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https://www.sba.gov/article/2024/07/24/sba-added-columbia-county-florida-private-non-profit-organizations-affected-severe-storms-flooding
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LA 14811-04 SBA to Open Additional Business Recovery Center in Denham Springs to Help Businesses Impacted by Severe Storms and Flooding
https://www.sba.gov/article/2016/aug/24/la-14811-04-sba-open-additional-business-recovery-center-denham-springs-help-businesses-impacted… with each business owner to explain how an SBA disaster loan can help finance their recovery. They will answer questions about SBA’s disaster loan program, explain the application process and help each business owner complete … -
SBA Growth Accelerator Fund Competition to Accelerate Innovation-Driven Ecosystem Building with Up to $9 Million in Awards
https://www.sba.gov/article/2024/12/19/sba-growth-accelerator-fund-competition-accelerate-innovation-driven-ecosystem-building-9-million… of innovation ecosystems in two stages. Stage One: Application opens Jan. 8, 2025 The Stage One application offers $75,000 in cash prizes to organizations … access to entrepreneurship. Applicants should align their application with one of two GAFC theme areas : … -
Deadline Approaching in Kentucky for Private Non-Profits Affected by March 2023 Severe Storms to Apply
https://www.sba.gov/article/2023/12/07/deadline-approaching-kentucky-private-non-profits-affected-march-2023-severe-storms-apply… The SBA offers federal Economic Injury Disaster Loan (EIDL) to help eligible non-critical PNP organizations … working capital needs such as ongoing operating expenses. Loan amounts can be up to $2 million with an interest rate of … suffered any physical property damage. The SBA sets loan amounts and terms based on each applicant’s financial … -
SBA to Open Business Recovery Center in Omaha to Help Businesses Impacted by Severe Storms, Straight-line Winds and Tornadoes
https://www.sba.gov/article/2024/05/09/sba-open-business-recovery-center-omaha-help-businesses-impacted-severe-storms-straight-line-winds -
SBA Administrator Recognizes Export Lenders of the Year
https://www.sba.gov/article/2016/apr/08/sba-administrator-recognizes-export-lenders-year… business exporters in 2015 using all three SBA export loan programs: Export Express, Export Working Capital, and … exporters in 2015 using SBA’s Export Working Capital Loan Program. Receiving the award for GBC International Bank … This year, it included sessions on SBA’s Export Loan Programs results and impact, an economic outlook … -
LA 14811-03 SBA to Open Five Additional Business Recovery Centers to Help Businesses Impacted by Severe Storms and Flooding
https://www.sba.gov/article/2016/aug/19/la-14811-03-sba-open-five-additional-business-recovery-centers-help-businesses-impacted-severe… with each business owner to explain how an SBA disaster loan can help finance their recovery. “They will answer questions about SBA’s disaster loan program, explain the application process and help each business owner complete … -
SBA to Open Business Recovery Center in Greenfield to Help Businesses Impacted by Severe Storms, Tornadoes and Flooding
https://www.sba.gov/article/2024/05/26/sba-open-business-recovery-center-greenfield-help-businesses-impacted-severe-storms-tornadoes… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
SBA Adds More Counties to Disaster Declaration for Florida Private Non-Profit Organizations Affected by Hurricane Debby
https://www.sba.gov/article/2024/09/16/sba-adds-more-counties-disaster-declaration-florida-private-non-profit-organizations-affected… terms up to 30 years. Applicants may be eligible for a loan amount increase of up to 20 percent of their physical … or whether the PNP should be referred to SBA for disaster loan assistance. For information and to apply online visit … -
SBA to Open Business Recovery Center in Claremore to Help Businesses Impacted by Severe Storms, Straight line Winds, Tornadoes and Flooding
https://www.sba.gov/article/2024/06/18/sba-open-business-recovery-center-claremore-help-businesses-impacted-severe-storms-straight-line… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
SBA to Open Business Recovery Centers in Gonzales and Donaldsonville to Help Businesses Impacted by Hurricane Francine
https://www.sba.gov/article/2024/09/23/sba-open-business-recovery-centers-gonzales-donaldsonville-help-businesses-impacted-hurricane… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
SBA’s Awarding of Small Business Lending Company Licenses
https://www.sba.gov/document/report-25-08-sbas-awarding-small-business-lending-company-licenses… new SBLCs and lifted the moratorium in 2023, opening the application period for three new SBLC licenses. The three … an evaluation of qualitative factors required in the SBLC application and a comprehensive assessment of other factors … lender service providers previously sanctioned by SBA. The application evaluation process also included reviews by … -
SBA Announces Fiscal Year 2019 TOP Lenders for North Florida
https://www.sba.gov/article/2020/feb/03/sba-announces-fiscal-year-2019-top-lenders-north-florida -
SBA is Recipe for Success
https://www.sba.gov/success-story/sba-recipe-success… a brick-and-mortar location. Ms. Chavez applied for an SBA loan to open her first location which had four tables and … SBA loans have helped her in different ways. Her start-up loan helped her get her foot in the door and purchase the necessary equipment to open her business. The PPP loan helped her to recover all of her lost inventory. The … -
7(a) Working Capital Pilot (WCP) Program Guide
https://www.sba.gov/document/support-7a-working-capital-pilot-wcp-program-guide… (WCP) program. Support SBA Lenders must also follow the loan program requirements applicable to the 7(a) loan program, including but not limited to the regulations at … programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs SOP 50 56 1 Lender participation requirements … -
Audit of SBA’s Desktop Loss Verification Process
https://www.sba.gov/document/report-19-23-audit-sbas-desktop-loss-verification-process… SBA meeting its timeliness goals for processing disaster loan applications for Hurricanes Harvey, Irma, and Maria. … and repair and replacement costs prior to disbursing loan funds. Further, SBA inappropriately relied on FEMA … and losses reported in the initial loss verification; and loan files did not contain sufficient documentation to … -
SBA Adjust Operating Hours at Anne Arundel County Business Recovery Center
https://www.sba.gov/article/2024/04/26/sba-adjust-operating-hours-anne-arundel-county-business-recovery-center… will assist business owners in completing their disaster loan applications, accept documents, and provide status on loan applications. The Centers will operate as indicated … -
Independent Auditors’ Report on SBA’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019
https://www.sba.gov/document/report-23-07-independent-auditors-report-sbas-fiscal-year-2022-compliance-payment… loans in the 7(a) and 504 Certified Development Company loan guaranty programs under the debt relief assistance … Loans (COVID-19 EIDL), and Economic Injury Disaster Loan Targeted Advance programs and activities. SBA did not demonstrate improvements to payment integrity for 7(a) loan guaranty purchases because the improper payment estimate … -
SBA to Open Business Recovery Center in Minden to Help Businesses Impacted by Severe Storms and Tornadoes
https://www.sba.gov/article/2024/05/17/sba-open-business-recovery-center-minden-help-businesses-impacted-severe-storms-tornadoes… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
Hop City Craft Beer & Wine
https://www.sba.gov/success-stories/hop-city-craft-beer-wine… of a previous auto repair business but still needed a bank loan. What challenge did you have? “We thought of Atlanta as … the sale of the auto repair shop but also needed a bank loan. That proved to be very difficult. They kept telling me … up going to 32 different banks before finally getting a loan from a private bank that was opening a branch in …