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Settlement Sheet (Use of Proceeds Certification)
… 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 … -
Annual Franchisor Certification
… General SOP 50 10 Lender and Development Company Loan Programs Remove download button Off … This document was … -
Audit Report 13-13: Evaluation of SBA’s Progress in Reducing Improper Payments in FY 2012
… FY 2011 assessment. Specifically, the Disaster Assistance Loan Program made progress through the deployment of improved … and 504 programs improved their testing procedures for loan guaranty approvals. The revised procedures were more … reporting requirements. However, the Disaster Assistance Loan program was not compliant because their improper payment … -
Essential Business uses Paycheck Protection Program to Bring Back Employees
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SBA Announces Christmas and New Year’s Day Holiday Closure of Business Recovery Centers
… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Announces the Closing of Business Recovery Centers Due to Inclement Weather Conditions
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SBA Business Recovery Center in Rhode Island Closed Tuesday Due to Inclement Weather
… Center can assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. SBA Business Recovery Center (BRC) … services. The filing deadline to return economic injury loan applications is Sept. 16, 2024. ### About the U.S. … -
The SBA issues a final rule to adopt increases to the alternative size standard for inflation and adjust limits for the Surety Bond Guarantee Program.
… 7(a) Business and Certified Development Company (CDC/504) Loan Programs (collectively “Business Loan Programs”), subject to a 34.46 percent adjustment for … size standards, will gain eligibility for SBA's Business Loan Programs for which they would not otherwise be eligible … -
Achieve Sports Center selected as Colorado 2024 Small Business Person(s) of the Year
… they purchased their business location with an SBA 504 loan. The COVID-19 pandemic resulted in a large setback to … pursuing their dream of expansion, and their second 504 loan enabled this. The SBA 504 loan allowed them to purchase a former, vacant Safeway … -
Hurricane Idalia – Initial Disaster Assistance and Recovery Response
… initial response to Hurricane Idalia, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to … Additionally, SBA was responsive to the increase in loan applications that resulted from the hurricane. Residents … -
Readout of SBA Roundtable Celebrating AANHPI Heritage Month
… with total loans increasing by 44% and total loan dollars increasing by 36%. Since President Biden took … -
SBA Temporary Disaster Office in South Carolina to Close in Observance of Juneteenth National Holiday
… (SBA) announced today it will close its Disaster Loan Outreach Center (DLOC)in South Carolina on Wednesday, … at the DLOC will assist applicants complete their disaster loan applications, accept documents for existing … Center’s hours of operation are listed below. Disaster Loan Outreach Center (DLOC) York County Pathways Community … -
SBA Business Recovery Center in Leominster, Massachusetts Permanently Closing
… questions, assist business owners complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Business Recovery Center in Leon County, Florida Permanently Closing
… questions, assist applicants complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
SBA 2024 Capital Impact Report
… of the portfolio was driven by dramatic growth in the 7(a) Loan Program’s smallest loans—those under $150,000—as well as … -
From One to 14 Bowling Centers with SBA Financing
… center, L&S was approved for a $1.6 million SBA guaranteed loan from Columbia State Bank in 2009. To purchase additional … was approved for six additional loans under the SBA 504 Loan Program. L&S started with one bowling center in 2000 and … -
Stacy & Adam Stevens Took the Entrepreneurial Leap Together: This Time it’s Her Turn
… we, or could we”, to “how do we”. That’s where the SBA loan products came into play and helped their vision become a … business. Through the support of an SBA 7(a) loan, in early 2023, Stacy and Adam became the proud owners … Inc. Then in late 2023, they closed on an SBA 504 loan through Pursuit CDC to purchase all the property … -
Sun Dragon Art & Fiber
… research online she discovered the SBA Community Advantage loan. Within weeks she was approved for a $50,000 loan through the Asheville, North Carolina based Mountain … purchases were developed. “Without the help of this loan I would not be in business,” said Smith. “It is the … -
Distributor Certification
… 7(a), CDC/504 SOP 50 10 Lender and Development Company Loan Programs Support SBA Franchise Directory Remove download …