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… said Smoots. The SBA’s Paycheck Protection Program (PPP) funding also helped keep the company’s 100 employees paid during the turbulent year. “The PPP funding allowed us to maintain our staff, invest in the …
… Business Access to Capital Study, 20% of small business loans are denied due to business credit. In the first 6 … while 75 percent of young firms’ funds come from bank loans and business credit. Dun & Bradstreet states 90% of the …
… with the help of SCORE; they utilized SBA 7(a) and 504 loans to start, grow, and expand; and they utilized disaster … offered through the Paycheck Protection Program (PPP) and Covid Economic Injury Disaster Loan (EIDL) to …
… she could predict. As soon as the Economic Injury Disaster Loans (EIDL) and the Paycheck Protection Program (PPP) were made available through the SBA, DeLynne was quick … construction projects and bottoming out oil prices. The PPP allowed DeLynne to continue to pay her employees and keep …
… As part of its lending model, FINANTA has made 648 loans ranging from $600 - $20,000 since it established this model. Ninety-seven percent of these loans were directed to minority borrowers with economic … businesses, individuals and families with more than 1,000 loans totaling more than $44 million as of the end of 2015. …
… they need to start, grow, and expand. SBA-guaranteed loans come with competitive terms, lower down payments, and … Whether it is writing a business plan, applying for loans, or even buying an existing business, SBA resource …
… With district office support, Jonathan applied for SBA loans , namely the Paycheck Protection Program and EIDL loans, to help navigate the business remain stable and viable …