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Statement by Administrator Guzman Applauding President Biden’s New Appointees to the U.S. Small Business Administration
… Administration appointees to the SBA within the Office of Disaster Assistance. These experienced leaders will play a … floods, and other natural disasters, our SBA Office of Disaster Assistance has been working diligently to serve the … Advisor Warren D. Miller, to help the SBA revamp our disaster assistance and resources and ensure America’s 32.5 … -
SBA Eliminates Disastrous Biden-Era Underwriting Standards
… approve underqualified borrowers for government-guaranteed loans. Predictably, the program saw a massive rise in … and expand their businesses or recover from a declared disaster. It delivers services through an extensive network … -
SBA Franchise Directory
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Former SBA Employee from South Florida Headed to Federal Prison After Defrauding COVID-19 Relief Programs
… and statements made in court, Chapman was employed as a Disaster Relief Specialist with the SBA from September 28, … the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan program, as well as local credit unions and … website, and the applications were processed and the loans funded for qualifying applicants directly by the SBA. … -
SBA Administrator Issues Statement on the Closure of Paycheck Protection Program
… begin to rectify these inequities -- in 2021, 96% of PPP loans went to small businesses with fewer than 20 employees. … Protection Program, among the first COVID-19 economic disaster relief programs to provide emergency funds to small … smallest small businesses. The PPP is only one of eight disaster relief programs established by Congress to assist … -
SBA Closing Dickson County Business Recovery Center Sept. 10; Humphreys County Center Remains Open
… “I encourage anyone who has not completed their disaster loan application to visit the center before the … COVID-19 incident. To be considered for all forms of disaster assistance, applicants should register online at … . Loan applications can also be downloaded at sba.gov/disaster . Completed applications should be mailed to: U.S. … -
Audit Report 14-11: SBA’s Progress in Complying with the Improper Payments Elimination and Recovery Act
… Sandy may have attributed to the rate increase for Disaster Assistance loan disbursements. Consequently, the … loan approvals; and $91 million to $121.1 million for Disaster Assistance loan disbursements. Notwithstanding the … However, the Disbursements for Goods and Services and Disaster Assistance Loan programs were not compliant because … -
SBA Announces Florida Business Recovery Centers Will Close on Sundays Beginning Nov. 20; Provides Thanksgiving Holiday Closure Information
… Centers to assist business owners with applying for SBA disaster loans for Hurricane Ian. SBA is operating the following … SBA declaration # 17644. To be considered for all forms of disaster assistance, applicants should register online at … -
SBA to Close Two Vermont Business Recovery Centers
… to have their questions answered and apply for an SBA disaster loan for physical damage and economic injury. … declaration # 18016. To be considered for all forms of disaster assistance, applicants should register with FEMA … or 7-1-1 to access telecommunications relay services. Disaster loan information and application forms can be … -
SBA Deadline is Sept. 5 for Maine Private NonProfit Organizations Affected by Physical Damage from Spring Severe Storms and Flooding
… (PNP) in Maine of the Sept. 5 deadline to submit disaster loan applications for physical damages that occurred … and should apply under SBA declaration # 17992 . Disaster loan information and application forms may also be … . Loan applications may be downloaded at sba.gov/disaster . Completed applications should be mailed to: U.S. … -
SBA Business Recovery Center in Rhode Island Closed Tuesday Due to Inclement Weather
… Recovery Center can assist business owners complete their disaster loan application, accept documents for existing … Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. Applicants may also call SBA’s Customer Service … -
SBA’s Paycheck Protection Program for Small Businesses Affected by the Coronavirus Pandemic Launches
… Securit y Act (CARES). The program provides forgivable loans up to $10 million to small businesses left financially … distressed by the Coronavirus (COVID-19) pandemic. The loans, which will be administered at the local level by a … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … -
SBA Announces Opening of Business Recovery Center at the Glen Burnie Library and Closes Center at Arundel Christian Church
… by the Francis Scott Key Bridge collapse. The disaster declaration covers the entire state of Maryland and … Centers will assist business owners in completing their disaster loan applications, accept documents, and provide … Applicants may apply online and receive additional disaster assistance information at sba.gov/disaster . … -
One Year Later: Biden-Harris Administration, SBA Have Prioritized an Equitable Recovery, Centered on Strengthening Main Street and Supply Chains
… businesses and nonprofits), the COVID Economic Injury Disaster Loan (EIDL) program (approx. $125 billion to over … as nearly 1.7 million small businesses with PPP loans of less than $150,000 have received relief through the … and devasting natural disasters, the Agency’s tireless disaster assistance team responded by delivering nearly $2.3 … -
SBA Extends Physical Deadline for Puerto Rico Private Nonprofit Organizations Affected by Tropical Storm Ernesto
… are now eligible to apply for low interest federal disaster loans to offset physical damage caused by Tropical Storm … and suffered financial losses directly related to the disaster are eligible to apply. Examples of eligible … -
SBA Business Recovery Center in Rhode Island Closing Permanently
… at the center will assist business owners complete their disaster loan application, accept documents for existing … March 7 at 6:30 p.m. To be considered for all forms of disaster assistance, applicants should register online at … Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. … -
SBA Rolls Out Dedicated Tool for Small Businesses to Connect with CDFIs, Small Asset Lenders Participating in PPP
… on payroll. Lender Match does not accept Economic Injury Disaster Loan applications. “The SBA is focused on assisting … communities and connecting them with forgivable PPP loans, especially before the June 30, 2020, application … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … -
SBA Business Recovery Center in East Providence Will Remain Open to Jan. 26; Center Will Close for MLK DAY
… will be available at the BRC to answer questions about the disaster loan program and help business owners complete their … on January 26, 2024, at 4 p.m. Applicants for disaster loans may apply online and receive additional … -
SBA Business Recovery Centers in West Virginia Changes Operating Hours; Permanently Closing March 29
… Centers will assist business owners complete their disaster loan application, accept documents for existing … Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster . Applicants may also call SBA’s Customer Service …