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https://www.sba.gov/document/report-23-08-serious-concerns-regarding-return-paycheck-protection-program-funds… to borrowers on returning PPP funds to lenders if the loan was forgiven or guaranty purchased. Provide detailed … on their responsibilities for accepting PPP funds if the loan was forgiven, to include documenting reasons for the …
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Essential Business uses Paycheck Protection Program to Bring Back Employees
https://www.sba.gov/success-stories/essential-business-uses-paycheck-protection-program-bring-back-employees… of the PPP but was unable to find a bank to process the loan. When the second round of PPP funding was released Tony … where the staff was very helpful and able to close the loan for the small business. “Thanks to Andrew King at … Bank, we were able to get a Paycheck Protection Program loan to bring back two full-time employees, pay health … -
SBA Announces Christmas and New Year’s Day Holiday Closure of Business Recovery Centers
https://www.sba.gov/article/2023/12/22/sba-announces-christmas-new-years-day-holiday-closure-business-recovery-centers… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Centers will operate as indicated … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
SBA Announces the Closing of Business Recovery Centers Due to Inclement Weather Conditions
https://www.sba.gov/article/2024/01/09/sba-announces-closing-business-recovery-centers-due-inclement-weather-conditions… will assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. The Oak Forest Municipal Complex hours of … SBA continues to provide one-on-one assistance to disaster loan applicants at the following location on the days and … -
Readout of SBA Administrator Guzman’s Attendance at Meeting of President's Advisory Commission on Advancing Educational Equity, Excellence, and Economic Opportunity for Hispanics Initiative
https://www.sba.gov/article/2024/01/26/readout-sba-administrator-guzmans-attendance-meeting-presidents-advisory-commission-advancing… community – under the Biden-Harris Administration, the number of SBA-backed loans to Latino-owned small businesses has doubled, with total loan dollars reaching a record $3 billion in FY23. … -
SBA Business Recovery Center in Rhode Island Closed Tuesday Due to Inclement Weather
https://www.sba.gov/article/2024/02/13/sba-business-recovery-center-rhode-island-closed-tuesday-due-inclement-weather-0… Center can assist business owners complete their disaster loan application, accept documents for existing applications, and provide status on loan applications. SBA Business Recovery Center (BRC) … services. The filing deadline to return economic injury loan applications is Sept. 16, 2024. ### About the U.S. … -
The SBA issues a final rule to adopt increases to the alternative size standard for inflation and adjust limits for the Surety Bond Guarantee Program.
https://www.sba.gov/article/2024/02/22/sba-issues-final-rule-adopt-increases-alternative-size-standard-inflation-adjust-limits-surety-bond… 7(a) Business and Certified Development Company (CDC/504) Loan Programs (collectively “Business Loan Programs”), subject to a 34.46 percent adjustment for … size standards, will gain eligibility for SBA's Business Loan Programs for which they would not otherwise be eligible … -
Readout of SBA Administrator Guzman’s Attendance at White House Roundtable on Increasing Capital Access for Tribal Nations
https://www.sba.gov/article/2024/03/01/readout-sba-administrator-guzmans-attendance-white-house-roundtable-increasing-capital-access-tribal… Financial Institutions (CDFIs), raising the total number to eleven with plans for further growth. She also … loans to Native-owned businesses are up 70% , and total loan dollars have almost doubled. The roundtable acknowledged … -
SBA Business Recovery Center in Rumford Changes Operating Hours
https://www.sba.gov/article/2024/02/23/sba-business-recovery-center-rumford-changes-operating-hours… Center will assist business owners complete their disaster loan application, accept documents for existing applications, … -
What are business plan events?
https://www.sba.gov/blog/what-are-business-plan-events… require the business plan document as part of a business loan or other commercial credit. Most SBA loan programs, which guarantee bank loans made by local small … -
How to Access Capital for Your Veteran-owned Business
https://www.sba.gov/blog/how-access-capital-your-veteran-owned-business… access personal savings or receive assistance through a loan, the U.S. Small Business Administration recognizes that … (and current) small business owners. There are a number of SBA resources you can take advantage of in order to … -
How SBA Helps Native American Small Business Owners Succeed
https://www.sba.gov/blog/how-sba-helps-native-american-small-business-owners-succeed… you may consider applying for an Economic Injury Disaster Loan (EIDL). These loans can be used to pay fixed debts, … -
U.S. Small Business Administration Releases Report on Anti-Fraud Control Measures in Pandemic Relief Programs
https://www.sba.gov/article/2023/06/27/us-small-business-administration-releases-report-anti-fraud-control-measures-pandemic-relief… Program (PPP) and COVID-19 Economic Injury Disaster Loan Program (COVID-EIDL). The report is the most thorough … -
Landmark Theater Navigates COVID-19's Impact, Triumphantly Announces 2021-2022 Season
https://www.sba.gov/success-story/landmark-theater-navigates-covid-19s-impact-triumphantly-announces-2021-2022-season… Paycheck Protection, COVID Economic Injury Disaster Loan, and Shuttered Venue Operators Grant Programs. Since its … the balance, The Grand turned to SBA’s Paycheck Protection loan program to keep its staff on the payroll and meet … pandemic. Indeed, the now-concluded Paycheck Protection loan program’s partially forgivable, low-interest funding … -
Seasonal Employees: What to Know for the Upcoming Holiday Season
https://www.sba.gov/blog/seasonal-employees-what-know-upcoming-holiday-season… . Federal employment laws Besides the FLSA, there are a number of other laws to which an employer becomes subject … you wouldn't want to do anything wrong, regardless of the number of people on your staff, having more than the … on the experience of claims made against you, and having a number of layoffs can increase the number of claims and hike … -
THURSDAY: SBA Administrator to Visit Baltimore, Discuss Economic Assistance Available for Businesses Affected by Bridge Collapse
https://www.sba.gov/article/2024/04/03/thursday-sba-administrator-visit-baltimore-discuss-economic-assistance-available-businesses-affected… 1 to assist business owners in completing their disaster loan applications, accept documents for existing applications, and provide status on loan applications. Thursday, April 4 Tour of Business … -
SBA Business Recovery Centers Close in Massachusetts for Independence Day; Bristol Business Recovery Center Closed Permanently After July 5
https://www.sba.gov/article/2024/07/02/sba-business-recovery-centers-close-massachusetts-independence-day-bristol-business-recovery-center… Centers will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make … -
May is World Trade Month
https://www.sba.gov/blog/may-world-trade-month… Administration is an important partner providing a number of resources to assist small businesses reach the global marketplace. The SBA’s export loan programs assist U.S. small businesses to access the … -
Small business procurement
https://www.sba.gov/partners/contracting-officials/small-business-procurement… days. If your research confirms there are an adequate number of small businesses to justify a set-aside or … -
SBA Business Recovery Centers Close in Observance of Juneteenth, Update Hours of Operation
https://www.sba.gov/article/2024/06/13/sba-business-recovery-centers-close-observance-juneteenth-update-hours-operation… Centers will assist applicants complete their disaster loan application, accept documents for existing applications, … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended … not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make …