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How the SBA Is Helping Women Entrepreneurs Level the Playing Field
… co-sign if they were interested in applying for a business loan. Fast forward 35 years, and women-owned businesses … Community Navigators across the country, each offering no- or low-cost services to those who seek them. For women … small businesses through the SBA’s 7(a) and 504 loan programs over the past two fiscal years? Not only do … -
Celebrating Black History Month: SBA Programs and Resources
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Veteran contracting assistance programs
… any NAICS code listed in the business’s SAM profile. Have no less than 51% of the business owned and controlled by one or more veterans. For certification as a SDVOSB, have no less than 51% of the business owned and controlled by one … non-business use is prohibited) Will not sell, transfer, loan, lease, encumber or otherwise dispose of the property … -
The SBA Celebrates and Empowers Black-Owned Businesses this Black History Month
… loans. Do you find yourself unable to obtain a business loan with reasonable rates and terms despite being … -
Colorado Springs Funeral Home Operator Sentenced in Gruesome Fraud Scheme
… Business Administration (SBA) through fraudulent COVID-19 loan applications. According to the plea agreement, from as … Carie Hallford, conspired to defraud the SBA by submitting loan applications containing false information to obtain … with the remains of their loved ones. In return, he had no regard whatsoever for the dignity and respect they … -
SBA Business Recovery Center in Rumford Changes Operating Hours
… Center will assist business owners complete their disaster loan application, accept documents for existing applications, … -
Angelene Ripley Wright Named 2024 Oklahoma Small Business Person of the Year
… the Tulsa area. Wright purchased the business with an SBA loan and was helped through the COVID-19 pandemic with two PPP loans and a COVID-19 EIDL loan. She has doubled the employee count since buying the … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
… they purchased their business location with an SBA 504 loan. The COVID-19 pandemic resulted in a large setback to … pursuing their dream of expansion, and their second 504 loan enabled this. The SBA 504 loan allowed them to purchase a former, vacant Safeway … -
Hurricane Idalia – Initial Disaster Assistance and Recovery Response
… initial response to Hurricane Idalia, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to … Additionally, SBA was responsive to the increase in loan applications that resulted from the hurricane. Residents … -
FRIDAY: SBA Deputy Administrator Visits with Business Owners Affected by the Francis Scott Key Bridge Collapse and Tours Business Recovery Center
… to assist business owners in completing their disaster loan applications, accept documents, and provide status on loan applications. Friday, April 19 Tour of Business … -
Readout of SBA Roundtable Celebrating AANHPI Heritage Month
… with total loans increasing by 44% and total loan dollars increasing by 36%. Since President Biden took … -
SBA Temporary Disaster Office in South Carolina to Close in Observance of Juneteenth National Holiday
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SBA Business Recovery Center in Leominster, Massachusetts Permanently Closing
… questions, assist business owners complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Business Recovery Center in Leon County, Florida Permanently Closing
… questions, assist applicants complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
Extension and Revision of COVID-EIDL Servicing and Liquidation Policy
… 2024 Activity Liquidation Servicing SOP 50 52 2 Disaster Loan Servicing and Liquidation Remove download button Off … … -
SBA 2024 Capital Impact Report
… of the portfolio was driven by dramatic growth in the 7(a) Loan Program’s smallest loans—those under $150,000—as well as … -
From One to 14 Bowling Centers with SBA Financing
… center, L&S was approved for a $1.6 million SBA guaranteed loan from Columbia State Bank in 2009. To purchase additional … was approved for six additional loans under the SBA 504 Loan Program. L&S started with one bowling center in 2000 and … -
Stacy & Adam Stevens Took the Entrepreneurial Leap Together: This Time it’s Her Turn
… we, or could we”, to “how do we”. That’s where the SBA loan products came into play and helped their vision become a … business. Through the support of an SBA 7(a) loan, in early 2023, Stacy and Adam became the proud owners … Inc. Then in late 2023, they closed on an SBA 504 loan through Pursuit CDC to purchase all the property … -
Sun Dragon Art & Fiber
… research online she discovered the SBA Community Advantage loan. Within weeks she was approved for a $50,000 loan through the Asheville, North Carolina based Mountain … purchases were developed. “Without the help of this loan I would not be in business,” said Smith. “It is the …