Readout of SBA Administrator Guzman’s Convening of Small Business Lending Summit
… small business loans through their signature 7(a) and 504 loan programs. These loans have helped promote inclusive …
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https://www.sba.gov/article/2023/12/12/readout-sba-administrator-guzmans-convening-small-business-lending-summit
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Administrator Loeffler Announces SBA Reforms to Put American Citizens First
https://www.sba.gov/article/2025/03/06/administrator-loeffler-announces-sba-reforms-put-american-citizens-first… days, the SBA will promulgate a new policy requiring SBA loan applications to include a citizenship verification … assistance. In June 2024, the agency approved a $783,000 loan application for a small business that was 49% owned by … the illegal status of the individual and halted the loan from being disbursed – ensuring that $0 was distributed … -
LA 14811-02 SBA to Open Business Recovery Center in Walker to Help Businesses Impacted by Severe Storms and Flooding
https://www.sba.gov/article/2016/aug/19/la-14811-02-sba-open-business-recovery-center-walker-help-businesses-impacted-severe-storms-flooding… to meet individually with each business owner,” he added. No appointment is necessary. All services are provided free … with each business owner to explain how an SBA disaster loan can help finance their recovery. “They will answer questions about SBA’s disaster loan program, explain the application process and help each … -
Investor’s Shot at Pre-Retirement Hobby is Award-Winning Business
https://www.sba.gov/success-story/investors-shot-pre-retirement-hobby-award-winning-business… the Hough Family’s aged whiskeys, thanks to an SBA 504 Loan. The loan, a combination of funds from the Hough Family, Pursuit, … barrel warehouse and an 18th-century tasting room. The 504 Loan Program is an economic development program that supports … -
Homestretch Mortgage-Kentucky
https://www.sba.gov/success-story/homestretch-mortgage-kentucky -
Cisco's Salsa Company
https://www.sba.gov/success-story/ciscos-salsa-company… of what was potentially coming, Laura took out a merchant loan to provide a cushion should things go south especially … only way people would feel comfortable. Thus, the merchant loan helped the restaurant to expand and cover the outdoor … employees. The Paycheck Protection Program (PPP) 1st draw loan was funded in April 2020 which helped cover day-to-day … -
Tsang’s Tea Empire Anchored by SBA 504
https://www.sba.gov/success-story/tsangs-tea-empire-anchored-sba-504… thousands of years to support immune health. The SBA 504 Loan: Anchoring Multiple Companies Under One Roof With three … fellow business owner recommended looking into the SBA 504 loan program for buying commercial property. Tsang took the … certified development company (CDC) to help facilitate the loan process. That’s when he connected with Ryan Johnson, … -
Coed Sportswear Pivot to New Opportunities with the Help of the NH SBA
https://www.sba.gov/success-stories/coed-sportswear-pivot-new-opportunities-help-nh-sba… Founder Mark Lane and his current partner Selim Tobey are no strangers to the SBA programs. Coed has worked with the NH … through the process of applying for SBA’s direct disaster loan, the Economic Injury Disaster Loan (EIDL) program and the EIDL Advance Grant. Phil also … -
Deadline Approaching in Kentucky for Private Non-Profits Affected by March 2023 Severe Storms to Apply
https://www.sba.gov/article/2023/12/07/deadline-approaching-kentucky-private-non-profits-affected-march-2023-severe-storms-apply… The SBA offers federal Economic Injury Disaster Loan (EIDL) to help eligible non-critical PNP organizations … working capital needs such as ongoing operating expenses. Loan amounts can be up to $2 million with an interest rate of … services. Submit completed loan applications to SBA no later than Jan. 10, 2024 . ### About the U.S. Small … -
SBA to Open Business Recovery Center in Crowley to Help Businesses Impacted by Severe or Extreme Drought
https://www.sba.gov/article/2024/03/27/sba-open-business-recovery-center-crowley-help-businesses-impacted-severe-or-extreme-drought… personalized help to every business owner,” he added. No appointment is necessary. All services are provided free … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
Celebrating Hispanic entrepreneurs’ growth, resilience
https://www.sba.gov/blog/celebrating-hispanic-entrepreneurs-growth-resilience… Protection Program (PPP) and the Economic Injury Disaster Loan program, we have delivered nearly three-quarters of a … small business is doing really well now, thanks to the PPP loan that allowed her to bring her six employees back to … -
Office of Veterans Business Development
https://www.sba.gov/about-sba/sba-locations/headquarters-offices/office-veterans-business-development… Guard members Military Reservist Economic Injury Disaster Loan program (MREIDL) Veterans Business Outreach Center … -
SBA to Open Business Recovery Center in Sulphur to Help Businesses Impacted by Severe Storms, Straight-line Winds, Tornadoes and Flooding
https://www.sba.gov/article/2024/05/02/sba-open-business-recovery-center-sulphur-help-businesses-impacted-severe-storms-straight-line-winds… to meet individually with each business owner,” he added. No appointment is necessary. All services are provided free … needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
Co-Founder of Paycheck Protection Program Lender Service Provider Sentenced for $65M COVID-19 Relief Fraud Scheme
https://www.sba.gov/article/2025/12/18/co-founder-paycheck-protection-program-lender-service-provider-sentenced-65m-covid-19-relief-fraud… conspired with others to submit false and fraudulent PPP loan applications to receive loan funds for which they were not eligible. In April 2020, … Reis and his co-conspirators submitted fraudulent PPP loan applications they knew contained materially false … -
SBA Honors 2020 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
https://www.sba.gov/article/2020/sep/16/sba-honors-2020-phoenix-award-champions-outstanding-disaster-recovery-efforts… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses. He disposed of the … -
SBA Announces Its Florida Centers Will Close for MLK Day
https://www.sba.gov/article/2023/jan/13/sba-announces-its-florida-centers-will-close-mlk-day… Centers to assist Floridians with applying for a disaster loan for losses from Hurricane Ian from Sept. 23 through Nov. … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … Guzman announced a policy change granting 12 months of no payments and 0 percent interest. This pertains to all … -
SBA Resource Days Target Your Neighborhoods
https://www.sba.gov/article/2018/jun/01/sba-resource-days-target-your-neighborhoods… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and … -
DISCOVER THE SBA ADVANTAGE AT RESOURCE DAYS AT THE BANK
https://www.sba.gov/article/2017/jun/21/discover-sba-advantage-resource-days-bank… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … renovate business real estate or major equipment – SBA 504 Loan Program ; and Governmment contracting certifications and … -
SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
https://www.sba.gov/article/2017/mar/23/sba-administrator-linda-mcmahon-appoints-william-manger-head-capital-access… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond … -
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing
https://www.sba.gov/article/2016/may/26/statement-sba-administrator-maria-contreras-sweet-us-senate-committee-small-business… and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small …