Search

… These improvements are also expected to reduce average processing times for WOSB and 8(a) applications by up … than 10,400 applications in its first year, and the MySBA Loan Portal, which millions of small business owners have … loans in one place. In the coming months, VetCert, the loan portal, and MySBA Certifications will integrate into one …

… small business economy. Just look at the data: A monthly average of 440,000 new business applications were filed … businesses has increased  70% since 2020 , with total loan dollars exceeding $5 billion in 2023 alone.  SBA loan programs , including  7(a) and  504 , have fueled these …

… 1 to assist business owners in completing their disaster loan applications, accept documents for existing applications, and provide status on loan applications. For follow-up interview requests for …

… planning, the two decided to apply for a 7(a) Guaranteed Loan.     “The SBA 7(a) Guaranteed loan was the catalyst that fueled the growth of our small … business,” Ashley Villarreal Fleeman said. “We received a loan for $100,000 and it provided the essential financial …

… family assistance recipients. What is the tax credit amount? The tax credit reduces your tax bill … of WOTC saves you $1 in taxes. The credit is based on the amount of wages paid to an eligible veteran in the first year …

… the loans they need. Get started securing an SBA-backed loan by using Lender Match , SBA’s free online referral …

… are yielding results, driving an increase of 47% in loan volume for loans under $150,000, reaching the long tail …

… applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan) to sustain the company. In 2023, Dawn was accepted into … counseling, business educational programs, assistance with loan applications, marketing ideas, pandemic recovery and …

… Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans …

… pandemic. The Paycheck Protection Program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program,” said SBA Buffalo District Director Franklin J. …

… a problem.   He applied for and received an SBA COVID EIDL loan and a small PPP loan in April 2020, enabling him to buy a delivery truck, pay … delivery and private events into 2021.  A Second Draw PPP loan helped to pay staff salaries and other expenses, keeping …

… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for …

… worth and net income that applies to SBA’s 7(a) and 504 loan programs.  The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, …

… West Virginia, started 36 years ago with an SBA guaranteed loan.  Ten years later, when the business was forced to … notified I was approved, and on April 21 I closed on the loan,” said Harris. “I feel like we have come full circle … our business with the SBA and now getting this PPP loan to sustain our business during this crisis.” … Local …

… Program (PPP) and the Targeted Economic Injury Disaster Loan (EIDL) Advance. He applied for PPP at his local bank St. … to do honest business with a government agency. The PPP loan has been forgiven and compared with other forms and … just the boost I needed to keep going and thriving. The amount of stress before receiving the assistance saved my …

… Brooke purchased their own roasting plant using an SBA 504 loan.  They have worked diligently with their farmers for 17 … never lost her determination. She took a disaster recovery loan from the SBA and patiently awaited the return of paying … Spirits Epicenter.  Dafoe has used an SBA-backed 7(a) loan and a separate 504 loan to move to its current HUBZone …

… offering a much easier debt to service compared to a loan. To give yourself extra padding to meet your company’s …

… applications on record, with entrepreneurs filing an average of over 440,000 applications every month – a rate …