Standby Creditor's Agreement
… subordinates any lien rights in collateral securing the loan to SBA Lender's rights in the collateral, and takes no …
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https://www.sba.gov/document/sba-form-155-standby-creditors-agreement
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Personal Financial Statement
https://www.sba.gov/document/sba-form-413-personal-financial-statement -
Settlement Sheet (Use of Proceeds Certification)
https://www.sba.gov/document/sba-form-1050-settlement-sheet-use-proceeds-certification… The purpose of this form is to document and verify that loan proceeds were disbursed in accordance with the … into the business prior to the Lender disbursing any loan proceeds. This form is for use for all 7(a) loans and … -
Annual Franchisor Certification
https://www.sba.gov/document/sba-form-2464-annual-franchisor-certification… General SOP 50 10 Lender and Development Company Loan Programs Remove download button Off … This document was … -
Audit Report 13-13: Evaluation of SBA’s Progress in Reducing Improper Payments in FY 2012
https://www.sba.gov/document/report-13-13-audit-report-13-13-evaluation-sbas-progress-reducing-improper-payments-fy-2012… FY 2011 assessment. Specifically, the Disaster Assistance Loan Program made progress through the deployment of improved … and 504 programs improved their testing procedures for loan guaranty approvals. The revised procedures were more … reporting requirements. However, the Disaster Assistance Loan program was not compliant because their improper payment … -
SBA’s COVID-19 EIDL Program Data Migration Challenges
https://www.sba.gov/document/report-22-16-sbas-covid-19-eidl-program-data-migration-challenges… and prosecute fraud relies on having continued access to loan and grant data, especially regarding evidential matter … -
Serious Concerns Regarding the Return of Paycheck Protection Program Funds
https://www.sba.gov/document/report-23-08-serious-concerns-regarding-return-paycheck-protection-program-funds… to borrowers on returning PPP funds to lenders if the loan was forgiven or guaranty purchased. Provide detailed … on their responsibilities for accepting PPP funds if the loan was forgiven, to include documenting reasons for the … -
Essential Business uses Paycheck Protection Program to Bring Back Employees
https://www.sba.gov/success-stories/essential-business-uses-paycheck-protection-program-bring-back-employees… of the PPP but was unable to find a bank to process the loan. When the second round of PPP funding was released Tony … where the staff was very helpful and able to close the loan for the small business. “Thanks to Andrew King at … Bank, we were able to get a Paycheck Protection Program loan to bring back two full-time employees, pay health … -
SBA Announces Christmas and New Year’s Day Holiday Closure of Business Recovery Centers
https://www.sba.gov/article/2023/12/22/sba-announces-christmas-new-years-day-holiday-closure-business-recovery-centers… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Announces the Closing of Business Recovery Centers Due to Inclement Weather Conditions
https://www.sba.gov/article/2024/01/09/sba-announces-closing-business-recovery-centers-due-inclement-weather-conditions… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Oak Forest Municipal Complex hours of … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Business Recovery Center in Rhode Island Closed Tuesday Due to Inclement Weather
https://www.sba.gov/article/2024/02/13/sba-business-recovery-center-rhode-island-closed-tuesday-due-inclement-weather-0… Center can assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. SBA Business Recovery Center (BRC) … services. The filing deadline to return economic injury loan applications is Sept. 16, 2024. ### About the U.S. … -
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 -
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 …