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SBA Adds More Counties to Disaster Declaration for Florida Private Non-Profit Organizations Affected by Hurricane Debby
… terms up to 30 years. Applicants may be eligible for a loan amount increase of up to 20 percent of their physical … or whether the PNP should be referred to SBA for disaster loan assistance. For information and to apply online visit … -
SBA to Open Business Recovery Center in Claremore to Help Businesses Impacted by Severe Storms, Straight line Winds, Tornadoes and Flooding
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SBA to Open Business Recovery Centers in Gonzales and Donaldsonville to Help Businesses Impacted by Hurricane Francine
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SBA’s Awarding of Small Business Lending Company Licenses
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SBA Announces Fiscal Year 2019 TOP Lenders for North Florida
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SBA is Recipe for Success
… a brick-and-mortar location. Ms. Chavez applied for an SBA loan to open her first location which had four tables and … SBA loans have helped her in different ways. Her start-up loan helped her get her foot in the door and purchase the necessary equipment to open her business. The PPP loan helped her to recover all of her lost inventory. The … -
7(a) Working Capital Pilot (WCP) Program Guide
… (WCP) program. Support SBA Lenders must also follow the loan program requirements applicable to the 7(a) loan program, including but not limited to the regulations at … programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs SOP 50 56 1 Lender participation requirements … -
Audit of SBA’s Desktop Loss Verification Process
… SBA meeting its timeliness goals for processing disaster loan applications for Hurricanes Harvey, Irma, and Maria. … and repair and replacement costs prior to disbursing loan funds. Further, SBA inappropriately relied on FEMA … and losses reported in the initial loss verification; and loan files did not contain sufficient documentation to … -
SBA Adjust Operating Hours at Anne Arundel County Business Recovery Center
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Independent Auditors’ Report on SBA’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019
… loans in the 7(a) and 504 Certified Development Company loan guaranty programs under the debt relief assistance … Loans (COVID-19 EIDL), and Economic Injury Disaster Loan Targeted Advance programs and activities. SBA did not demonstrate improvements to payment integrity for 7(a) loan guaranty purchases because the improper payment estimate … -
SBA to Open Business Recovery Center in Minden to Help Businesses Impacted by Severe Storms and Tornadoes
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Hop City Craft Beer & Wine
… of a previous auto repair business but still needed a bank loan. What challenge did you have? “We thought of Atlanta as … the sale of the auto repair shop but also needed a bank loan. That proved to be very difficult. They kept telling me … up going to 32 different banks before finally getting a loan from a private bank that was opening a branch in … -
Natalie Meeks – From Surviving to Thriving!
… In May 2015, as Ms. Meeks was in process of securing a 504 loan to reinvest and take ownership of her family’s business, … income was no longer feasible and to continue seeking the loan, she would have to improvise and recreate her business … gained her the security of an SBA disaster assistance loan first and foremost. She then went on to obtain a 504 … -
SBA to Open Business Recovery Center in Rogers to Help Businesses Impacted by Severe Storms, Straight line Winds, Tornadoes and Flooding
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SBA to Open Business Recovery Center in Sikeston to Help Businesses Impacted by Severe Storms, Straight line Winds, Tornadoes and Flooding
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SBA Announce Closure of the Community College Business Recovery Center; Opens New Location at the American Job Center
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SBA to Open Business Recovery Center in Ruidoso to Help Businesses Impacted by the South Fork Fire, Salt Fire and Flooding
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Administrator Guzman Announces Transformation of Customer Experience for Federal Contracting Certifications
… The SBA is also making policy changes to simplify the application process, aligning many requirements across … 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 … -
FACT SHEET: As Hurricane Season Approaches, the U.S. Small Business Administration Continues to Prioritize Equitably Supporting Impacted Communities Through Disaster Assistance, Mitigation, and Business Preparedness Efforts
… American Rescue Plan, the COVID Economic Injury Disaster Loan (EIDL) program and the Shuttered Venue Operators Grant … and one Military Reservist Economic Injury Disaster Loan declaration. As the Anchors of Our Communities, Small … and their Employees, and the SBA’s Disaster Relief Loan Programs Help Communities Recover Swiftly. Assisting …