ROM 10-02 – Review of the Recovery Act’s Impact on SBA Lending
… is provided in Appendix I. The results below exclude loans not funded by the Recovery Act. These loans accounted fo r4.1 percent of 7(a) loan approvals, the …
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https://www.sba.gov/document/report-rom-10-02-rom-10-02-review-recovery-acts-impact-sba-lending
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SBA Closing Business Recovery Center in Observance of Presidents’ Day
https://www.sba.gov/article/2024/02/15/sba-closing-business-recovery-center-observance-presidents-day… opened the Center to assist businesses applying for SBA disaster loans for the severe storms, flooding and tornadoes that … Day Applicants may apply online and receive additional disaster assistance information at sba.gov/disaster . … -
SBA Celebrates The Cookie Element Grand Opening at Ribbon Cutting Ceremony
https://www.sba.gov/article/2016/mar/24/sba-celebrates-cookie-element-grand-opening-ribbon-cutting-ceremony -
Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on the Success of the Paycheck Protection Program
https://www.sba.gov/article/2020/may/04/joint-statement-administrator-jovita-carranza-secretary-steven-t-mnuchin-success-paycheck-protection… 2 of PPP loan processing began on April 27, 2.2 million loans have been made to small businesses which surpasses the number of all loans made in PPP Round 1. The total value of these 2.2 million loans is over $175 billion. Notably, the average loan size … -
SBA Administrator Guzman Opens Application Window for Lenders Filling Gaps in Credit Markets
https://www.sba.gov/article/2024/09/10/sba-administrator-guzman-opens-application-window-lenders-filling-gaps-credit-markets… in small business lending, including small-dollar lending, loans to underserved populations, and green lending . “The … Lending Companies (CA SBLCs) and make small business 7(a) loans with SBA backing. Leveraging the SBA’s 7(a) loan … expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … -
SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19
https://www.sba.gov/article/2021/apr/23/sba-launches-supplemental-targeted-advance-small-businesses-hardest-hit-covid-19… Administration launched a new round of Economic Injury Disaster Loan (EIDL) assistance – called Supplemental … 12 that the agency would extend deferment periods for all disaster loans, including COVID-19 EIDLs, until 2022 to provide more … -
SBA Announces Fiscal Year 2019 TOP Lenders for North Florida
https://www.sba.gov/article/2020/feb/03/sba-announces-fiscal-year-2019-top-lenders-north-florida… Dollar Amount Suntrust Bank Top 7(a) Lender by Number of Loans TD Bank Top Certified Development Company by Dollar Amount & Number of Loans Florida First Capital Finance Corporation Top 1st … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … -
Prepare Your Small Business for Hurricane Season
https://www.sba.gov/blog/prepare-your-small-business-hurricane-season… drains and discard to prevent drainage problems. Apply for disaster assistance if needed. Check disasterloan.sba.gov to see if a disaster has been declared in your area. Then, create an … partners can also help businesses apply for disaster loans and provide guidance on how to get up and running after … -
The SBA Salutes the Resilient Small Business Community this National Entrepreneurship Week
https://www.sba.gov/blog/sba-salutes-resilient-small-business-community-national-entrepreneurship-week… a variety of small business needs. These programs include: Disaster assistance loans : When disasters strike, the SBA stands ready to help businesses rebuild and recover. Once a disaster is declared, SBA disaster loans cover physical … -
Prepare Your Small Business for Winter Storms
https://www.sba.gov/blog/prepare-your-small-business-winter-storms… Not all insurance policies cover every type of weather disaster, so it is crucial to know what your business … on how to best protect your assets. Add to your business’s disaster supply kit. Make sure your disaster supply kit includes items like rock salt to melt ice … -
Inspection of SBA's Implementation of the Paycheck Protection Program
https://www.sba.gov/document/report-21-07-inspection-sbas-implementation-paycheck-protection-program… a PPP loan. As a result, there is limited assurance that loans went to only eligible recipients. We found aspects of … program and reduce the risk of financial loss from PPP loans being made to ineligible or fraudulent borrowers and … of the recommendation. Management plans to review the loans identified in the report as potentially ineligible and … -
SBA Administrator Carranza Applauds President’s Efforts to Reduce Public Health Barriers and Protect America’s Small Businesses
https://www.sba.gov/article/2020/mar/14/sba-administrator-carranza-applauds-presidents-efforts-reduce-public-health-barriers-protect… to make up to $2 million in targeted, low-interest disaster recovery loans available to any small business enterprise that has … severely impacted by the situation.” SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for a … -
Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
https://www.sba.gov/article/2018/may/14/victors-over-catastrophe-honored-sbas-2018-phoenix-award… selflessness, ingenuity and tenacity in the aftermath of a disaster, while contributing to the rebuilding of their … the 2018 Phoenix Award for Outstanding Small Business Disaster Recovery. Forest Lake was ground zero for a … employees on the payroll. The couple received an SBA disaster loan for $735,000, which they used to rebuild the … -
Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
https://www.sba.gov/article/2018/apr/25/victors-over-catastrophe-honored-sbas-2018-phoenix-award… selflessness, ingenuity and tenacity in the aftermath of a disaster, while contributing to the rebuilding of their … the 2018 Phoenix Award for Outstanding Small Business Disaster Recovery. Forest Lake was ground zero for a monster … seven employees on the payroll. The couple received an SBA disaster loan for $735,000, which they used to rebuild the … -
Natalie Meeks – From Surviving to Thriving!
https://www.sba.gov/success-story/natalie-meeks-surviving-thriving… much needed skills, gained her the security of an SBA disaster assistance loan first and foremost. She then went on … rough and unknown waters during COVID with EIDL and PPP loans. I am eternally grateful for the opportunities this … -
WI 15756 - SBA Business Recovery Centers Closed in Honor of National Day of Mourning for President George H. W. Bush
https://www.sba.gov/article/2018/dec/06/wi-15756-sba-business-recovery-centers-closed-honor-national-day-mourning-president-george-h-w-bush… and Sundays Additional details on the locations of Disaster Recovery Centers and the loan application process … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … and Sundays Additional details on the locations of Disaster Recovery Centers and the loan application process … -
Members of the Military: Let SBA Serve You on Your Entrepreneurship Mission
https://www.sba.gov/blog/members-military-let-sba-serve-you-your-entrepreneurship-mission… lender. Find a VBOC or other resource partner near you . Disaster Assistance The SBA is also here for business owners … impacts of the pandemic. and we’re continuing to offer disaster relief options to help. The Paycheck Protection … with help from the PPP. The SBA is currently offering PPP loans originated only by participating community financial … -
GA 15744 - SBA Business Recovery Centers Closed in Honor of National Day of Mourning for President George H. W. Bush
https://www.sba.gov/article/2018/dec/06/ga-15744-sba-business-recovery-centers-closed-honor-national-day-mourning-president-george-h-w-bush… and Sundays Additional details on the locations of Disaster Recovery Centers and the loan application process … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network … and Sundays Additional details on the locations of Disaster Recovery Centers and the loan application process … -
Prepare Your Business for Hurricane Season at Webinar
https://www.sba.gov/article/2020/may/26/prepare-your-business-hurricane-season-webinar… continuity planning Having adequate insurance coverage SBA disaster assistance Advance preparation is key to protecting … Communication and Coordination, SBA Office of Disaster Assistance WHEN: June 9, 2020 -- 2 … following a declared disaster in the form of low-interest loans to homeowners, renters, private nonprofits and … -
SBA and Treasury Announce Enhanced Transparency Regarding the Paycheck Protection Program
https://www.sba.gov/article/2020/jun/22/sba-treasury-announce-enhanced-transparency-regarding-paycheck-protection-program… for nearly 75 percent of the loan dollars approved. For loans below $150,000, totals will be released, aggregated by … dollars approved, loan sizes, lender sizes and types, loans approved by state, top lenders, loans by industry … or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network …