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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
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Lifelong Entrepreneur Makes the City Pretty with High-end Salon in Lincoln, NE
… the pandemic and was able to obtain a Paycheck Protection Loan. “The PPP was a life saver. We got in touch with a really good … limited on how many clients we could see in a day. The PPP loan was perfect for helping us shore up that income.” … -
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
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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, … -
Ohio Manufacturer Turns to SBA for Assistance During Challenging Economies
… did, too, with the help of a $1.2 million SBA-guaranteed loan to refinance debt and have working capital. As the … again to SBA, and received two Paycheck Protection Loans (PPP), through Waterford Bank, to keep its workforce employed … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
… they purchased their business location with an SBA 504 loan. The COVID-19 pandemic resulted in a large setback to … pursuing their dream of expansion, and their second 504 loan enabled this. The SBA 504 loan allowed them to purchase a former, vacant Safeway … -
Hurricane Idalia – Initial Disaster Assistance and Recovery Response
… initial response to Hurricane Idalia, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to … Additionally, SBA was responsive to the increase in loan applications that resulted from the hurricane. Residents … -
FRIDAY: SBA Deputy Administrator Visits with Business Owners Affected by the Francis Scott Key Bridge Collapse and Tours Business Recovery Center
… to assist business owners in completing their disaster loan applications, accept documents, and provide status on loan applications. Friday, April 19 Tour of Business … -
Readout of SBA Roundtable Celebrating AANHPI Heritage Month
… with total loans increasing by 44% and total loan dollars increasing by 36%. Since President Biden took … -
SBA Temporary Disaster Office in South Carolina to Close in Observance of Juneteenth National Holiday
… (SBA) announced today it will close its Disaster Loan Outreach Center (DLOC)in South Carolina on Wednesday, … at the DLOC will assist applicants complete their disaster loan applications, accept documents for existing … Center’s hours of operation are listed below. Disaster Loan Outreach Center (DLOC) York County Pathways Community … -
SBA Business Recovery Center in Leominster, Massachusetts Permanently Closing
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SBA Business Recovery Center in Leon County, Florida Permanently Closing
… questions, assist applicants complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
Extension and Revision of COVID-EIDL Servicing and Liquidation Policy
… 2024 Activity Liquidation Servicing SOP 50 52 2 Disaster Loan Servicing and Liquidation Remove download button Off … … -
SBA 2024 Capital Impact Report
… of the portfolio was driven by dramatic growth in the 7(a) Loan Program’s smallest loans—those under $150,000—as well as … -
From One to 14 Bowling Centers with SBA Financing
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Stacy & Adam Stevens Took the Entrepreneurial Leap Together: This Time it’s Her Turn
… we, or could we”, to “how do we”. That’s where the SBA loan products came into play and helped their vision become a … business. Through the support of an SBA 7(a) loan, in early 2023, Stacy and Adam became the proud owners … Inc. Then in late 2023, they closed on an SBA 504 loan through Pursuit CDC to purchase all the property …