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… times of over 45 minutes or dropped calls. Our review of loan volume and approvals for Hurricane Maria showed that by … be processed. SBA approved 40,246 of the 86,598 processed loan applications, totaling approximately $1.5 billion. Of … SBA’s processing times for Hurricane Maria disaster loan applications with a loan approval, denial, or withdrawal …
… of December 2017, SBA had accepted 110,464 Hurricane Irma loan applications. Of those, 105,257, or about 95 percent, … be processed. As of the end of December 2017, the combined loan applications remaining to be processed were 29,272 for … SBA’s processing time data for Hurricane Irma disaster loan applications with a loan approval or denial decision as …
… completing reconsideration requests for the SBA Disaster Loan Program. SBA’s Lee County BRCs are operating as … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … or Video Relay Services should call 800-621-3362. Disaster loan information and application forms can also be obtained …
… they secured a crucial SBA COVID Economic Injury Disaster Loan (EIDL) to weather the financial storm caused by the … DGI also obtained two SBA Paycheck Protection Program (PPP) loans to preserve and sustain DGI's operations. Spencer … a Pennsylvania Industrial Development Authority (PIDA) loan to relocate from a 3,000 sq. ft. building to acquire a …
… accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first …
… SBA, Grameen America will launch the Business Expansion Loan. Starting at $7,500, this loan product will assist those Grameen America borrowers who …
… SBA for help and received a Paycheck Protection Program (PPP) loan after the pandemic hit. Fox used PPP funds to help keep his business open and employees on …
… They found financing for the second half of their loan through an SBA 7(a) loan from University of Virginia Community Credit Union. The loan was disbursed in 2016 and the couple is close to fully …
… SBA-guaranteed financing from M&T Bank. SBA’s most common loan guaranty program is the 7(a) program. This is the best … on the SBA through the Paycheck Protection Program (PPP) that helped them keep their employees on payroll and … as they applied for SBA’s Paycheck Protection Program (PPP),” said Steve Stumbris, Director, Bucknell University …
… Successful Impact/Outcome The two SBA 7(a) loans and PPP allowed the company to stabilize and grow while creating … net worth. The two SBA loans are now paid in full and the PPP is forgiven. Oscarware has grown to 34 employees. Debra …
… days, the SBA will promulgate a new policy requiring SBA loan applications to include a citizenship verification … assistance. In June 2024, the agency approved a $783,000 loan application for a small business that was 49% owned by … the illegal status of the individual and halted the loan from being disbursed – ensuring that $0 was distributed …
… on the SBA through the Paycheck Protection Program (PPP) and COVID Economic Injury Disaster Loan (EIDL) that helped them keep their employees on payroll … our Lancaster SCORE Counselors, and of course, the SBA PPP and COVID EIDL loans which enabled our business to …
… 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 … at any Disaster Recovery Center in Louisiana. Disaster loan information and application forms are also available …