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… The SBA offers federal Economic Injury Disaster Loan (EIDL) to help eligible non-critical PNP organizations … working capital needs such as ongoing operating expenses. Loan amounts can be up to $2 million with an interest rate of … suffered any physical property damage. The SBA sets loan amounts and terms based on each applicant’s financial …
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Six expert hurricane season preparedness tips for your business
… on the task of reopening your business—and save their number in your cell phone. Maintain an updated list of all … -
SBA to Open Business Recovery Center in Crowley to Help Businesses Impacted by Severe or Extreme Drought
… accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
8(a) eligibility appeals
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Celebrating Hispanic entrepreneurs’ growth, resilience
… Protection Program (PPP) and the Economic Injury Disaster Loan program, we have delivered nearly three-quarters of a … small business is doing really well now, thanks to the PPP loan that allowed her to bring her six employees back to … -
SBA-authorized surety agents
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SBA to Open Business Recovery Center in Sulphur to Help Businesses Impacted by Severe Storms, Straight-line Winds, Tornadoes and Flooding
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
Vulnerability disclosure policy
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SBA Honors 2020 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses. He disposed of the … -
International Food Competitors Grow Exports with SBA STEP Support
… as their biggest challenge. “Luckily, there are a number of resources out there. I think people can find what … that's been very successful.” After getting a COVID EIDL loan and the Paycheck Protection Program loan during the pandemic, they’re now receiving an SBA 504 … -
SBA Announces Its Florida Centers Will Close for MLK Day
… Centers to assist Floridians with applying for a disaster loan for losses from Hurricane Ian from Sept. 23 through Nov. … 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 Resource Days Target Your Neighborhoods
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and … -
DISCOVER THE SBA ADVANTAGE AT RESOURCE DAYS AT THE BANK
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SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond … -
SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program
… borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility … their employees by more than 25%, and did not reduce the number or hours of their employees; OR Experienced reductions … of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
… of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending institutions … loans approved for $63 billion. The average overall PPP loan size is currently at less than $95,000. “Small … -
SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations
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Personal Financial Statement
… multiple SBA programs and certifications. SBA form 413 OMB Number 3245-0188 This form is used to assess repayment … -
Settlement Sheet (Use of Proceeds Certification)
… Sheet (Use of Proceeds Certification) SBA form 1050 OMB Number 3245-0200 The purpose of this form is to document and verify that loan proceeds were disbursed in accordance with the … into the business prior to the Lender disbursing any loan proceeds. This form is for use for all 7(a) loans and … -
Power of Attorney Agreement
… SBA form Submit this Grant of Authority to the Commercial Loan Service Center servicing your loan portfolio. Your completed Grant of Authority should … Related programs: CDC/504 Activity Servicing SOP 50 55 504 Loan Servicing and Liquidation Remove download button Off … …