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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 … -
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
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READOUT: Vice President Kamala Harris Joins SBA Administrator Isabella Casillas Guzman for a National Conversation With Small Business Owners and Leaders on COVID Economic Aid and Recovery
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Husband and Wife Team Start Bilingual Pediatric Therapy Clinic
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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 … -
Sugar, spice and everything nice: How SBA helped a local Minnesota Bakery thrive
… experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … faced was a lack of space and capacity, but an SBA loan helped Andrus physically expand Honey and Rye, and SBA … -
SBA Assistance Keeps Heaven’s Table BBQ Serving Milwaukee During COVID
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Buttermilk Biscuit
… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for … -
SBA Finalizes Rule to Adjust Monetary Based Size Standards For Inflation
… worth and net income that applies to SBA’s 7(a) and 504 loan programs. The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, … -
Local bakery utilizes Paycheck Protection Program to ease payroll burden during COVID-19 pandemic
… West Virginia, started 36 years ago with an SBA guaranteed loan. Ten years later, when the business was forced to … notified I was approved, and on April 21 I closed on the loan,” said Harris. “I feel like we have come full circle … our business with the SBA and now getting this PPP loan to sustain our business during this crisis.” … Local … -
Championing Equitable Access for Women Business Owners
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SBA Names California’s Equator Coffees & Teas 2016 National Small Business of the Year
… Brooke purchased their own roasting plant using an SBA 504 loan. They have worked diligently with their farmers for 17 … never lost her determination. She took a disaster recovery loan from the SBA and patiently awaited the return of paying … Spirits Epicenter. Dafoe has used an SBA-backed 7(a) loan and a separate 504 loan to move to its current HUBZone … -
3 Ways to Get Working Capital for Your Business
… offering a much easier debt to service compared to a loan. To give yourself extra padding to meet your company’s …