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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 … business,” explained Ortis. “Additionally, the PPP brought my marketing and control team back to find ways to pivot the … his industry are really struggling. “Thanks to the help, my staff is hyped up, they’re all still with me and this is a … -
K Clean/Sweep-Rite
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5 Ways to Enhance the Power of Your Business Credit Profile
… for your business to qualify for a line of credit or loan. The good news is the major business credit reporting … -
ICYMI: SBA Administrator Provides Maui Recovery and Relief Update in Interview with Hawaii News Now
… (DRCs) 3 Business Resource Centers (BRCs) 1 Portable Loan Outreach Center (PLC) 1 Joint Field Office/Interim … -
Robin Tucker Blankets the Area with Comfort and Careers
… need to obtain an SBA EIDL (Economic Impact Disaster Loan). To her surprise, Hunt answered the next day. “Dr. Hunt … mission is assisting others. “Six years ago, we were told my mother had balance issues, the onset of dementia and an … a nursing home or 24-hour care. We made her retire and my sister and I each took 12-hour shifts helping with … -
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 … -
SBA’s FY 2016 Compliance with the Improper Payments Elimination and Recovery Act
… rate that exceeded the 10 percent threshold; and 7(a) loan guaranty purchases did not meet their annual reduction … the effectiveness of improper payment controls over 7(a) loan guaranty purchases that SBA agreed to address. We … -
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 … -
READOUT: Administrator Guzman Joined Reps. Dwight Evans and Chrissy Houlahan in Philadelphia to Celebrate Black History Month and Highlight President Biden’s American Rescue Plan
… visited Community First Fund, an SBA Microlender and 7(a) Loan Guaranty Lender that provides loans, training, and … Fund (RRF), and COVID Economic Injury Disaster Loan (COVID EIDL) and used it to fund her payroll and for … -
Breathing New Life into Hidden Local Treasures
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SBA celebrates 66 years of powering the American Dream
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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. … in other government agencies it was easy. “The SBA is my favorite government office, it allowed my staff to keep going for 12 weeks, was just the boost I … -
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. …