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SBA helps mechanic cycle into business
… honesty was the best policy. His first day, Kostyzak sold a go-kart for $1,000 and hasn’t backpedaled since. He quickly … for working capital or any business-related expense. WCCED Loan Officer April Cacia said these loans are designed to … there are 650 bike trails spanning 12,000 miles. It’s a segment brimming with entrepreneurial opportunities due to … -
READOUT: Administrator Guzman Joined Reps. Horsford and Titus in Las Vegas to Meet with Local Small Business Leaders and Celebrate AANHPI Heritage Month
… are available to all to seize this moment and help build a better, more equitable America.” Administrator Guzman kicked off her trip with a roundtable discussion hosted by Rep. Horsford at Nevada … that benefitted from a Paycheck Protection Program (PPP) loan. Administrator Guzman met with Andrea Vigil, COO of … -
Credit inquiries: what you should know about hard and soft pulls
… time someone, including you, reviews your credit report a credit inquiry is added to your report instantly? Marco Carbajo SBA Blog Contributor Marco Carbajo is a business credit expert, author, speaker, and founder of the … However, when you decide to go “rate shopping” for an auto loan or mortgage there is a built-in allowance for interest … -
Mission-Driven Café Gets Support from SBA to Continue Serving
… SBA to Continue Serving The concept behind Bellden Café, a mission-driven café in the heart of Bellevue, came from … life. Before opening Bellden Café in 2017, Claire was on a short-term work assignment in Shanghai, China when her … young children. Claire turned to her bank for a business loan to help with unforeseen construction expenses but was … -
A clear path forward
… A clear path forward Situation: Donte Wilburn grew up in … opportunities had on his peers and vowed to make a change -- for himself, the industry, and his community. As … Wilburn secured both an SBA Economic Injury Disaster Loan and an SBA Paycheck Protection Loan to keep his business … -
PPP Profile - Newton Specialty Retailer Capitalizes on Pet Industry Trends
… Center and Wellness Spa in Newton, are carving out a niche market on Main Street. Pets are a lifelong commitment and Earthwise Pet strives to provide … its doors last December with the help of an SBA-guaranteed loan. The business got off on the right foot until the … -
Eye Center of Houston
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Biden-Harris Administration Expands Access to Capital for Underserved Small Businesses Through Mission-Based Lenders
… its mission-lending Community Advantage Program as a result of its recent rule changes and the launch of 143 … Small Business Lending Company (CA-SBLC) licenses in the 7(a) Loan Program ensures that mission lenders, like CDFIs, can … -
SBA Recovery Programs Allow This Business to Keep On Cookin’ Through Pandemic
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Entrepreneurs Look at Obstacles as Child’s Play - How this Small Business Pivoted from COVID-19 with SBA Help
… business,” said Lauren. “It’s not exactly easy running a business that relies on social gatherings and shared equipment during a pandemic.” So, the couple turned to the tried and true … Courses. “Initially we were going to take out a massive loan to have our obstacles professionally designed and … -
Never Quit, Never Quit, Never Quit
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Taylor Chip finds sweet success with SBA’s technical and pandemic assistance programs
… started baking as something fun to do on date nights with a goal to create the best chocolate chip cookie ever with only the healthiest ingredients. It took them over a year to perfect the recipe, and they handed out the … Program (PPP) and COVID Economic Injury Disaster Loan (EIDL) that helped them keep their employees on payroll … -
Building a Solid Foundation with SBA Resources
… Building a Solid Foundation with SBA Resources Dunn Electric, LLC … after two years in business, the company was looking for a way to better grow the business. That is when Steven … company going. He received an SBA Economic Injury Disaster Loan (EIDL), EIDL Advance grant and Paycheck Protection … -
10 Stats That Explain Why Business Credit is Important for Small Business
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Dreaming of Becoming an Entrepreneur? The SBA Is Here to Help.
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READOUT: Administrator Guzman Visits Rhode Island and Massachusetts to Highlight Buying American-Made and Historic Growth in New Small Businesses
… and the record number of small business applications – a more than 30 percent increase – under the Biden-Harris … Jack Reed for breakfast at Pazi’s Place. Pazi’s Place is a 1950s-style diner where Administrator Guzman and Senator … Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) loans to assist with their pandemic recovery. … -
Building a Solid Foundation with SBA Resources
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Tradition and Service are Part of the Many Folds in the Fabric of an Oregon Community
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SBA-backed Financing Fuels Growth with Partner Buyout, Pandemic Relief
… started working for the company early in 2012, it was as a consultant assisting with marketing and strategic planning … CEO to reinvigorate the company. After helping it grow at a compound annual growth rate of twenty-seven percent since … Working with Choice Bank in 2018, he used an SBA-backed loan to finance the partner equity buy-out. Then in 2020, …