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… Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans …

… pandemic. The Paycheck Protection Program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program,” said SBA Buffalo District Director Franklin J. …

… experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … faced was a lack of space and capacity, but an SBA loan helped Andrus physically expand Honey and Rye, and SBA …

… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for …

… a franchisee, you must always have enough money on hand to pay for things like inventory, supplies, taxes, payroll and … unless you have a working spouse who makes enough money to pay all of your continuing household expenses, you’ll need to set aside at least 6 months of capital to pay those living expenses. Don’t forget! Family Issues When …

… worth and net income that applies to SBA’s 7(a) and 504 loan programs.  The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, …

… If you’re having trouble getting a traditional business loan, there’s no need to worry. The SBA’s Lender Match tool … (EIN) . Doing so will allow you to open a bank account and pay taxes. Applying for licenses and permits and opening a …

… a product or service, however, they are more likely to pay attention and find the promotion credible. In fact, it … loyal customers are and who spends the most. Social media: Pay attention to your social media accounts and the customers …

… business education, technical assistance, revolving loan funds, and SBA Loans.   To learn more about the new VBOC …

… able to secure thanks to a $75,000 SBA Community Advantage Loan and Microloan for $15,000 from the Regional Business … to an SBA Paycheck Protection Program First & Second Draw loan, Finnick persevered. While COVID-19 initially presented …

… had obtained an SBA Paycheck Protection Program (PPP) loan during the pandemic, attended SBA training events over … active SBA lender in the region, and obtained an SBA 7(a) loan. And  he appreciates the SBA's assistance in enabling a …

… out and quickly connected with an Entrepreneur Fund loan officer. Together they all worked virtually and at record pace to secure financing through an SBA 7a loan in time for the original closing date during the … The business also used the SBA’s Economic Injury Disaster Loan, the EIDL Advance and Paycheck Protection Program funds …

… SBA delivered over 1,000 loans through its flagship 504 loan program to AANHPI-owned small businesses to the total of …

… to increase safety. Grōt, Inc. received a PPP forgivable loan in April 2020. Paperwork was processed within 48 hours. … of other small businesses to keep people employed and pay bills. This program was a blessing.” He also commented on …

… your business location can impact the taxes you have to pay, the regulations you must follow, and the revenue you can … Identification Number (EIN) , to open a bank account and pay taxes. It’s also important to stay legally compliant. …

… amended the SVOG program so entities that apply for a PPP loan after Dec. 27, 2020, can also apply for an SVOG, with the eligible entity’s SVOG to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this. As the …