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Independent Auditors’ Report on SBA’s Fiscal Year 2022 Financial Statements
… the Paycheck Protection Program, Economic Injury Disaster Loan program, the Restaurant Revitalization Fund, and … and Prepayments Downward Reestimate Payable to Treasury Loan Guarantee Liabilities For the period ended September … -
Two People Sentenced for Stealing Nearly $300,000 in COVID-19 Relief Money
… expenses. Another program, the Economic Injury Disaster Loan (EIDL) program, provided low interest loans that could … -
Administrator Loeffler Applauds House Passage of “Save SBA from Sanctuary Cities Act”
… this year, the agency announced it would require SBA loan applications to include a citizenship verification … eligible applicants have access to taxpayer-funded SBA loan programs. # # # About the U.S. Small Business … -
Executive Transportation Drives through Crisis with SBA-backed Programs
… led him to be the first business his bank provided a PPP loan to. As soon as it received the PPP loan, Executive Transportation hired everyone back. Some … -
K Clean/Sweep-Rite
… Business certifications in July 2009, as well as a loan through LiftFund. K Clean/Sweep-Rite had struggled in the past with obtaining local funding, and the LiftFund loan was critical to the company’s expansion into being a … -
Tax Refund Fueled Her American Dream
… to invest in herself after receiving her $2,200 tax refund payment. There was nothing to lose after she left her job, … -
SBA Honors 2022 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… for nine months. An SBA $110,000 disaster business loan helped Brittany Moog rebuild Bitty Bubbles Swim School … instructors. An SBA COVID-19 Economic Injury Disaster Loan (EIDL) helped bridge the gap for expenses over the closedown from COVID-19 that the PPP loan did not cover and gave Bitty Bubbles to stay in … -
SBA Business Recovery Center in East Providence Will Remain Open to Jan. 26; Center Will Close for MLK DAY
… at the BRC to answer questions about the disaster loan program and help business owners complete their … -
May is World Trade Month
… businesses reach the global marketplace. The SBA’s export loan programs assist U.S. small businesses in accessing the … -
Independent Retailer Month Is a Great Time to Start a Business
… their risk and increasing the likelihood that your loan will be approved. Through Lender Match , the SBA … -
The Show Will Go On Thanks to Help from the SBA
… Draw Events received an Economic Injury Disaster Loan in August 2020, as well as an EIDL Advance. Those funds … We want to get back to making profits and the EIDL loan, a lifesaver in 2020, is helping us do that.” As we all … -
SBA Announces 11 New Members of Small Business Technology Coalition
… trainings, and others. Topics include online commerce and payment platforms, back-office operations support, … -
Nine2Five Overcomes Economic Obstacles with SBA Assistance to Win Franchisee of the Year 2022
… Program (PPP) and the Targeted Economic Injury Disaster Loan (EIDL) Advance. He applied for PPP at his local bank St. … to do honest business with a government agency. The PPP loan has been forgiven and compared with other forms and … -
SBA celebrates 66 years of powering the American Dream
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5 Mid-Year Tax Planning Strategies
… 2018. You don’t want to overpay, which is an interest-free loan to the government (recouped when you file for a refund), … -
Law School vs. Chef and Business Owner
… scale rapidly. Most recently, Chan has utilized an SBA 504 loan guarantee to build his new restaurant in another area of … to retain his employees; and an Economic Injury Disaster Loan (EIDL) from the SBA to keep his business operational. … -
SBA Administrator Kelly Loeffler Calls on California Governor Gavin Newsom to Request Disaster Declaration for Small Businesses Impacted by L.A. Riots
… Gavin Newsom to request an SBA Economic Injury Disaster Loan (EIDL) Declaration to authorize the agency to begin … -
International Construction Expert Puts Down Entrepreneurial Roots in Omaha, Nebraska
… resilience was obtaining an SBA Economic Injury Disaster Loan (EIDL) and two rounds of Paycheck Protection Program … for the economy from all aspects.” Coupled with the EIDL loan, Santo is confident that he “can turn this thing around … -
Readout of SBA Administrator Guzman’s Attendance at the 2023 White House Tribal Nations Summit at White House