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https://www.sba.gov/article/2024/07/05/deputy-administrator-dilawar-syed-visits-twin-cities-small-business-engagements-white-house-aanhpi… are yielding results, driving an increase of 47% in loan volume for loans under $150,000, reaching the long tail …
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Pies with a Purpose
https://www.sba.gov/success-story/pies-purpose… applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan) to sustain the company. In 2023, Dawn was accepted into … counseling, business educational programs, assistance with loan applications, marketing ideas, pandemic recovery and … -
Elinor Coatings
https://www.sba.gov/success-story/elinor-coatings… Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans … -
Black Button Distilling Switches Gears Amid Pandemic & Saves Employees
https://www.sba.gov/success-stories/black-button-distilling-switches-gears-amid-pandemic-saves-employees… 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 Franklin J. … -
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… experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … faced was a lack of space and capacity, but an SBA loan helped Andrus physically expand Honey and Rye, and SBA … -
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… a problem. He applied for and received an SBA COVID EIDL loan and a small PPP loan in April 2020, enabling him to buy a delivery truck, pay … delivery and private events into 2021. A Second Draw PPP loan helped to pay staff salaries and other expenses, keeping … -
Buttermilk Biscuit
https://www.sba.gov/success-story/buttermilk-biscuit… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for … -
SBA Finalizes Rule to Adjust Monetary Based Size Standards For Inflation
https://www.sba.gov/article/2016/jan/28/sba-finalizes-rule-adjust-monetary-based-size-standards-inflation-0… worth and net income that applies to SBA’s 7(a) and 504 loan programs. The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, … -
Local bakery utilizes Paycheck Protection Program to ease payroll burden during COVID-19 pandemic
https://www.sba.gov/offices/district/wv/clarksburg/success-stories/local-bakery-utilizes-paycheck-protection-program-ease-payroll-burden-during-covid-19-pandemic… West Virginia, started 36 years ago with an SBA guaranteed loan. Ten years later, when the business was forced to … notified I was approved, and on April 21 I closed on the loan,” said Harris. “I feel like we have come full circle … our business with the SBA and now getting this PPP loan to sustain our business during this crisis.” … -
Business Owner Sentenced After Receiving More than $1.6 Million in Funds from the CARES Act
https://www.sba.gov/article/2025/06/16/business-owner-sentenced-after-receiving-more-16-million-funds-cares-act -
Championing Equitable Access for Women Business Owners
https://www.sba.gov/blog/championing-equitable-access-women-business-owners -
SBA Names California’s Equator Coffees & Teas 2016 National Small Business of the Year
https://www.sba.gov/article/2016/may/03/sba-names-californias-equator-coffees-teas-2016-national-small-business-year-0… 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 … Spirits Epicenter. Dafoe has used an SBA-backed 7(a) loan and a separate 504 loan to move to its current HUBZone … -
3 Ways to Get Working Capital for Your Business
https://www.sba.gov/blog/3-ways-get-working-capital-your-business… offering a much easier debt to service compared to a loan. To give yourself extra padding to meet your company’s … -
Mead-ing All Over the World
https://www.sba.gov/success-story/mead-ing-all-over-world… with 7,450 square feet of production space. A new SBA loan is now assisting in the opening of a new facility in … -
SBA Awards Funding for 22 Veterans Business Outreach Centers
https://www.sba.gov/article/2018/may/14/sba-awards-funding-22-veterans-business-outreach-centers… business education, technical assistance, revolving loan funds, and SBA Loans. To learn more about the new VBOC … -
Paycheck Protection Program Keeps Ovens Burning, Workers Employed at Vauxhall Takeout Barbeque Restaurant
https://www.sba.gov/success-story/paycheck-protection-program-keeps-ovens-burning-workers-employed-vauxhall-takeout… able to secure thanks to a $75,000 SBA Community Advantage Loan and Microloan for $15,000 from the Regional Business … to an SBA Paycheck Protection Program First & Second Draw loan, Finnick persevered. While COVID-19 initially presented … -
New Ownership and Same Strong Company Culture
https://www.sba.gov/success-story/new-ownership-same-strong-company-culture… had obtained an SBA Paycheck Protection Program (PPP) loan during the pandemic, attended SBA training events over … active SBA lender in the region, and obtained an SBA 7(a) loan. And he appreciates the SBA's assistance in enabling a … -
Careful Planning Plus Quality Ingredients Equal Success
https://www.sba.gov/success-story/careful-planning-plus-quality-ingredients-equal-success… Fund and took out an EIDL (Economic Injury Disaster Loan) which they paid back as soon as they realized they … restaurant venture). When his wife applied for a 7(a) loan for Cyrano’s, SBA and his lender stressed the need for a … -
SBA Resource Partner Helps Wood Artists Build Bigger Dreams
https://www.sba.gov/success-story/sba-resource-partner-helps-wood-artists-build-bigger-dreams… out and quickly connected with an Entrepreneur Fund loan officer. Together they all worked virtually and at record pace to secure financing through an SBA 7a loan in time for the original closing date during the … The business also used the SBA’s Economic Injury Disaster Loan, the EIDL Advance and Paycheck Protection Program funds … -
Readout of SBA Administrator Guzman’s visit to Las Vegas
https://www.sba.gov/article/2023/06/08/readout-sba-administrator-guzmans-visit-las-vegas… SBA delivered over 1,000 loans through its flagship 504 loan program to AANHPI-owned small businesses to the total of …