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… a problem.   He applied for and received an SBA COVID EIDL loan and a small PPP loan in April 2020, enabling him to buy … he welcomed the new funds.  “SBA’s assistance has kept my staff and me employed and the business going. My goal is to be wise with how I use the RRF grant so that we …

… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … and even providing a business advisor to help improve my projections. This loan provided the startup capital I needed to bring …

… worth and net income that applies to SBA’s 7(a) and 504 loan programs.  The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, …

… West Virginia, started 36 years ago with an SBA guaranteed loan.  Ten years later, when the business was forced to … in collecting accounts receivables and being able to pay my employees that are like family.” Harris found the process … from SBDC, City National Bank, and her accountant. “My SBDC Coach Todd Crump emailed me about the program, I …

… Economic Injury Disaster Loans (EIDL) “allowed me to keep my team employed and [make] them feel safe.”   Christy is … someone who grew up in a small business family and started my own businesses, I’ve experienced firsthand the symbiotic … depend on – and lift up – their communities.    My mother, who was a teacher, instilled in me the importance …

… at a ceremony and reception in Washington, D.C. “It is my extreme pleasure and honor to announce that business … Brooke purchased their own roasting plant using an SBA 504 loan.  They have worked diligently with their farmers for 17 … was extremely competitive this year.  The highlight of my day was to be able to meet and award every state and …

… offering a much easier debt to service compared to a loan. To give yourself extra padding to meet your company’s …

… with 7,450 square feet of production space. A new SBA loan is now assisting in the opening of a new facility in …

… The WCP is a complement to the SBA’s core 7(a) and 504 loan programs, developed to help small businesses gain access … making the program a potent tool within SBA’s suite of loan offerings alongside the new  Manufacturers’ Access to …

… business education, technical assistance, revolving loan funds, and SBA Loans.   To learn more about the new VBOC …

… able to secure thanks to a $75,000 SBA Community Advantage Loan and Microloan for $15,000 from the Regional Business … to an SBA Paycheck Protection Program First & Second Draw loan, Finnick persevered. While COVID-19 initially presented …

… If you have other collateral you could put against a loan, make sure to list it now. Provide a prospective …

… 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 …

… 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 …

… agency  approved record lending through its 7(a) and 504 loan programs, totaling $45 billion to more than 85,000 small … SBA capital comes in the form of, a government-guaranteed loan to the fund to match privately raised capital. The SBA-guaranteed loan, paired with private capital, increases access to …

… 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 …

… SBA delivered over 1,000 loans through its flagship 504 loan program to AANHPI-owned small businesses to the total of …

… 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 …

… to adversity. The business received a SBA 7(a) guaranteed loan from Trustmark Bank in 2011 to obtain more favorable … their business under the Paycheck Protection Program (PPP Loan), Economic Injury Disaster Loan (EIDL) and EIDL Advance to sustain the business due to a …