Readout of SBA Administrator Guzman’s Visit to Denver
… SBA delivered nearly 900 loans through its flagship 504 loan program to Hispanic-owned small businesses to a total of …
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https://www.sba.gov/article/2023/06/26/readout-sba-administrator-guzmans-visit-denver
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SBA Deadline is Sept. 5 for Maine Private NonProfit Organizations Affected by Physical Damage from Spring Severe Storms and Flooding
https://www.sba.gov/article/2023/08/15/sba-deadline-sept-5-maine-private-nonprofit-organizations-affected-physical-damage-spring-severe… (PNP) in Maine of the Sept. 5 deadline to submit disaster loan applications for physical damages that occurred from the … 30 years. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … and should apply under SBA declaration # 17992 . Disaster loan information and application forms may also be obtained … -
SBA Announces Thanksgiving Day Holiday Closure of Business Recovery Centers
https://www.sba.gov/article/2023/11/17/sba-announces-thanksgiving-day-holiday-closure-business-recovery-centers -
SBA Announces Decrease in Surety Bond Guarantee Fees
https://www.sba.gov/article/2018/sep/06/sba-announces-decrease-surety-bond-guarantee-fees… fee from $7.29 per thousand dollars of the contract amount to $6.00 per thousand dollars of the contract amount. “Reducing the SBG program fees will not only directly … and over 350 active agents in the SBG program. On average, completed surety bond applications are reviewed and … -
Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
https://www.sba.gov/document/report-21-03-evaluation-cares-act-debt-relief-7a-borrowers -
SBA Announces Holiday Hours for Business Recovery Center in Maine; Center will close permanently on Jan. 12
https://www.sba.gov/article/2023/12/21/sba-announces-holiday-hours-business-recovery-center-maine-center-will-close-permanently-jan-12… to answer questions, help apply for an SBA Disaster Loan, upload documents, check an application’s status, and assist with reconsideration requests for the loan. The declaration covers Androscoggin County and the … secure website at sba.gov/disaster . To obtain disaster loan information call the SBA’s Customer Service Center at … -
SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program
https://www.sba.gov/article/2020/jun/13/sba-treasury-announce-new-revised-guidance-regarding-paycheck-protection-program… June 8, 2020 , the new rule updates provisions relating to loan maturity, deferral of loan payments, and forgiveness provisions. In addition, as an … fraud, bribery, embezzlement, or a false statement in a loan application or an application for federal financial … -
Prepare Now, Be Ready Later: National Preparedness Month Tips for Small Business Owners
https://www.sba.gov/blog/2024/2024-08/prepare-now-be-ready-later-national-preparedness-month-tips-small-business-owners… a disaster declaration. Apply for a low-interest disaster loan online at sba.gov/disaster . Disaster Managing a … -
Take Advantage Now of Expiring Provisions
https://www.sba.gov/blog/take-advantage-now-expiring-provisions… Long-term unemployed There are 10 targeted groups and the amount of the credit varies with the group, and in some … and medical leave to all qualifying employees and the amount paid is not less than 50% of the normal wages. … are those who earned no more than $72,000 in 2018. The amount of the credit, which is figured on IRS Form 8994 , is … -
Sisters United in Business
https://www.sba.gov/success-stories/sisters-united-business… due to lack of credit and experience, they were denied the loan. The sisters turned to their family for support and … MJ Culhane and her sisters obtained an SBA-backed 504 loan to purchase a building and open a second Culhane’s Irish … event in 2021, the business still lost a significant amount of revenue. Culhane’s Irish Pub has worked with SBA … -
Let the SBA Help You Better Understand Your Finances
https://www.sba.gov/blog/2023/2023-03/let-sba-help-you-better-understand-your-finances… to reduce their risk, increasing the likelihood your loan will be approved with the terms that work best for you. … -
Follow-up Inspection of SBA’s Internal Controls to Prevent COVID-19 EIDLs to Ineligible Applicants
https://www.sba.gov/document/report-22-22-follow-inspection-sbas-internal-controls-prevent-covid-19-eidls-ineligible-applicants -
Jill Larsen’s Crayons 2 Pencils Early Learning Center Sharpens Young Minds
https://www.sba.gov/success-story/jill-larsens-crayons-2-pencils-early-learning-center-sharpens-young-minds… She found startup costs through an SBA 7(a) guaranteed loan and support for the building purchase and renovation with an SBA 504 loan in partnership with Iowa Business Growth, an SBA Certified Development Company. After receiving her loan, Larsen parlayed the success she experienced at Crayons … -
SBA Disaster Assistance Available to Private Nonprofit Organizations in the Salt River Pima-Maricopa Indian Community
https://www.sba.gov/article/2022/sep/06/sba-disaster-assistance-available-private-nonprofit-organizations-salt-river-pima-maricopa-indian -
SBA Disaster Assistance Available to Private Nonprofit Organizations in the Confederated Tribes of the Colville Reservation
https://www.sba.gov/article/2021/dec/23/sba-disaster-assistance-available-private-nonprofit-organizations-confederated-tribes-colville… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Wisconsin Women’s Business Initiative Corporation Wins SBA’s 2017 Jody C. Raskind Lender Award
https://www.sba.gov/article/2017/apr/18/wisconsin-womens-business-initiative-corporation-wins-sbas-2017-jody-c-raskind-lender-award… both Microloans and Community Advantage loans and No. 6 in loan volume for both programs. In 1999, responding to a major … -
SBA Closing Business Recovery Centers in Observance of MLK Holiday; One Month Left to Apply
https://www.sba.gov/article/2024/01/12/sba-closing-business-recovery-centers-observance-mlk-holiday-one-month-left-apply… homeowners, and renters to apply for a disaster loan for physical damage before Feb. 12 deadline. Customer … will assist business owners complete their disaster loan application, accept documents for existing applications, … needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … -
Paycheck Protection Program and SBA Debt Relief helps small business pay employees during pandemic
https://www.sba.gov/success-stories/paycheck-protection-program-and-sba-debt-relief-helps-small-business-pay-employees… couple years through the Emerging Leaders Program, 504 Loan, SBA award, and my SBDC and SCORE coaches,” stated … Protection Program and the Economic Injury Disaster Loan and then turned to my management company and lender … was able to secure a $170,000 Paycheck Protection Program loan to keep her employees fully paid while being closed and … -
The Studio Looking Good, Doing Good!
https://www.sba.gov/success-story/studio-looking-good-doing-good… an SBA resource partner for help to develop an SBA Low Doc loan package to finance the business. The SBDC assisted Lisa … a business plan to fund a second location backed by an SBA loan. Lisa continues her relationship with the SBDC by … her business under the Paycheck Protection Program (PPP Loan) and the Economic Injury Disaster Loan (EIDL) to sustain … -
SBA Disaster Assistance Available to Montana Private Nonprofit Organizations in Rosebud County and the Northern Cheyenne Indian Reservation
https://www.sba.gov/article/2021/oct/04/sba-disaster-assistance-available-montana-private-nonprofit-organizations-rosebud-county-northern… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to …