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… To continue expanding, Kang utilized the  SBA 504 loan program  to finance the construction of a major … would be much more difficult to get otherwise. The 504 loan enables banks to lend a larger project as they can rely on the SBA loan guarantee.” After securing the funding, Kang opened a …

… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to …

… They found financing for the second half of their loan through an SBA 7(a) loan from University of Virginia Community Credit Union. The loan was disbursed in 2016 and the couple is close to fully …

… Small Business Investment Act, as well as an increasing number of legislative mandates and government-wide …

… disaster survivors have six months from the date of SBA loan approval to fully use their approved funds. However, … approved funding, the SBA repeatedly extended disaster loan disbursement deadlines to protect survivors’ access to …

… small business loans through their signature 7(a) and 504 loan programs. These loans have helped promote inclusive …

… it provides better guidance on how to be prepared for the loan application process. It has been streamlined from start … them by entrepreneurs, those who express interest in the loan will respond within two days. In addition, borrowers … can go to www.sba.gov/lendermatch to get matched with any number of institutions and increase their access to capital. …

… the requester is provided a FOIA Case Tracking System case number and the name and telephone number of the office(s) that will process the request. The … Many FOIA requests received by SBA pertain to voluminous loan and contract files that require lengthy and detailed …

… 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 …

… 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 … at any Disaster Recovery Center in Louisiana. Disaster loan information and application forms are also available …

… 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 …

… for a business expansion. So, he applied for an SBA  7(a) loan to acquire and renovate a building and working capital … company. Mike and his team now offer a full array of home loan needs, including bridge loans, conventional mortgages, …

… 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 …

… 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, …

… 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 … was instrumental in the business getting through the EIDL loan process and ultimately getting their proceeds as well as …

…   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 … suffered any physical property damage. The SBA sets loan amounts and terms based on each applicant’s financial …

… on the task of reopening your business—and save their number in your cell phone. Maintain an updated list of all …

… 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 …

… 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 …