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… was financially strong enough to buy the building. Three loans in three years fueled the rapid growth of Mammy’s … save the business and almost 50 jobs. Like with previous loans, she worked with Wilson & Muir Bank, an SBA lender. She …
… and more diverse set of credit-worthy businesses to access loans, and how their improved processes have accelerated … to provide a historic $34 billion in small business loans through their signature 7(a) and 504 loan programs. These loans have helped promote inclusive economic growth, with $5 …
… of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations … Panola, Sabine, and Shelby counties in Texas. These loans may be used to pay fixed debts, payroll, accounts … can’t be paid because of the disaster’s impact. Disaster loans can provide vital economic assistance to small …
… in underserved communities could access the forgivable PPP loans. As a result, nearly 70 percent of all PPP loans went to firms with fewer than 10 employees – an … Institutions to distribute nearly sixty-two thousand loans, totaling more than three and a half billion dollars. …
… and equipment, inventory, and other business assets. These loans cover losses that are not fully covered by insurance or … of any size, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the …