SBA’s COVID-19 EIDL Program Data Migration Challenges
… and prosecute fraud relies on having continued access to loan and grant data, especially regarding evidential matter …
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https://www.sba.gov/document/report-22-16-sbas-covid-19-eidl-program-data-migration-challenges
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SBREA Final Rule
https://www.sba.gov/article/2019/12/10/sbrea-final-rule… This change does not currently apply to the SBA Business Loan and Disaster Loan Programs -- SBA intends to seek comment on these … -
Serious Concerns Regarding the Return of Paycheck Protection Program Funds
https://www.sba.gov/document/report-23-08-serious-concerns-regarding-return-paycheck-protection-program-funds… to borrowers on returning PPP funds to lenders if the loan was forgiven or guaranty purchased. Provide detailed … on their responsibilities for accepting PPP funds if the loan was forgiven, to include documenting reasons for the … -
Essential Business uses Paycheck Protection Program to Bring Back Employees
https://www.sba.gov/success-stories/essential-business-uses-paycheck-protection-program-bring-back-employees… of the PPP but was unable to find a bank to process the loan. When the second round of PPP funding was released Tony … where the staff was very helpful and able to close the loan for the small business. “Thanks to Andrew King at … Bank, we were able to get a Paycheck Protection Program loan to bring back two full-time employees, pay health … -
SBA Announces Christmas and New Year’s Day Holiday Closure of Business Recovery Centers
https://www.sba.gov/article/2023/12/22/sba-announces-christmas-new-years-day-holiday-closure-business-recovery-centers… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Announces the Closing of Business Recovery Centers Due to Inclement Weather Conditions
https://www.sba.gov/article/2024/01/09/sba-announces-closing-business-recovery-centers-due-inclement-weather-conditions… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Oak Forest Municipal Complex hours of … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Business Recovery Center in Rhode Island Closed Tuesday Due to Inclement Weather
https://www.sba.gov/article/2024/02/13/sba-business-recovery-center-rhode-island-closed-tuesday-due-inclement-weather-0… Center can assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. SBA Business Recovery Center (BRC) … services. The filing deadline to return economic injury loan applications is Sept. 16, 2024. ### About the U.S. … -
The SBA issues a final rule to adopt increases to the alternative size standard for inflation and adjust limits for the Surety Bond Guarantee Program.
https://www.sba.gov/article/2024/02/22/sba-issues-final-rule-adopt-increases-alternative-size-standard-inflation-adjust-limits-surety-bond… 7(a) Business and Certified Development Company (CDC/504) Loan Programs (collectively “Business Loan Programs”), subject to a 34.46 percent adjustment for … size standards, will gain eligibility for SBA's Business Loan Programs for which they would not otherwise be eligible … -
SBA Business Recovery Center in Rumford Changes Operating Hours
https://www.sba.gov/article/2024/02/23/sba-business-recovery-center-rumford-changes-operating-hours… Center will assist business owners complete their disaster loan application, accept documents for existing applications, … -
Angelene Ripley Wright Named 2024 Oklahoma Small Business Person of the Year
https://www.sba.gov/success-story/angelene-ripley-wright-named-2024-oklahoma-small-business-person-year… the Tulsa area. Wright purchased the business with an SBA loan and was helped through the COVID-19 pandemic with two PPP loans and a COVID-19 EIDL loan. She has doubled the employee count since buying the … -
5 Key Traits of Credit-savvy Business Owners
https://www.sba.gov/blog/5-key-traits-credit-savvy-business-owners… are installment loans and revolving credit. An installment loan provides a set amount of money loaned to your company to … -
How SBA Helps Native American Small Business Owners Succeed
https://www.sba.gov/blog/how-sba-helps-native-american-small-business-owners-succeed… you may consider applying for an Economic Injury Disaster Loan (EIDL). These loans can be used to pay fixed debts, … -
NC 15696 - New Hours for Business Recovery Center in Robeson County, NC
https://www.sba.gov/article/2018/sep/28/nc-15696-new-hours-business-recovery-center-robeson-county-nc -
Landmark Theater Navigates COVID-19's Impact, Triumphantly Announces 2021-2022 Season
https://www.sba.gov/success-story/landmark-theater-navigates-covid-19s-impact-triumphantly-announces-2021-2022-season… Paycheck Protection, COVID Economic Injury Disaster Loan, and Shuttered Venue Operators Grant Programs. Since its … the balance, The Grand turned to SBA’s Paycheck Protection loan program to keep its staff on the payroll and meet … pandemic. Indeed, the now-concluded Paycheck Protection loan program’s partially forgivable, low-interest funding … -
SBA Business Recovery Centers Close in Massachusetts for Independence Day; Bristol Business Recovery Center Closed Permanently After July 5
https://www.sba.gov/article/2024/07/02/sba-business-recovery-centers-close-massachusetts-independence-day-bristol-business-recovery-center… Centers will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
SBA Business Recovery Centers Close in Observance of Juneteenth, Update Hours of Operation
https://www.sba.gov/article/2024/06/13/sba-business-recovery-centers-close-observance-juneteenth-update-hours-operation… Centers will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
Minneapolis Jeweler Got Its Start and Has Grown with Help from the SBA
https://www.sba.gov/success-story/minneapolis-jeweler-got-its-start-and-has-grown-help-sba… to WomenVenture, an SBA microlender. Working with a loan officer who saw their vision and said, “I’m going to … quickly created a written business plan to get a start-up loan. In addition to start up help, New Gild has benefited … Protection Program and the Economic Injury Disaster Loan Advance. Those programs allowed them to weather the … -
SBA Microlender Helps the Clay Coyote Reinvent Itself
https://www.sba.gov/success-story/sba-microlender-helps-clay-coyote-reinvent-itself… can cook with on direct heat. Owner Morgan Baum has been a loan client of the Southwest Initiative Foundation, an SBA … She shared that she gets so much from them more than a loan, including help from financial experts, filing taxes and … Paycheck Protection Program, the Economic Injury Disaster Loan and Advance, and other federal funding provided by the … -
Readout of SBA Administrator Guzman’s Visit to Las Vegas with Vice President Harris, Second Gentleman Emhoff
https://www.sba.gov/article/2024/01/27/readout-sba-administrator-guzmans-visit-las-vegas-vice-president-harris-second-gentleman-emhoff… a forthcoming SBA rule that will remove restrictions on loan programs that currently prevent returning citizens, … will also remove questions about criminal history from its loan applications. Under the Biden-Harris Administration, … -
Georgia Couple Arrested For Stealing More Than $1.7 Million Dollars In COVID Relief Funds
https://www.sba.gov/article/2025/06/13/georgia-couple-arrested-stealing-more-17-million-dollars-covid-relief-funds… multiple false and fraudulent Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) loan applications. These programs were some of the sources of …