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SBA Honors 2022 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… months. Funding from the Paycheck Protection Program (PPP) was used to pay the swimming instructors. An SBA … gap for expenses over the closedown from COVID-19 that the PPP loan did not cover and gave Bitty Bubbles to stay in … -
VT Fitness Studio Bouncing Back After Pandemic
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The Best Kept Secret in Concord with the Best View of New Hampshire’s State House
… Fund (RRF), the Paycheck Protection Program Loan (PPP), and payment of their original start-up loan. Recently, … -
How the SBA Is Helping Women Entrepreneurs Level the Playing Field
… over the past two fiscal years? Not only do SBA-backed loans reduce lender risk, but they also come with competitive … down payments and flexible overhead requirements. SBA loans can be used to acquire, refinance, or improve real … -
Celebrating Black History Month: SBA Programs and Resources
… reasons why SBA funding programs exist. SBA-Guaranteed Loans: Reducing lender risk, SBA loan programs — 7(a), 504, … -
Veteran contracting assistance programs
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READOUT: Administrator Guzman Visits Small Businesses in New Orleans to Highlight the SBA’s Efforts to Promote an Equitable Recovery
… with funding from the Paycheck Protection Program (PPP). They used the assistance to cover payroll and … in New Orleans, LA. The restaurant received EIDL, RRF, and PPP funding during the height of the pandemic. SBA … Kern in New Orleans, LA. Mardi Gras World used the SBA’s PPP loan to maintain payroll and cover administrative … -
Childhood Accident Transforms Adversity Into Passion For Helping Others
… Protection Program loan. Srivastava says, “We got the PPP notification and it was like an angel sent to our small … continues on, but thanks to his determination and the PPP loan, Srivastava is back up to 70-75% of his normal … -
Lifelong Entrepreneur Makes the City Pretty with High-end Salon in Lincoln, NE
… and was able to obtain a Paycheck Protection Loan. “The PPP was a life saver. We got in touch with a really good … limited on how many clients we could see in a day. The PPP loan was perfect for helping us shore up that income.” … helpful throughout that process. Craig would go over the PPP process with me. He and I talked a lot about pivoting – … -
The SBA Celebrates and Empowers Black-Owned Businesses this Black History Month
… center’s help, Christopher was able to obtain disaster loans to keep Mama’s Southern Style BBQ II cooking. It was … and that is why we’ve established programs like SBA-backed loans. Do you find yourself unable to obtain a business loan … rates and terms despite being creditworthy? SBA-backed loans may be a good option for you. The SBA also offers grant … -
What are business plan events?
… credit. Most SBA loan programs, which guarantee bank loans made by local small business banks, require a formal … -
5 Key Traits of Credit-savvy Business Owners
… business credit, the two most common types are installment loans and revolving credit. An installment loan provides a … -
How SBA Helps Native American Small Business Owners Succeed
… offer a variety of financial resources like SBA-guaranteed loans that help small businesses grow in times of prosperity … for an Economic Injury Disaster Loan (EIDL). These loans can be used to pay fixed debts, payroll, accounts … -
Ohio Manufacturer Turns to SBA for Assistance During Challenging Economies
… once again to SBA, and received two Paycheck Protection Loans (PPP), through Waterford Bank, to keep its workforce employed … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
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Hurricane Idalia – Initial Disaster Assistance and Recovery Response
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FRIDAY: SBA Deputy Administrator Visits with Business Owners Affected by the Francis Scott Key Bridge Collapse and Tours Business Recovery Center
… has made low-interest, long-term Economic Injury Disaster Loans (EIDLs) available to affected business owners to help … -
Readout of SBA Roundtable Celebrating AANHPI Heritage Month
… and technology. After declining between 2017 and 2020, SBA loans to AANHPI-owned businesses are back on the rise under the Biden-Harris Administration, with total loans increasing by 44% and total loan dollars increasing by … -
SBA Temporary Disaster Office in South Carolina to Close in Observance of Juneteenth National Holiday