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… 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 …
… 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 …
… experiences as lenders in the Paycheck Protection Program (PPP), including their work to serve small businesses in low- … the MDIs for their continued efforts in ensuring that PPP funds reach all communities in need. As of July 24, … MDIs had participated in the PPP, approving over 120,000 loans for more than $10 billion. About the U.S. Small …
… 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 …
… 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 …
… Coronavirus Crisis report on Paycheck Protection Program (PPP) fraud. “The House Select Subcommittee report details … and by companies who were paid fees by lenders to help PPP funds reach small business owners. In response to new … Blueacorn and Womply, companies that worked with PPP lenders, from working with the SBA in any capacity. The …