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SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
… partners to small businesses that cannot otherwise obtain loans. As Associate Administrator, Manger will be responsible … manage a $120 billion portfolio of direct and guaranteed loans, nine operation centers, and 560 employees of SBA’s … -
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing
… hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small businesses that are creating jobs and … for three consecutive years. SBA’s default rate on 7(a) loans is 1.47 percent, the lowest since we started tracking … most to access capital. During my time at SBA, 7(a) loans are up 47 percent to business owners who are women, 32 … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
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SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations
… SACRAMENTO, Calif. – Low-interest federal disaster loans are now available to certain private nonprofit … for assistance. These low-interest federal disaster loans are available in Boulder County. SBA may lend private … of any size, SBA offers Economic Injury Disaster Loans to help with meeting working capital needs caused by … -
504 Eligibility Checklist (non-PCLP)
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Power of Attorney Agreement
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Audit Report 13-09: Management Letter - SBA's FY 2012 Financial Statement Audit
… for loan defaults; (8) untimely processing of charge-off loans; (9) untimely post-purchase and charge-off reviews; … -
Audit Report 15-06: Improvement is Needed in SBA’s Oversight of Lender Service Providers
… closing, servicing, and liquidating SBA business loans. Since the number of LSPs and their agreements with … -
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… additional funding to provide Economic Injury Disaster Loans (EIDL) to small businesses nationwide impacted by the … resulted in billions of dollars in potentially fraudulent loans and loans to potentially ineligible businesses. Based on our … -
2023 Arkansas Veteran-Owned Small Business of the Year
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2023 Kentucky Small Business Week Winners
… the SBA 7(a) and 504 loan programs, as well as other SBA loans, to finance the company’s expansions throughout the … -
SBA Announces Closure of Business Recovery Centers in Florida
… times. The application deadline for physical disaster loans is Nov. 29. At the Business Recovery Centers, SBA’s … -
Maui Wildfires – Initial Disaster Assistance and Recovery Response
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SBA Closes Business Recovery Center in Jefferson County
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Fortune Favors Makes Sweet Success with Multiple SBA Products
… of necessity, with the team using SBA COVID EIDL and PPP loans to help manage the change. Growth has continued thanks … -
More Than $2.5 Million Recovered from Vancouver Real Estate Developer Convicted for Fraudulently Obtaining Covid-Relief Funds
… loan applications and obtained Economic Injury Disaster Loans (EIDLs) and Paycheck Protection Program (PPP) loans under false pretenses. In the applications, DeFrees … -
Suburban Chicago Man Sentenced to Nearly Six Years in Prison for Covid-Relief Fraud
… obtaining more than $550,000 in small business loans under the Coronavirus Aid, Relief, and Economic … lenders and the SBA to disburse more than $550,000 in loans to Scott. Scott and others used the loan proceeds on … -
Tampa Man Pleads Guilty to Stealing Over $500,000 In COVID Relief Funds
… applications, at the time Bradford was applying for the loans, he was excluded from receiving any federal contracts … -
Owner of Local Restaurant Pleads Guilty to Laundering COVID Funds