Capital Credit Union Presented with SBA Award
… reduce guaranty fees by 50 percent for veterans on all SBA loan programs.” # # # Attached photo cutline: Capital Credit …
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https://www.sba.gov/article/2016/dec/22/capital-credit-union-presented-sba-award
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CDC 504 Liquidation Plan
https://www.sba.gov/document/support--cdc-504-liquidation-plan… it intends to take to maximize recovery on a specific 504 Loan. All CDCs should prepare a Liquidation Plan within 30 … of Debenture purchase regardless of whether the CDC or SBA Loan Center is primarily responsible for handling the liquidation. A Liquidation Plan for a 504 Loan should have a copy of the demand letter attached to it … -
Unconditional Guarantee
https://www.sba.gov/document/sba-form-148-unconditional-guarantee… 7(a), CDC/504 Activity Authorization SOP 50 57 7(a) Loan Servicing and Liquidation SOP 50 55 504 Loan Servicing and Liquidation Support Standard 7(a) … -
Security Agreement
https://www.sba.gov/document/sba-form-1059-security-agreement… 7(a), CDC/504 Activity Authorization SOP 50 57 7(a) Loan Servicing and Liquidation SOP 50 55 504 Loan Servicing and Liquidation SOP 50 10 Lender and Development Company Loan Programs Remove download button Off … The Security … -
Readout of SBA Administrator Guzman’s Participation in Events with Congressional Black Caucus Foundation
https://www.sba.gov/article/2023/09/26/readout-sba-administrator-guzmans-participation-events-congressional-black-caucus-foundation… Administration . Since 2020, the number of loans, total loan dollars, and overall share of loans going to Black-owned … -
7(a) Working Capital Pilot (WCP) Program Guide
https://www.sba.gov/document/support-7a-working-capital-pilot-wcp-program-guide… (WCP) program. Support SBA Lenders must also follow the loan program requirements applicable to the 7(a) loan program, including but not limited to the regulations at … programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs SOP 50 56 1 Lender participation requirements … -
Office of Hearings and Appeals
https://www.sba.gov/about-sba/oversight-advocacy/office-hearings-appeals… suspensions and terminations. PPP final SBA loan review decisions. More information regarding OHA’s … Appeal a Paycheck Protection Program (PPP) final SBA loan review decision. Appeal your PPP decision Size appeals … -
SBA Disaster Assistance Available to Oglala Sioux Tribe Private Nonprofit Organizations
https://www.sba.gov/article/2023/feb/22/sba-disaster-assistance-available-oglala-sioux-tribe-private-nonprofit-organizations… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … to decrease the overall cost of recovery by reducing the amount of accrued interest they must repay. Details are … -
The U.S. Small Business Administration can Finance your International Sales
https://www.sba.gov/blog/us-small-business-administration-can-finance-your-international-sales… Capital Program EWCP. Quite simply, SBA will provide a 90% loan guarantee to lenders who extend working capital loans … 12 months, whereupon it can be replaced with a new loan allowing ongoing access to working capital for … EWCP, connect with our team of regional export finance loan officers who can help you connect with active SBA … -
SBA Adjusts Size Standards to Expand Lending & Contracting Opportunities
https://www.sba.gov/article/2020/feb/06/sba-adjusts-size-standards-expand-lending-contracting-opportunities… more small businesses to become eligible for the SBA’s loan and contracting programs. The interim final rule was … program-specific monetary-based size standards by the same amount for sales or leases of government property and … SBA-guaranteed 7(a) and 504 Certified Development Company loan programs, which were established under the Small … -
SBA Disaster Assistance Available to Missouri Private Nonprofit Organizations
https://www.sba.gov/article/2023/09/22/sba-disaster-assistance-available-missouri-private-nonprofit-organizations… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Expands Hours at Hillsborough County Business Recovery Center to Assist Floridians Recovering from Hurricane Ian
https://www.sba.gov/article/2022/oct/11/sba-expands-hours-hillsborough-county-business-recovery-center-assist-floridians-recovering… Centers to assist Floridians with applying for disaster loan assistance for losses due to Hurricane Ian that began … as indicated above to answer questions about the disaster loan program and assist business owners in completing their … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … -
SBA Expands Disaster Relief for Hawaii
https://www.sba.gov/article/2023/08/31/sba-expands-disaster-relief-hawaii… until 12 months from the date of the initial disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
Audit of SBA’s Desktop Loss Verification Process
https://www.sba.gov/document/report-19-23-audit-sbas-desktop-loss-verification-process… SBA meeting its timeliness goals for processing disaster loan applications for Hurricanes Harvey, Irma, and Maria. … and repair and replacement costs prior to disbursing loan funds. Further, SBA inappropriately relied on FEMA … and losses reported in the initial loss verification; and loan files did not contain sufficient documentation to … -
AK 15859-05 SBA to Close Its Business Recovery Center in Eagle River
https://www.sba.gov/article/2019/mar/12/ak-15859-05-sba-close-its-business-recovery-center-eagle-river… business owners to answer questions about SBA’s disaster loan program, explain the application process, help each individual complete their electronic loan application and close their approved loans. No … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
SBA Disaster Assistance Available to Hoopa Valley Tribe Private Nonprofit Organizations
https://www.sba.gov/article/2023/04/26/sba-disaster-assistance-available-hoopa-valley-tribe-private-nonprofit… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … to decrease the overall cost of recovery by reducing the amount of accrued interest they must repay. Details are … -
SBA Disaster Assistance Available to Navajo Nation Private Nonprofit Organizations
https://www.sba.gov/article/2023/04/13/sba-disaster-assistance-available-navajo-nation-private-nonprofit-organizations… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … to decrease the overall cost of recovery by reducing the amount of accrued interest they must repay. Details are … -
SBA’s Associate Administrator to Discuss Disaster Preparedness and Mitigation During Visit to Puerto Rico and U.S. Virgin Islands
https://www.sba.gov/article/2022/aug/03/sbas-associate-administrator-discuss-disaster-preparedness-mitigation-during-visit-puerto-rico-us… 27 to discuss the approval of a $1.75 million disaster loan to Cooperativa de Vivienda La Ceiba, a non-profit … their customers and their employees and the SBA’s disaster loan program help communities recover swiftly. The SBA’s disaster loan program is the only federal assistance program that … -
SBA to Open Business Recovery Center in Beaverton to Help Businesses Impacted by Winter Ice Storm
https://www.sba.gov/article/2024/02/20/sba-open-business-recovery-center-beaverton-help-businesses-impacted-winter-ice-storm… accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Administrator Guzman Lauds President Biden’s Budget for Fiscal Year 2025, Highlights Impact on Small Businesses
https://www.sba.gov/article/2024/03/11/sba-administrator-guzman-lauds-president-bidens-budget-fiscal-year-2025-highlights-impact-small… business lending programs, including the 7(a) business loan guarantee, capital for major fixed assets (504 loan guarantee), Small Business Investment Company (SBIC), … The budget proposes statutory increases to the maximum SBA loan size for small manufacturers and exporters, as well as a …