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… they secured a crucial SBA COVID Economic Injury Disaster Loan (EIDL) to weather the financial storm caused by the … a Pennsylvania Industrial Development Authority (PIDA) loan to relocate from a 3,000 sq. ft. building to acquire a … future,” Spencer said. “I am grateful for the SBA pandemic loan programs that kept my employees on payroll and to SBA’s …
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How to Build Business Credit Quickly: 5 Simple Steps
… SBA’s Business Guide . Step 2 – Obtain a Federal Tax ID Number (EIN) You can apply for a federal tax ID for free using the IRS assistance tool . This is a nine-digit number assigned to your company which you will use for things … -
Head of the SBA Visits Small Businesses in Dallas, Texas And highlights the Role of Small Businesses in a Recovering Economy
… Pizza Tavern received a Paycheck Protection Program (PPP) Loan which was a lifeline to keeping Eno’s Pizza Tavern … to Dallas, Administrator Carranza visited another PPP loan recipient. On-Target Supplies & Logistics employs over … Protection Program The Paycheck Protection Program is a loan designed to provide a direct incentive for small … -
CA 15622-03 SBA Business Recovery Center to Close in Redding
… for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
SBA Announces Florida Business Recovery Centers Will Close on Sundays Beginning Nov. 20; Provides Thanksgiving Holiday Closure Information
… 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 … or sending an email to DisasterCustomerService@sba.gov . Loan applications can also be downloaded from … -
SBA Names California’s Equator Coffees & Teas 2016 National Small Business of the Year
… Brooke purchased their own roasting plant using an SBA 504 loan. They have worked diligently with their farmers for 17 … never lost her determination. She took a disaster recovery loan from the SBA and patiently awaited the return of paying … again. Her perseverance paid off in 2006 with a large number of new contracts. The Perez team has won multi-million … -
Credit inquiries: what you should know about hard and soft pulls
… However, when you decide to go “rate shopping” for an auto loan or mortgage there is a built-in allowance for interest … credit scoring models treat multiple inquiries for an auto loan or mortgage within a 30-day window as a single hard … for a short period of time. It’s important to avoid a high number of hard inquiries in a short period of time because … -
READOUT: Administrator Guzman Visits Rhode Island and Massachusetts to Highlight Buying American-Made and Historic Growth in New Small Businesses
… locally-produced products to our economy, and the record number of small business applications – a more than 30 … Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) loans to assist with their pandemic recovery. … Box to halt operations, Shedd was able to secure a PPP loan. The funding allowed Taylor Box to help pay its … -
A List of Expenses You’ll Have as a Franchise Owner
… If you’re like most people, you obtained a small business loan for a portion of your upfront costs when you purchased your franchise. That means you’ll have a monthly loan payment to add to your expense structure. The good news is that your loan payment won’t go on forever. As a result, when you’re … -
Philadelphia’s FINANTA Wins SBA’s Jody Raskind Award
… fourth highest ranking SBA Microlender in terms of both number and dollars of microloans closed. As part of its … -
HUBZone program
… Thursdays from 2:00 p.m. - 3:00 p.m. ET How Find a local number , or call 208-391-5817 and enter conference ID … -
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 … -
The SBA Looks to Help Hispanic-Owned Small Businesses Build on Their Historic Momentum
… Stanford Latino Entrepreneurship Initiative (SLEI), the number of Latino-owned businesses has grown 44% in the last … — was recently approved for a $1.2 million SBA 504 loan on her way to becoming Small Business Person of the Year … -
Is Starting a Business Your New Year’s Resolution? The SBA Can Help
… bank account: You’ll want to apply for a federal tax ID number, also known as an Employer Identification Number (EIN) , to open a bank account and pay taxes. It’s … have to calculate your startup costs . Once you have a number in mind, you can start requesting funding and … -
SBA Was There Every Step of the Way for MDS Manufacturing, LLC
… starting a small business. With the help of an SBA 7(a) loan, they purchased three injection molding machines and … needed to scale back to a maintainable pace. An SBA 504 loan helped purchase additional equipment and expand their … the pandemic. And…MDS is about to close on another SBA 504 loan to purchase a facility and move to Pacific, MO, so they … -
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 … -
Market research and competitive analysis
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A Filipino Woman-Owned Business Invites Conversation about Heritage Through Food with Help from SBA Financing
… NW, Amlag was able to obtain a $35,000 SBA guaranteed loan which she used to renovate her Ballard location, … Protection Program loans, and an Economic Injury Disaster Loan (EIDL). Unlocking access to capital was a turning point … -
Keeping Up with State Workplace Laws
… has a higher hourly rate, you must use the state’s rate. A number of states change their rates annually, through new … care of a spouse or family member. However, a growing number of states have their own laws on leave time. If state … off. Even if leave time is not paid, there are a growing number of states that mandate time off for certain purposes. … -
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 …