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https://www.sba.gov/article/2021/mar/19/sba-launches-portal-begin-accepting-shuttered-venue-operators-grant-applications-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 …
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SBA Extends Physical Deadline for Puerto Rico Private Nonprofit Organizations Affected by Tropical Storm Ernesto
https://www.sba.gov/article/2025/02/11/sba-extends-physical-deadline-puerto-rico-private-nonprofit-organizations-affected-tropical-storm… 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A Brief Guide to Fixing an Incomplete, Outdated or Incorrect Credit Report
https://www.sba.gov/blog/brief-guide-fixing-incomplete-outdated-or-incorrect-credit-report… a consumer report such as a consumer’s accounts for a car loan, mortgage loan, or credit card.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
https://www.sba.gov/success-story/usaf-veteran-and-medical-specialist-brings-her-skills-create-home-aging-families-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
https://www.sba.gov/success-story/sba-helps-mechanic-cycle-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
https://www.sba.gov/article/2022/may/26/readout-administrator-guzman-joined-reps-horsford-titus-las-vegas-meet-local-small-business-leaders… 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 … -
Mission-Driven Café Gets Support from SBA to Continue Serving
https://www.sba.gov/success-story/mission-driven-cafe-gets-support-sba-continue-serving… young children. Claire turned to her bank for a business loan to help with unforeseen construction expenses but was … point for Claire’s business, she used the microloan loan for business expansion and working capital that helped … Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds to keep her entire staff on payroll, while … -
The Top 3 Things That Infuriate Today’s Franchise Buyers
https://www.sba.gov/blog/top-3-things-infuriate-todays-franchise-buyers… That Infuriate Franchise Buyers 1. Too Many Choices The number of franchises available is mind-boggling, especially … -
SBA Administrator Guzman Announces Two Federal Advisory Committees to Accelerate American Innovation and Access to Capital for Small Businesses and Startups
https://www.sba.gov/article/2022/jul/29/sba-administrator-guzman-announces-two-federal-advisory-committees-accelerate-american-innovation… Full name of nominee Occupation Physical address Telephone number Email address For issues or questions with either … -
A clear path forward
https://www.sba.gov/success-story/clear-path-forward… Wilburn secured both an SBA Economic Injury Disaster Loan and an SBA Paycheck Protection Loan to keep his business on track and took advantage of the … -
PPP Profile - Newton Specialty Retailer Capitalizes on Pet Industry Trends
https://www.sba.gov/success-stories/ppp-profile-newton-specialty-retailer-capitalizes-pet-industry-trends… its doors last December with the help of an SBA-guaranteed loan. The business got off on the right foot until the … needs. Thanks to an SBA-backed Paycheck Protection Loan (PPP) through US Bank, Earthwise Pet returned to normal … with SBA making six months of payments on its existing SBA loan under the federal agency’s Cares Act Debt Relief … -
Eye Center of Houston
https://www.sba.gov/success-story/eye-center-houston -
SBA to Honor America’s Fastest-Growing Entrepreneurial Segment this Women’s History Month
https://www.sba.gov/blog/2023/2023-03/sba-honor-americas-fastest-growing-entrepreneurial-segment-womens-history-month… the U.S. Thankfully, we’ve come a long way since then: The number of women-owned firms now exceeds 11 million . There is … self-assessments, visit the Ascent website . Funding: SBA loan programs can help women entrepreneurs start and sustain growth. The loan programs reduce lender risk, making them ideal for … -
SBA Administrator Guzman Announces 17 New Women’s Business Centers
https://www.sba.gov/article/2024/03/29/sba-administrator-guzman-announces-17-new-womens-business-centers… loans to women-owned businesses are up 70 percent. Total loan dollars to women-owned businesses are up 61 percent, … -
Childhood Accident Transforms Adversity Into Passion For Helping Others
https://www.sba.gov/success-stories/childhood-accident-transforms-adversity-passion-helping-others… devices. Bennett helped prepare the business plan and loan package, and the end result led to CRA, Tax Increment … to apply for an SBA-backed Paycheck Protection Program loan. Srivastava says, “We got the PPP notification and it … continues on, but thanks to his determination and the PPP loan, Srivastava is back up to 70-75% of his normal … -
Does Your Small Business Qualify?
https://www.sba.gov/blog/does-your-small-business-qualify… small business is defined ‘either in terms of the average number of employees over the past 12 months, or average … Prior to bidding, your small business will need a D-U-N-S Number , a unique nine-digit ID number for the physical address of your business. It's free … -
SBA Recovery Programs Allow This Business to Keep On Cookin’ Through Pandemic
https://www.sba.gov/success-story/sba-recovery-programs-allow-business-keep-cookin-through-pandemic… The Hunters received an SBA COVID Economic Injury Disaster Loan (EIDL) to catch up on past-due bills for utilities, … also successfully applied for a PPP First and Second Draw Loan, which helped tremendously with payroll and affiliated … educational seminars and webinars, assisting with loan applications, marketing, pandemic recovery and more. … -
5 Ways to Kickstart Your Small Business This National Entrepreneurship Month
https://www.sba.gov/blog/5-ways-kickstart-your-small-business-national-entrepreneurship-month… through bootstrapping, crowdfunding or a small business loan. SBA will work with you to prepare for the loan application process, and the Lender Match tool can … -
Entrepreneurs Look at Obstacles as Child’s Play - How this Small Business Pivoted from COVID-19 with SBA Help
https://www.sba.gov/success-story/entrepreneurs-look-obstacles-childs-play-how-small-business-pivoted-covid-19-sba-help… Courses. “Initially we were going to take out a massive loan to have our obstacles professionally designed and … the Paycheck Protection Program, Economic Injury Disaster Loan, and the business counseling services from the New … -
Never Quit, Never Quit, Never Quit
https://www.sba.gov/success-story/never-quit-never-quit-never-quit… bonding and past performance. Susan secured an SBA 504 loan, investing approximately $900,000 of her own equity, and … Athena Construction Group has utilized SBA guaranteed loan programs and joined the 8(a) business development …