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SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
… existing PPP borrowers to apply for a Second Draw PPP Loan. “The historically successful Paycheck Protection … Key PPP updates include: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks … PPP borrowers can request to modify their First Draw PPP Loan amount; and Certain existing PPP borrowers are now … -
SBA Expands Disaster Relief for 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 … -
Biden-Harris Administration Takes Historic Step in Expanding Access to Capital and Filling Lending Gaps in Underserved Communities
… announcement builds on the SBA’s modernization of its loan programs , helping promote more small business lending … lending is loans under $150,000, and with an average loan size of $153,700 – well below the average SBA 7(a) loan size of $480,000 – Funding Circle will be able to deepen … -
SBA Offers Disaster Assistance to Small Businesses Economically Impacted by the California Salmon Fishery Closure 2023
… 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 … -
Physical Damage Deadline Approaching for Hurricane Irma Survivors
… questions and assist businesses in completing the SBA application. FEMA/SBA Disaster Recovery Centers (DRC) … and Ware. Additional information on the disaster loan program may be obtained by calling SBA’s Customer … . Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … -
SBA Disaster Assistance Available to Private Nonprofit Organizations in the Burns Paiute Tribe
… 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 Disaster Assistance Available to Havasupai Tribe Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Over $2 Million in SBA Relief Approved to Help New Jersey Rebuild After Sinkholes on Interstate 80
… to apply before the deadline.” Economic Injury Disaster Loan (EIDL) program is still available to small businesses … payable, and other bills not paid due to the disaster. The loan amount can be up to $2 million with interest rates as … are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based … -
SBA Relief Still Available to New Mexico Small Businesses and Private Nonprofits Affected by Summer Fires
… Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small … could have been paid had the disaster not occurred. The loan amount can be up to $2 million with interest rates as … are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amount terms based on … -
Over $2 Million in SBA Relief Approved to Help New Jersey Rebuild After Sinkholes on Interstate 80
… to apply before the deadline.” Economic Injury Disaster Loan (EIDL) program is still available to small businesses … payable, and other bills not paid due to the disaster. The loan amount can be up to $2 million with interest rates as … are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based … -
SBA Disaster Assistance Available to Private Nonprofit Organizations in the Agua Caliente Band of Cahuilla Indians
… 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 to Open Business Recovery Center in Gardiner to Help Businesses Impacted by Severe Storm and Flooding
… with each business owner to explain how an SBA disaster loan can help finance their recovery. They will answer questions about SBA’s disaster loan program, explain the application process and help each business owner complete … -
SBA Business Recovery Center in Guam to Relocate
… meet with business owners to explain how an SBA disaster loan can help finance their recovery. They will answer questions about SBA’s disaster loan program, explain the application process and help each business owner complete … -
SBA Disaster Assistance Available to Rosebud Sioux Tribe Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Deadline Approaching for Private Nonprofit Organizations in the Confederated Tribes of the Colville Reservation
… 21, 2022, deadline to apply for an SBA federal disaster loan for property damage caused by wildfires that occurred … The interest rate is 2 percent with terms up to 30 years. Loan amounts and terms are set by SBA and based on each … -
SBA Business Recovery Centers Close in Massachusetts for Independence Day; Bristol Business Recovery Center Closed Permanently After July 5
… Centers will assist applicants complete their disaster loan application, accept documents for existing applications, and … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … -
SBA Offers Financial Relief to Louisiana Businesses Impacted by New Year’s Tragedy in New Orleans
… Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small … could have been paid had the disaster not occurred. The loan amount can be up to $2 million with interest rates of 4% … are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based … -
SBA Disaster Assistance Available to the Muscogee (Creek) Nation Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Small Business Person of the Year
… type of SBA assistance such as, but not limited to, an SBA loan, SCORE counseling, Small Business Development Center …