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From Servings One’s Country to Serving Homemade Diner Cuisine
… he graduated, Berke and wife Cailin obtained an SBA 7(a) loan from Ledyard Bank to purchase ‘Lou’s Restaurant & Bakery.’ Berke utilized the loan to purchase equipment and inventory. As a second phase, … Berke acquired the business real estate using an SBA 504 loan with the help of their lender and Granite State … -
MONDAY: SBA Administrator Will Visit Nashville, TN To Highlight Economic Recovery
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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 Transportation hired everyone back. Some … -
K Clean/Sweep-Rite
… Business certifications in July 2009, as well as a loan through LiftFund. K Clean/Sweep-Rite had struggled in the past with obtaining local funding, and the LiftFund loan was critical to the company’s expansion into being a … -
Report 12-13: Review of the SBA’s Fiscal Year 2011 Cash Gifts
… District Office used its prior year BAT Funds to pay for a Jobs Act “Listening Tour” event. We concluded that … of the original $10,000 gift should have been used to pay these travel expenses, we also noted that the OA did not … -
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 … -
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 … -
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
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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. … -
Lifelong Entrepreneur Makes the City Pretty with High-end Salon in Lincoln, NE
… the pandemic and was able to obtain a Paycheck Protection Loan. “The PPP was a life saver. We got in touch with a … Once we were able to open the doors we were able to pay for all the bills that were being deferred – we had a lot … limited on how many clients we could see in a day. The PPP loan was perfect for helping us shore up that income.” …