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SBA Was There Every Step of the Way for MDS Manufacturing, LLC
… starting a small business. With the help of an SBA 7(a) loan, they purchased three injection molding machines and … needed to scale back to a maintainable pace. An SBA 504 loan helped purchase additional equipment and expand their … the pandemic. And…MDS is about to close on another SBA 504 loan to purchase a facility and move to Pacific, MO, so they … -
SBA Recognizes Export Lenders BB&T, First American Bank and World Trade Finance Inc.
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Designing Woman Creates Spaces Across the Country
… to a complete halt. An SBA Paycheck Protection Program (PPP) loan helped her small business weather the pandemic. Paycheck … business owners across the country received $33 billion in PPP assistance. In addition to the SBA, homeowners boosted … -
A Filipino Woman-Owned Business Invites Conversation about Heritage Through Food with Help from SBA Financing
… NW, Amlag was able to obtain a $35,000 SBA guaranteed loan which she used to renovate her Ballard location, … Protection Program loans, and an Economic Injury Disaster Loan (EIDL). Unlocking access to capital was a turning point … -
Building a Solid Foundation with SBA Resources
… company going. He received an SBA Economic Injury Disaster Loan (EIDL), EIDL Advance grant and Paycheck Protection Program (PPP) loan. He stated, “Those loans helped save the business and … -
International Food Competitors Grow Exports with SBA STEP Support
… that's been very successful.” After getting a COVID EIDL loan and the Paycheck Protection Program loan during the pandemic, they’re now receiving an SBA 504 loan. Impact Due to their participation in WEDC and SBA … -
SBA Honors 2022 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… for nine months. An SBA $110,000 disaster business loan helped Brittany Moog rebuild Bitty Bubbles Swim School … months. Funding from the Paycheck Protection Program (PPP) was used to pay the swimming instructors. An SBA … gap for expenses over the closedown from COVID-19 that the PPP loan did not cover and gave Bitty Bubbles to stay in … -
VT Fitness Studio Bouncing Back After Pandemic
… staff on payroll due to the Paycheck Protection Program. PPP provided small businesses forgivable loans through the … to stop the spreading of the disease. “When we got the PPP money we were pumped. When you own a small business, it … bills to pay. Luckily, we were able to use some of the PPP to pay our rent. We were extremely relieved to get it and … -
The Best Kept Secret in Concord with the Best View of New Hampshire’s State House
… in the Lakes Region. With the help of an SBA guarantee loan provided by TD Bank, they outfitted the building into a … Revitalization Fund (RRF), the Paycheck Protection Program Loan (PPP), and payment of their original start-up loan. Recently, … -
How the SBA Is Helping Women Entrepreneurs Level the Playing Field
… co-sign if they were interested in applying for a business loan. Fast forward 35 years, and women-owned businesses … small businesses through the SBA’s 7(a) and 504 loan programs over the past two fiscal years? Not only do … -
Celebrating Black History Month: SBA Programs and Resources
… exist. SBA-Guaranteed Loans: Reducing lender risk, SBA loan programs — 7(a), 504, microloans, and more — are … your needs, get matched, talk to lenders, and apply for a loan — all in a matter of days. Small Business Investment … -
Veteran contracting assistance programs
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READOUT: Administrator Guzman Visits Small Businesses in New Orleans to Highlight the SBA’s Efforts to Promote an Equitable Recovery
… with funding from the Paycheck Protection Program (PPP). They used the assistance to cover payroll and … funding through the COVID-19 Economic Injury Disaster Loan , President Biden’s American Rescue Plan, and the … in New Orleans, LA. The restaurant received EIDL, RRF, and PPP funding during the height of the pandemic. SBA … -
Childhood Accident Transforms Adversity Into Passion For Helping Others
… devices. Bennett helped prepare the business plan and loan package, and the end result led to CRA, Tax Increment … Protection Program loan. Srivastava says, “We got the PPP notification and it was like an angel sent to our small … continues on, but thanks to his determination and the PPP loan, Srivastava is back up to 70-75% of his normal … -
Lifelong Entrepreneur Makes the City Pretty with High-end Salon in Lincoln, NE
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The SBA Celebrates and Empowers Black-Owned Businesses this Black History Month
… loans. Do you find yourself unable to obtain a business loan with reasonable rates and terms despite being … -
What are business plan events?
… require the business plan document as part of a business loan or other commercial credit. Most SBA loan programs, which guarantee bank loans made by local small … -
5 Key Traits of Credit-savvy Business Owners
… are installment loans and revolving credit. An installment loan provides a set amount of money loaned to your company to … -
How SBA Helps Native American Small Business Owners Succeed
… you may consider applying for an Economic Injury Disaster Loan (EIDL). These loans can be used to pay fixed debts, …