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SBA Administrator Isabella Casillas Guzman visits Chicago
… through the Paycheck Protection Program (PPP) and the 7(a) loan program. The group toured the manufacturing facility, … owner Chef Alfonso Sotelo. 5 Rabanitos received a PPP loan, which helped him to keep the restaurant open despite … -
Market research and competitive analysis
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10 Stats That Explain Why Business Credit is Important for Small Business
… for those with a lower score to get a small business loan according to Small Business by Demand Media 2015. The average business needs 12-18 months to improve its business … -
SBA Was There Every Step of the Way for MDS Manufacturing, LLC
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Know the import and export laws and regulations
… for express shipments valued at or below a fixed amount set out under the law, provided that the shipment does … -
SBA Recognizes Export Lenders BB&T, First American Bank and World Trade Finance Inc.
… An early champion of the SBA’s Export Working Capital Loan program, World Trade Finance since 1997 has made 162 of … -
A Filipino Woman-Owned Business Invites Conversation about Heritage Through Food with Help from SBA Financing
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Founder of Lender Service Provider Pleads Guilty for Role in PPP Fraud Scheme
… conspired with others to submit false and fraudulent PPP loan applications, including by fabricating documents that … falsified income and payroll figures in order to receive loan funds for which they were not eligible. Reis co-founded … Reis and his co-conspirators submitted fraudulent PPP loan applications they knew contained materially false … -
Second Colorado Springs Funeral Home Operator Pleads Guilty to Scheme to Defraud Grieving Families and COVID-19 Relief Program
… Business Administration (SBA) through fraudulent COVID-19 loan applications. Jon Hallford was sentenced in June to 240 … and her husband conspired to defraud the SBA by submitting loan applications containing false information to obtain … funds were obtained through the Economic Injury Disaster Loan (EIDL) program, which was established to provide … -
International Food Competitors Grow Exports with SBA STEP Support
… 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 loan. Impact Due to their participation in WEDC and SBA … -
Mary Lyn Baker of DH Casters Rolls with Her Customers
… in advance of sales. Mary Lyn tapped into the SBA’s 7(a) loan program to bridge the gap, and the loan provided the cash needed to purchase more inventory and … helped Mary Lyn with the COVID-19 Economic Injury Disaster Loan (EIDL) process. DH Casters received loans through both … -
Register your business
… of formation. Each state charges a filing fee, but the amount varies by state and business structure. Check with … -
Interpreting Success
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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 … small businesses through the SBA’s 7(a) and 504 loan programs over the past two fiscal years? Not only do … -
SBA helps entrepreneurs sprout small businesses from farmers’ market roots
… counseled or mentored 1.4 million clients and provided loan guarantees of about $30 billion. Microloans reached an all-time high of $69.3 million, with average loan of $14, 000 and 47% going to women-owned small business. … -
Celebrating Black History Month: SBA Programs and Resources
… exist. SBA-Guaranteed Loans: Reducing lender risk, SBA loan programs — 7(a), 504, microloans, and more — are … your needs, get matched, talk to lenders, and apply for a loan — all in a matter of days. Small Business Investment … -
Veteran contracting assistance programs
… non-business use is prohibited) Will not sell, transfer, loan, lease, encumber or otherwise dispose of the property … -
But Why Buy, Create Your Own Franchise!
… employee in those businesses – compared with the industry average. But Ruth… Sitting in a counseling session at 125 … and Northern Bank, Ruth received a small 7(a) guaranteed loan first to start the business and later received a larger 7(a) loan to expand into franchising. Prior to getting approved … -
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 …