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… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses.  He disposed of the …

… and resources available to you.  Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and …

… and resources available to you.  Ask us about our various loan programs including: Loans for working capital – SBA … renovate business real estate or major equipment – SBA 504 Loan Program ; and Governmment contracting certifications and …

… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond …

… and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program:   “SBA-backed loans support small …

… of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending institutions … loans approved for $63 billion. The average overall PPP loan size is currently at less than $95,000. “Small …

… as part of the application package for Section 504 Loan and sends to: Sacramento Loan Processing Center, Small Business Administration, 6501 …

… oversight of lender service providers (LSPs) as loan agents. LSPs are deeply involved in all phases of the loan life cycle, including originating, closing, servicing, … potential risks associated with LSP involvement in SBA loan programs.  In addition, SBA did not adequately …

… differed from the original bank accounts listed on the loan applications; $62.7 billion ($58.0 billion disbursed) in …

… in the form of a forgivable Paycheck Protection Program loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing and renovating a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees and 4 …

… South 8th Street. Flavorman has used the SBA 7(a) and 504 loan programs, as well as other SBA loans, to finance the …

… to the Maui wildfire disaster, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to the Maui … Recovery Center on Maui and provided timely disaster loan assistance to survivors. While SBA successfully …

… thanks to online and wholesale clients.  Traditional SBA loan products are financing this, including a line of credit to purchase inventory, an SBA 504 loan for a plant and building, and a 7(a) working capital loan to manage the highly seasonal nature of sales and …

… borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility … of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week … for businesses to realize full forgiveness of their PPP loan. Click here to view the EZ Forgiveness Application. …

… hired six Schedule C employees without all the necessary documents to comply with Federal regulations and internal …

… 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 …

… 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 …