loan payment won’t go on forever. As a result, when you’re … -
SBA Administrator Visits Baltimore for Bridge Collapse Aid
… 1 to assist business owners in completing their disaster loan applications, accept documents for existing applications, and provide status on loan applications. For follow-up interview requests for … -
Husband and Wife Team Start Bilingual Pediatric Therapy Clinic
… planning, the two decided to apply for a 7(a) Guaranteed Loan. “The SBA 7(a) Guaranteed loan was the catalyst that fueled the growth of our small … business,” Ashley Villarreal Fleeman said. “We received a loan for $100,000 and it provided the essential financial … -
Ring in 2022 with Business Tips from the SBA
… the loans they need. Get started securing an SBA-backed loan by using Lender Match , SBA’s free online referral … -
Deputy Administrator Dilawar Syed Visits Twin Cities for Small Business Engagements, White House AANHPI Economic Summit
… are yielding results, driving an increase of 47% in loan volume for loans under $150,000, reaching the long tail … -
Pies with a Purpose
… applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan) to sustain the company. In 2023, Dawn was accepted into … counseling, business educational programs, assistance with loan applications, marketing ideas, pandemic recovery and … -
Elinor Coatings
… Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans …