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60,000 Paycheck Protection Program Loans Approved in First Week
… through Thursday, joined Friday by smaller lenders. As of today, Jan. 19, the Paycheck Protection Program is open to … Data from our first week, which first allowed hundreds of community financial institutions to submit applications, … wider to small banks, demonstrate that we have helped tens of thousands of businesses,” said SBA Administrator Jovita … -
SBA Veterans Small Business Advisory Committees to Host Virtual Public Meetings June 2 and 3
… Stubblefield, Associate Administrator for the SBA's Office of Veterans Business Development. "We encourage veteran small … include committee member updates from the Departments of Defense, Labor, Treasury, and Veterans Affairs; General Services Administration; Office of Management and Budget; North Carolina Military Business … -
WHAT THEY ARE SAYING: U.S. Senators Applaud SBA Administrator Guzman’s Decision to Extend Additional Deferment to Existing COVID Economic Injury Disaster Loan Program Borrowers
… March 15, Administrator Isabella Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the … Guzman, the SBA will provide additional deferment of principal and interest payments for existing COVID … Injury Disaster Loan (EIDL) program borrowers for a total of 30 months deferment on all approved COVID EIDL loans. … -
Statement by SBA Administrator Guzman on Agency’s New Equity Action Plan
… – Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the … statement highlighting the significance and impact of the SBA’s Equity Action Plan, released alongside equity plans from over 90 federal agencies as part of a coordinated effort by the Biden-Harris Administration to … -
SBA Recognizes the Office of Surety Guarantees FY23 Award Winners
… SBA Recognizes the Office of Surety Guarantees FY23 Award Winners WASHINGTON – Today, Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the … 11 million entrepreneurs. SCORE is a 501(c)(3) nonprofit organization and a resource partner of the U.S. Small … -
SBA Business Recovery Centers Close in Observance of Juneteenth, Update Hours of Operation
… SBA Business Recovery Centers Close in Observance of Juneteenth, Update Hours of Operation ATLANTA – The U.S. Small Business Administration … in Massachusetts on Wednesday, June 19 in observance of the Juneteenth Holiday. The center will resume normal … -
SBA Veterans Small Business Advisory Committees Set to Host Quarterly Public Meetings on Sept. 10 and 12
… the Assistant Administrator for SBA’s Office of Veterans Business Development, Congress, the President, … Robert Yannuzzi, Assistant Administrator, Office of Veterans Business Development, U.S. Small Business Administration IATF members (Departments of Veterans Affairs, Treasury, Defense, and Labor; U.S. … -
OR 16414-02 Deadline Approaching in Oregon for SBA Disaster Loans for Property Damage Due to Severe Storms, Flooding, Landslides and Mudslides
… Mudslides SACRAMENTO, Calif. – Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field … Center-West today reminded Oregon private nonprofits of the June 2, 2020, deadline to apply for an SBA federal … 2020. Private nonprofits that provide essential services of a governmental nature are eligible for assistance. … -
SBA Boosts Helene Recovery with Mitigation Assistance: Loan Increases Available to Strengthen Against Future Disasters
… the U.S. Small Business Administration (SBA) as a result of Tropical Storm Helene that occurred Sept. 25 through Oct. 3, have two years from the date of their loan approval to request an increase to pay for … chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr. , associate … -
St. Louis Investment Firm Named Small Business Investment Company of the Year
… Investment Firm Named Small Business Investment Company of the Year WASHINGTON – Eagle Fund III, LP of St. Louis, Missouri has been named the 2019 Small Business Investment Company (SBIC) of the Year by the U.S. Small Business Administration. … -
SBA and NASBP to Hold Surety Bonding Credit Seminars for Small Businesses
… – The U.S. Small Business Administration’s Office of Surety Guarantees (OSG) and the National Association of Surety Bond Producers (NASBP) are partnering to offer a … Need to Know,” will be held concurrently in the District of Columbia, Denver and Seattle, with a focus on establishing … -
SBA Offers Loan Increase for Mitigation Measures: Boost Your Recovery and Strengthen Against Future Disasters
… the U.S. Small Business Administration (SBA) as a result of Tropical Storm Debby that occurred on Aug. 4-20, have two years from the date of their loan approval to request an increase to pay for … chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr. , associate … -
SBA Mitigation Funds Are an Affordable Way to Rebuild Smarter: Don’t Miss the Chance to Apply for a Loan Increase
… the U.S. Small Business Administration (SBA) as a result of Tropical Storm Helene that occurred Sept. 26-30, have two years from the date of their loan approval to request an increase to pay for … chance to incorporate measures that can reduce the risk of future damage,” said Francisco Sánchez, Jr. , associate … -
SBA Opens Business Recovery Center in Pulaski County Kentucky
… Small Business Administration (SBA) announced the opening of Business Recovery Center (BRC) in Pulaski county to assist … p.m. Closed: Sunday Permanently Closing: TBD The BRC hours of operation is listed below: “SBA’s Business Recovery … a disaster,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. … -
SBA Proposes Small Business Size Standard Revisions in Three Industrial Sectors; Change Targeted at Increasing Eligibility for Contracting and Loan Programs
… Scientific and Technical Services; Management of Companies and Enterprises; and Administrative and Support … in those sectors. The following table includes the number of industries reviewed and the number of industries with proposed increases in size standards by … -
SBA Administrator Guzman Announces Implementation of Transformational Public-Private Investment Program Reforms
… SBA Administrator Guzman Announces Implementation of Transformational Public-Private Investment Program Reforms … licenses – the “Accrual SBIC” and the “Reinvestor (Fund-of-Funds) SBIC” – expand the SBIC program network of private market financing partners and the SBA’s reach to … -
The SBA Funds 16,000 Restaurant Revitalization Fund Awards
… to more than 16,000 approved applicants. This first round of funding represents over $2 billion of relief awarded since last Monday’s successful program … been unable to access relief. Restaurants are the core of our neighborhoods and propel economic activity on Main … -
SBA Updates Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)
… by Coronavirus (COVID-19) WASHINGTON – Today, as part of the Trump Administration’s aggressive, whole-of-government efforts to combat the Coronavirus outbreak … have suffered substantial economic injury as a result of a disaster, with at least one business located in each … -
SBA Names the Most Active Surety Partners and Bond Agencies for Fiscal Year 2018
… by the SBG program in FY 2018 is a direct result of the great partnership with our sureties and authorized … jobs,” said Peter C. Gibbs, Acting Director for the Office of Surety Guarantees. The SBA’s Surety Bond Guarantee program … contract value, up $500M from FY 2017. With the work of the SBA’s top performing surety partners and bond …