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https://www.sba.gov/article/2024/02/13/sba-business-recovery-center-rhode-island-closed-tuesday-due-inclement-weather-0
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The SBA issues a final rule to adopt increases to the alternative size standard for inflation and adjust limits for the Surety Bond Guarantee Program.
https://www.sba.gov/article/2024/02/22/sba-issues-final-rule-adopt-increases-alternative-size-standard-inflation-adjust-limits-surety-bond… 7(a) Business and Certified Development Company (CDC/504) Loan Programs (collectively “Business Loan Programs”), subject to a 34.46 percent adjustment for … size standards, will gain eligibility for SBA's Business Loan Programs for which they would not otherwise be eligible … -
SBA Business Recovery Center in Rumford Changes Operating Hours
https://www.sba.gov/article/2024/02/23/sba-business-recovery-center-rumford-changes-operating-hours… Center will assist business owners complete their disaster loan application, accept documents for existing applications, … -
Angelene Ripley Wright Named 2024 Oklahoma Small Business Person of the Year
https://www.sba.gov/success-story/angelene-ripley-wright-named-2024-oklahoma-small-business-person-year… the Tulsa area. Wright purchased the business with an SBA loan and was helped through the COVID-19 pandemic with two PPP loans and a COVID-19 EIDL loan. She has doubled the employee count since buying the … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
https://www.sba.gov/success-story/achieve-sports-center-selected-colorado-2024-small-business-persons-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
https://www.sba.gov/document/report-24-12-hurricane-idalia-initial-disaster-assistance-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
https://www.sba.gov/article/2024/04/18/friday-sba-deputy-administrator-visits-business-owners-affected-francis-scott-key-bridge-collapse… 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
https://www.sba.gov/article/2024/05/14/readout-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
https://www.sba.gov/article/2024/06/11/sba-temporary-disaster-office-south-carolina-close-observance-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
https://www.sba.gov/article/2024/07/09/sba-business-recovery-center-leominster-massachusetts-permanently-closing… questions, assist business owners 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 to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Business Recovery Center in Leon County, Florida Permanently Closing
https://www.sba.gov/article/2024/08/29/sba-business-recovery-center-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
https://www.sba.gov/document/policy-notice-5000-857729-extension-revision-covid-eidl-servicing-liquidation-policy… 2024 Activity Liquidation Servicing SOP 50 52 2 Disaster Loan Servicing and Liquidation Remove download button Off … … -
SBA 2024 Capital Impact Report
https://www.sba.gov/document/report-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
https://www.sba.gov/success-story/one-14-bowling-centers-sba-financing… center, L&S was approved for a $1.6 million SBA guaranteed loan from Columbia State Bank in 2009. To purchase additional … was approved for six additional loans under the SBA 504 Loan Program. L&S started with one bowling center in 2000 and … -
Stacy & Adam Stevens Took the Entrepreneurial Leap Together: This Time it’s Her Turn
https://www.sba.gov/success-story/stacy-adam-stevens-took-entrepreneurial-leap-together-time-its-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 … -
Distributor Certification
https://www.sba.gov/document/support-distributor-certification… 7(a), CDC/504 SOP 50 10 Lender and Development Company Loan Programs Support SBA Franchise Directory Remove download … -
Office of Inspector General
https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general… to lookout for to protect your business from grant fraud, loan fraud, or phishing. Protect your business Connect with … -
About the SBA.gov website
https://www.sba.gov/about-sba/open-government/about-sbagov-website -
Providing Standby Letters of Credit to Your Client is Easy with SBA
https://www.sba.gov/blog/providing-standby-letters-credit-your-client-easy-sba… exporter provides a standby letter of credit in an equal amount to the down payment. The letter of credit ensures the … up 100% cash collateral for the standby letter of credit amount or put a restriction on their domestic line of credit for the entire amount of the standby letter of credit. This standard bank … -
U.S. Economy Soars with 266,00 Jobs Added in November
https://www.sba.gov/article/2019/dec/10/us-economy-soars-26600-jobs-added-november… and almost 160 million people are working – the highest amount in our nation’s history,” said SBA New England … jobs for September and October, bringing the three-month average positive job growth gain statistic to 205,000, a ten-year high. Further, the average monthly job growth figure for 2019 jobs is a net …