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… Elinor Coatings has used two SBA programs for a term loan and a line of credit (7(a) and Express). The SBA loans …
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Sugar, spice and everything nice: How SBA helped a 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
… 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
… 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 … -
Local bakery utilizes Paycheck Protection Program to 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.” … Local … -
Business Owner Sentenced After Receiving More than $1.6 Million in Funds from the CARES Act
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Championing Equitable Access for Women Business Owners
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U.S. Small Business Administration to Host 11th Annual National Veterans Small Business Week Nov. 11-15
… through a variety of initiatives: Expanding the number of Veterans Business Outreach Centers (VBOCs) across the nation. Offering no-cost or reduced-fee loan programs for veterans and their families. Increasing … -
Mead-ing All Over the World
… with 7,450 square feet of production space. A new SBA loan is now assisting in the opening of a new facility in … -
New Ownership and 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
… 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 … -
Build Your Business Through Networking
… the best networking strategy. Do you want to make X number of new contacts per month? Do you want to obtain X number of qualified leads? Do you want to find a new supplier … the purpose of networking. Set a goal to meet a certain number of new people at each event. Networking is kind of … -
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
… SBA delivered over 1,000 loans through its flagship 504 loan program to AANHPI-owned small businesses to the total of … -
SBA Launches Portal to Begin Accepting Shuttered Venue Operators Grant Applications on April 8
… amended the SVOG program so entities that apply for a PPP loan after Dec. 27, 2020, can also apply for an SVOG, with the eligible entity’s SVOG to be reduced by the PPP loan amount. The PPP loan applications have been updated to reflect this. As the … -
SBA Extends Physical Deadline for Puerto Rico Private Nonprofit Organizations Affected by Tropical Storm Ernesto
… property damage. Applicants may be eligible for a loan amount increase of up to 20% of their physical damages, … -
A Brief Guide to Fixing an Incomplete, Outdated or Incorrect Credit Report
… a consumer report such as a consumer’s accounts for a car loan, mortgage loan, or credit card. With all the enormous amounts of data … tier , making them more likely to be offered a lower auto loan interest rate. So how do you order your personal credit … -
USAF Veteran and Medical Specialist Brings her Skills to Create a Home for Aging Families in Need
… Development Corporation (GSDC) to obtain the construction loan they needed. “Without the SBA loan for construction, we would not have been able to start … project and during the pandemic, the business received SBA loan forgiveness payments for several months. In addition, … -
SBA helps mechanic cycle into business
… for working capital or any business-related expense. WCCED Loan Officer April Cacia said these loans are designed to … Kostyzak is one of her best clients. Kostyzak used the loan proceeds to add inventory in an industry boasting global … -
READOUT: Administrator Guzman Joined Reps. Horsford and Titus in Las Vegas to Meet with Local Small Business Leaders and Celebrate AANHPI Heritage Month
… that benefitted from a Paycheck Protection Program (PPP) loan. Administrator Guzman met with Andrea Vigil, COO of … able to utilize two PPP loans, an Economic Injury Disaster Loan (EIDL), and skills learned through the SBA’s Emerging …