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Issuance of SOP 50 10 8 with Technical Updates
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SBA Launches Center for Faith, Eliminates Biden Ban on Disaster Relief for Faith Organizations
… faith-based organizations from receiving SBA disaster loans. “The SBA is committed to ending the era of weaponized … religion” ineligible to apply for Economic Injury Disaster Loans (EIDL) - even after the Supreme Court ruled that such … -
Bakery offers One of a Kind Vegan Cinnamon Rolls with the Help of SBA Funding
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SBA’s 2022 New Hampshire Financial Services Champion Denise Roy-Palmer of Wentworth Economic Development Corporation (WEDCO)
… their leadership and work, WEDCO’s impact includes 113 loans amounting to $7,114,501 in direct lending which … -
Huntsville, Greg Brown, Co-CEO of Brown Precision, Inc. named SBA’s 2022 Alabama Small Business Person of the Year
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SBA Administrator to Deliver Keynote Address at International Entrepreneurship Summit in New York
… will deliver the keynote address at the first-ever Micro, Small and Medium Sized Enterprises Knowledge Summit … sector partners who will discuss the important role micro, small and medium-sized enterprises play as catalysts, … -
How to Access Capital for Your Veteran-owned Business
… may receive reduced upfront guaranty fees on select SBA 7a loans. Make sure to note your veteran or military status to … -
SBA celebrates October as National Women’s Small Business Month
… the U.S. Small Business Administration. The SBA guarantees loans for small business owners who can’t get loans anywhere else, and also connects entrepreneurs to … -
National Preparedness Month: Disasters Happen. Prepare Now. Learn How.
… back on their feet with the help of low-interest disaster loans. Instead of relying on your insurance or a loan to … -
NC 15696 - New Hours for Business Recovery Center in Robeson County, NC
… at the Center can provide information about disaster loans, answer questions and assist businesses in completing … at the Center can provide information about disaster loans, answer questions and assist businesses in completing … -
SBA is Hiring Staff to Help with Disaster Response
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SBA Announces $18 Million in Funding Opportunity to Support Small Businesses Trade Growth
… expansion of production facilities due to export success. Loans are available up to $5 million. More information can … -
TOMORROW: Obama Cabinet Member to Visit Flint, MI
… month, the SBA announced that economic injury disaster loans were available for the Flint community. An SBA disaster … nonprofit organizations to apply for low-interest SBA loans to help meet working capital needs caused by the … -
Statement from Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Success of the Paycheck Protection Program
… its launch, the SBA processed more than 14 years’ worth of loans in less than 14 days, which will protect a vast number … than $1 billion in assets, and approximately 60% of the loans were approved by banks with $10 billion of assets or … dollar amount of the program. “The vast majority of these loans—74% of them—were for under $150,000, demonstrating the … -
Let the SBA Help Fund Your Next Contract
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SBA Extends Crucial Lifeline to Borrowers Impacted by COVID-19 with Debt Relief
… economic effects of COVID-19 for small businesses with SBA loans. Since April last year, the SBA has made over $7.1 billion in payments across 1,819,130 loans on behalf of these borrowers. It’s important to note … -
SBA Administrator Statement on GAO Findings: PPP Program Increased Lending to Smallest Businesses, Underserved Communities
… groups were facing unique challenges in getting PPP loans, the Biden-Harris Administration and I directed our … -
Base Rate for Cost of Money Calculations
… Currently, those ceilings are set at 19 percent for "Loans" and 14 percent for "Debt Securities," two types of … 107.855 Effective 1/31/96 the maximum interest rates for loans is 19%, and the maximum interest rate for debt … -
Supplemental Information for Premier Certified Lender Program (PCLP) Processing