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SBA Brings Hope and Help by Opening a Business Recovery Center in Oak Forest
… SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … private nonprofit organizations with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
Follow-up Inspection of SBA’s Internal Controls to Prevent COVID-19 EIDLs to Ineligible Applicants
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Veteran trades Civil Service for Health Food with SBA Financing and SBDC counseling
… health food. They knew they needed a small business loan and so they reached out to the Small Business … with their business plan, financial statements, and SBA loan application. This trifecta of support allowed the … sites being built now. The SBA’s small business loan, and the SBDC’s counseling services not only allowed … -
Supporting Entrepreneurs & Workers with Disabilities
… of the U.S. Small Business Administration (SBA), it is my mission to ensure the federal government’s resources are … “being an entrepreneur is something that I can work around my disability. I don’t have to fit every single mold. As a … efforts in history. Alex received a forgivable PPP loan to help keep her school open and her 75 staff on … -
Spokane Dermatologist Agrees to Pay $1.4 Million to Resolve Claims of Fraudulently Obtaining COVID-19 Funds
… businesses. One such program, the Economic Injury Disaster Loan (EIDL) program, provided low interest loans that could … -
SBA Business Recovery Centers to Temporarily Close in Observance of Independence Day Holiday
… questions, assist business owners complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Administrator Guzman Travels to Iowa to Survey Disaster Recovery Efforts and Visit Small Businesses
… and Swanson about their experiences with the SBA’s loan application process and the impact these resources have … -
SBA Administrator Loeffler Issues Memo on Day One Priorities
… SBA Administrator Loeffler said. “That changes today. My first priority is rebuilding the SBA into an America First … those affected by disaster. Cracking down on fraud: SBA’s loan programs should be a powerful tool for empowering small … so too have delinquencies, defaults, and charge-offs on loan programs, exacerbated by the previous Administration’s … -
Buy an existing business or franchise
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Veteran-owned Aeroforce Logistics Powered by Several SBA Programs
… and Women’s Business Center. The day they signed the loan papers for a $50,000 microloan, they were awarded a … them pack the boxes to meet the contract terms. The loan was paid back within six months. In 2020, they continued to finance growth with an Express loan of $150,000 through Pyramax Bank, and they also received … -
Write your business plan
… If you have other collateral you could put against a loan, make sure to list it now. Provide a prospective … -
SBA Approves Governor Newsom’s Disaster Declaration for State-Sanctioned Crisis in Los Angeles
… immediately approved an SBA Economic Injury Disaster Loan (EIDL) declaration, enabling small businesses to apply … Impacted individuals seeking to obtain an EIDL loan may visit sba.gov/disaster . # # # About the U.S. … -
Recycling Waste into Sustainable Manufacturing Solutions
… for next year with the help of our seventh SBA 504 loan. We’re expanding our Indiana facility by 45,000 sq ft, … the SBA for access to capital, taking advantage of several loan programs, including the 504, for over $11 M. Roseri also … us.” For more information on SBA resources and the 504 Loan Program, visit www.sba.gov/in . … Recycling Waste into … -
Setting sights on a state-of-the-art dream
… to expand and thought about building an addition at my previous store, but I knew if I wanted it done right, I … Corporation to secure a Small Business Administration 504 loan. The 504 Loan Program provides long-term, fixed rate … has and wants, but I didn’t think I’d end up here. I grew my business by selling three guns and then I’d buy four. I’d … -
The State of Women in Business
… planning Business management Marketing How to navigate the loan process Opportunities for selling to the government And … help women business owners explore the range of government loan programs offered through SBA. Check out SBA’s Directory … Local SBA offices can also provide information on SBA loan programs, the application process and participating … -
SBA helps socially disadvantaged business do business with the federal government
… Trilogy was able to secure a Paycheck Protection Program loan from First United Bank & Trust. The PPP loan removed the burden of worrying what the future held … Trilogy to retain all their employees. Trilogy’s PPP loan was fully forgiven in July of 2021. While growing their … -
Dandelion Cafe
… difficult to access funding due to collateral and minimum loan requirements, especially as an applicant from the … who helped her access the collateral she needed to get a loan. Through a combination of financing, credit cards, and … to access funding through the SBA Economic Injury Disaster Loan program and the Paycheck Protection Program to recover … -
Creating A Savings Account For Your Business
… substantial profit. You likely will be servicing the loan before you see any revenue from the project, requiring you to use other funds to repay the loan. Access to capital. It's not always easy, or quick, to … immediate action that you could miss while waiting for a loan to close. If you have your own savings fund, you can use … -
READOUT: U.S. Senator Ben Cardin Joins SBA Administrator Isabella Casillas Guzman and Small Business Owners for a Webinar on Economic Aid and Recovery in the Mid-Atlantic Region
… SBA updates on the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). COVID-19 EIDL is a borrower-friendly small business loan program to help small business owners, self-employed gig … https://www.sba.gov/federal-contracting . COVID EIDL Loan FAQs: COVID EIDL Loans: Frequently Asked Questions, …