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… renovate the dilapidated building. She recalled having her loan applications rejected several times, but she persisted, … able to secure an U.S. Small Business Administration (SBA) loan for a portion of funds. She recalled that it took a few … (ASBDC) Capital Access Program to finally secure SBA 504 loan. A few years later, with SBDC financial experts’ …
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Helping America’s Entrepreneurs Get Back to Business
… : Available through June 30, the PPP is an SBA-backed loan that helps small businesses and non-profits continue to … passed this month, has extended the covered period for loan forgiveness to 24 weeks after the loan disbursement and lowered the amount of loan proceeds … -
SBA to Open Virtual Business Recovery Center to Assist Hoopa Valley Tribe Businesses Affected by Severe Winter Storms and Mudslides
… business owners to answer questions about SBA’s disaster loan program, explain the application process and help each person complete their electronic loan application. Virtual Business Recovery Center Monday – … private nonprofit organizations with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
SBA Amends Disaster Declaration for Louisiana
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA Business Recovery Center in Lee County, Fla., Will Open an Hour Later Beginning Monday, March 6
… at the center to check the status of their disaster loan application, craft a reconsideration request, upload … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … or Video Relay Services should call 800-621-3362. Disaster loan information and application forms can also be obtained … -
SBA to Open Additional Business Recovery Center in Houston
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
Biden-Harris Administration Expands Access to Capital for Underserved Small Businesses Through Mission-Based Lenders
… closing longstanding capital gaps by expanding the number of lenders focused on underserved markets so these … Business Lending Company (CA-SBLC) licenses in the 7(a) Loan Program ensures that mission lenders, like CDFIs, can … approved in the last sixty days. The Community Advantage Loan Pilot Program – originally launched during the … -
SBA Extends Physical Damage Deadline for Minnesota Private Non-Profits; Adds Houston and Sibley Counties to Disaster Declaration
… 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 more information and to apply online … -
From United States Army First Lieutenant to Veterinarian; Small Business Owner
… Business Owner SBA-Backed Paycheck Protection Program Loan Keeps Doors Open; Retains Staff BUFFALO, NY – Mary Lee … together a solid business plan and obtain an SBA-backed loan through M&T bank. The process was seamless and stress … would be a great candidate to apply for this type of SBA loan package. To me, the strongest part of her application … -
SBA to Open Additional Business Recovery Center in New Caney
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
U.S. Small Business Administration and Department of Defense Celebrate Successful First Year for the Small Business Investment Company Critical Technology Initiative
… which established a new SBA government-guaranteed loan, the “Accrual Debenture” for private investment funds. … -
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SBA Amends Disaster Declaration for Washington
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA Disaster Assistance Available to Texas Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Grow Your Small Business Through Exporting
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Judge Convicts Great Falls Man of Wire Fraud and Money Laundering for Fraudulent Use of COVID Funds
… relief in the form of an Economic Injury and Disaster Loan (EIDL) from the Small Business Administration (SBA) in August 2020. Blair claimed in the loan application that his business has gross revenues of … and was on probation in 2020 when he applied for the EIDL loan. Relying on Blair’s representations, the SBA approved … -
SBA Recovery Centers in Hawaii Remain Open to Help Businesses and Residents Impacted by the Wildfires
… for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 18 months from the date of the first … -
SBA Disaster Assistance Available to North Dakota Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
Inspection of SBA's Initial Disaster Assistance Response to Hurricane Maria
… times of over 45 minutes or dropped calls. Our review of loan volume and approvals for Hurricane Maria showed that by … be processed. SBA approved 40,246 of the 86,598 processed loan applications, totaling approximately $1.5 billion. Of … SBA’s processing times for Hurricane Maria disaster loan applications with a loan approval, denial, or withdrawal … -
Inspection of SBA's Initial Disaster Assistance Response to Hurricane Irma
… of December 2017, SBA had accepted 110,464 Hurricane Irma loan applications. Of those, 105,257, or about 95 percent, … be processed. As of the end of December 2017, the combined loan applications remaining to be processed were 29,272 for … SBA’s processing time data for Hurricane Irma disaster loan applications with a loan approval or denial decision as …