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https://www.sba.gov/blog/creating-savings-account-your-business… Creating A Savings Account For Your Business May 12, 2016 "Save a part of your income and begin now, for the man with a … substantial profit. You likely will be servicing the loan before you see any revenue from the project, requiring …
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READOUT: U.S. Senator Ben Cardin Joins SBA Administrator Isabella Casillas Guzman and Small Business Owners for a Webinar on Economic Aid and Recovery in the Mid-Atlantic Region
https://www.sba.gov/article/2021/aug/06/readout-us-senator-ben-cardin-joins-sba-administrator-isabella-casillas-guzman-small-business-owners… Isabella Casillas Guzman and Small Business Owners for a Webinar on Economic Aid and Recovery in the Mid-Atlantic … SBA updates on the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). COVID-19 EIDL is a borrower-friendly … www.sba.gov . Article ID RO 21-12 Release Date August 7, 2021 Article Type Archived news release U.S. Small … -
SBA Administrator Isabel Casillas Guzman and FTC Chair Lina Khan Discuss How to Enhance Small Business Competitiveness
https://www.sba.gov/article/2024/09/16/sba-administrator-isabel-casillas-guzman-ftc-chair-lina-khan-discuss-how-enhance-small-business… the SBA and FTC are helping small businesses compete on a level playing field with large businesses. “Under the … Year 2023. The SBA’s historic rulemaking simplifying its loan programs has also led to a doubling of small-dollar loans under the agency’s signature 7(a) loan program. The FTC enforces the nation’s antitrust … -
SBA Emerging Leader Graduate Honored at Export Summit
https://www.sba.gov/blog/sba-emerging-leader-graduate-honored-export-summit… Sean Casey, co-founder and President of Rotorcorp LLC was a featured Outstanding Exporter Honoree and presenter at last … Sean Casey, co-founder and President of Rotorcorp LLC was a featured Outstanding Exporter Honoree and presenter at last … respectively with a Preferred Lenders Program ( PLP ) term loan refinancing existing debt. At the NASBITE awards … -
SBA Programs and Services for Native American Entrepreneurs
https://www.sba.gov/blog/sba-programs-services-native-american-entrepreneurs -
SBA Opens Second Business Recovery Center in Mississippi; Centers to Close for July 4th Holiday
https://www.sba.gov/article/2024/06/28/sba-opens-second-business-recovery-center-mississippi-centers-close-july-4th-holiday… Business Administration (SBA) announced today it will open a Business Recovery Center (BRC) in Humphreys County on … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. The filing … -
SBA Launches Enhanced Lender Match Platform
https://www.sba.gov/article/2024/03/04/sba-launches-enhanced-lender-match-platform… seeking funding to start and grow their businesses with a simple, online tool that will more effectively match them … competitive lending products and additional offerings from a trusted network of banks and private lenders. “The … compare lenders to help them decide where to apply for a loan. The enhanced tool will also verify borrowers and screen … -
SBA Implements Law Enhancing Ability to Declare Disasters and Deliver Support to Rural Communities
https://www.sba.gov/article/2023/06/05/sba-implements-law-enhancing-ability-declare-disasters-deliver-support-rural-communities… access to resources and infrastructure, which limits a community's ability to recover and avert long-lasting … Biden, we have cut red tape and simplified the process for a SBA disaster declaration, which allows us to more quickly … The law authorizes the SBA to simplify the process for a governor or tribal government chief executive to request an … -
The Business of Engineering
https://www.sba.gov/success-story/business-engineering… initially relocated to Florida in 2002 hopes of accepting a position with one of Central Florida’s largest employers, … Blake secured a Certified Development Company (CDC)/504 loan. The CDC/504 Loan Program provides financing for major … own office building which more than doubled its space to 7,000 square feet. Blake has been able to grow the company … -
A List of Expenses You’ll Have as a Franchise Owner
https://www.sba.gov/blog/list-expenses-youll-have-franchise-owner… A List of Expenses You’ll Have as a Franchise Owner April 22, 2019 When you first start looking … If you’re like most people, you obtained a small business loan for a portion of your upfront costs when you purchased … -
Statement by SBA Administrator Guzman on Anniversary of American Rescue Plan
https://www.sba.gov/article/2024/03/11/statement-sba-administrator-guzman-anniversary-american-rescue-plan -
SBA Administrator Visits Baltimore for Bridge Collapse Aid
https://www.sba.gov/article/2024/04/05/sba-administrator-visits-baltimore-bridge-collapse-aid… process. Administrator Guzman started the day hosting a roundtable alongside U.S. Senator Ben Cardin, Congressman … facing. The leaders then joined Administrator Guzman for a tour of an SBA Business Recovery Center and spoke with … 1 to assist business owners in completing their disaster loan applications, accept documents for existing … -
Husband and Wife Team Start Bilingual Pediatric Therapy Clinic
https://www.sba.gov/success-story/husband-wife-team-start-bilingual-pediatric-therapy-clinic… population. While the state continues to witness a growing demographic of Spanish-speaking families, ensuring … and careful planning, the two decided to apply for a 7(a) Guaranteed Loan. “The SBA 7(a) Guaranteed loan was the catalyst that … -
Ring in 2022 with Business Tips from the SBA
https://www.sba.gov/blog/ring-2022-business-tips-sba… Ring in 2022 with Business Tips from the SBA January 7, 2022 Whether your business has been around for a few days or a few decades, the SBA is ready to support you … the loans they need. Get started securing an SBA-backed loan by using Lender Match , SBA’s free online referral … -
Deputy Administrator Dilawar Syed Visits Twin Cities for Small Business Engagements, White House AANHPI Economic Summit
https://www.sba.gov/article/2024/07/05/deputy-administrator-dilawar-syed-visits-twin-cities-small-business-engagements-white-house-aanhpi… of loans to AANHPI owned small businesses in Minnesota – a 27% increase over the previous year. Deputy Administrator … are yielding results, driving an increase of 47% in loan volume for loans under $150,000, reaching the long tail … Administrator Syed closed out his day by participating in a town hall with the Somali American community in … -
Pies with a Purpose
https://www.sba.gov/success-story/pies-purpose… Pies with a Purpose Many entrepreneurs have a business idea and then launch a small business. But what if … applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan) to sustain the company. In 2023, Dawn was accepted into … -
Elinor Coatings
https://www.sba.gov/success-story/elinor-coatings… and featured in the movie by the same name.) Bootstrapping a start-up like Elinor Coatings from scratch is expensive and … Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans positioned the company for … -
Black Button Distilling Switches Gears Amid Pandemic & Saves Employees
https://www.sba.gov/success-stories/black-button-distilling-switches-gears-amid-pandemic-saves-employees… US. There are numerous talents that go into being a successful entrepreneur. One of them, says head distiller … pandemic. The Paycheck Protection Program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program,” said SBA Buffalo District Director … -
Sugar, spice and everything nice: How SBA helped a local Minnesota Bakery thrive
https://www.sba.gov/success-story/sugar-spice-everything-nice-how-sba-helped-local-minnesota-bakery-thrive… Sugar, spice and everything nice: How SBA helped a local Minnesota Bakery thrive Anne Andrus has always had a passion for creating and food, and she realized early on … experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … -
SBA Assistance Keeps Heaven’s Table BBQ Serving Milwaukee During COVID
https://www.sba.gov/success-story/sba-assistance-keeps-heavens-table-bbq-serving-milwaukee-during-covid-0… “I asked if the food was ready and they said no—I snatched a rib right off the grill and hid in a closet to eat it! When they found me I was covered with … a problem. He applied for and received an SBA COVID EIDL loan and a small PPP loan in April 2020, enabling him to buy …