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SBA Honors 2020 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses. He disposed of the … -
SBA Announces Its Florida Centers Will Close for MLK Day
… Centers to assist Floridians with applying for a disaster loan for losses from Hurricane Ian from Sept. 23 through Nov. … 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 … -
SBA Resource Days Target Your Neighborhoods
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and … -
DISCOVER THE SBA ADVANTAGE AT RESOURCE DAYS AT THE BANK
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … renovate business real estate or major equipment – SBA 504 Loan Program ; and Governmment contracting certifications and … -
SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond … -
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing
… and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
… of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending institutions … loans approved for $63 billion. The average overall PPP loan size is currently at less than $95,000. “Small … -
SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations
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504 Eligibility Checklist (non-PCLP)
… as part of the application package for Section 504 Loan and sends to: Sacramento Loan Processing Center, Small Business Administration, 6501 … -
Power of Attorney Agreement
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Audit Report 13-09: Management Letter - SBA's FY 2012 Financial Statement Audit
… of policies and procedures for the microloan program; (5) loan file documentation not retained in loan files; (6) untimely processing of Microloan transactions … pilot program disbursements; (7) untimely site visits for loan defaults; (8) untimely processing of charge-off loans; … -
Audit Report 15-06: Improvement is Needed in SBA’s Oversight of Lender Service Providers
… oversight of lender service providers (LSPs) as loan agents. LSPs are deeply involved in all phases of the loan life cycle, including originating, closing, servicing, … potential risks associated with LSP involvement in SBA loan programs. In addition, SBA did not adequately … -
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… differed from the original bank accounts listed on the loan applications; $62.7 billion ($58.0 billion disbursed) in … -
2023 Arkansas Veteran-Owned Small Business of the Year
… in the form of a forgivable Paycheck Protection Program loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing and renovating a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees and 4 … -
2023 Kentucky Small Business Week Winners
… South 8th Street. Flavorman has used the SBA 7(a) and 504 loan programs, as well as other SBA loans, to finance the … -
SBA Announces Closure of Business Recovery Centers in Florida
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SBA Obtains $256K Judgment Against Fraudulent Medico
… financial situation when applying for an SBA-guaranteed loan. The podiatrist, Dr. Anthony J. Enrico, Jr., later defaulted on that loan. The judgment, issued by Administrative Law Judge … found that when Enrico applied for an SBA-guaranteed loan from PNC bank, he failed to mention that CIT Financial … -
TX 15274 PSA-04 SBA IS STILL HIRING FOR HURRICANE HARVEY
… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … WILL BE PAID FOR HOURS IN EXCESS OF 40-HOURS PER WEEK. LOAN OFFICERS ARE NEEDED WITH EXPERIENCE EVALUATING FINANCIAL … -
TX 15274 PSA-01 SBA IS NOW HIRING FOR HURRICANE HARVEY
… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … will be paid for hours in excess of 40-hours per week. Loan Officers are needed with experience evaluating financial …