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Top 10 Business Credit Terms Small Business Owners Should Know
… Business Credit Score – While a personal credit score is a number that represents an individuals credit history; a … etc. 5. Collateral – Any assets used to secure credit or a loan for the business is collateral and can be tangible or … -
Austin Company Finds Success in the Global Marketplace with Help from SBA and the Department of Commerce
… After reviewing the business plan and discussing the loan structure with Allal, the bank approved the loan. The funds supported Optimal’s additional market … -
READOUT: Administrator Guzman Visits New Jersey to Discuss Historic Small Business Growth & Meet Burlington County Small Business Owners
… aid programs such as a COVID Economic Injury Disaster Loan (EIDL), Restaurant Revitalization Fund (RRF) award and … -
Become a Small Business Success Story this SBDC Day
… 63% of SBDC clients go on to start new businesses, a number well worth celebrating this SBDC Day, March 15, 2023. … -
SBA Congratulates the 2024 Phoenix Award Winner for Outstanding Disaster Recovery Efforts
… SBA back in 2020, receiving an economic disaster relief loan due to the pandemic. She turned to the “blue shirts,” … recovery, receiving another economic injury disaster loan to continue The Coffee Shoppe’s brand of excellence in … -
Off the Grid
… accelerate its growth by taking advantage of the SBA 7(a) Loan program. Off the Grid has received four SBA 7(a) loans … -
How the Small Business Administration Is Helping Hispanic Entrepreneurs Make Big Strides
… Espinosa by providing her business with an SBA-backed loan to purchase fixed assets, which helped to bolster the … capability in the 8(a) program. With the help of the SBA loan, the company moved from a 500 square-foot incubator … -
OH! What a saving grace
… Program (PPP) and the SBA Economic Injury Disaster Loan (EIDL). This was just what she needed to be able to … process for both and was approved for a $3,800 PPP Loan and a $30,000 SBA EIDL. Anita stated, “my business is a … -
SBA Announces National Veterans Small Business Week
… get their businesses off the ground. The SBA has made a number of key changes in the past year to expand access to … members, veterans and military spouses. Overhauling its loan program to expand access to capital for veteran-owned … -
Building a Great Reputation While Building a Business-2024
… website are very positive. Desmond received a COVID EIDL loan for $20,000, an Advance grant and a PPP loan, which has since been forgiven. He stated that those … -
Just 29, She’s ‘Off to a Pretty Good Start’
… lack of credit prevented her from securing a traditional loan. To obtain the needed capital, Lara-Bregatta took a … Café, Café Mamajuana and Oak Street Co-Operative secured a loan for the property. “We simply went out into the … -
From Backyard to Brick and Mortar: BBQ Business Uses SBA Resources Every Step of the Way
… building and, in 2018, she secured an SBA-guaranteed loan to buy restaurant equipment and a new generator for her … where she grew up and has her business is seeing a number of revitalization projects and new small businesses … -
Alabama Gardner Center Blooms with Help from the SBDC Capital Access Team
… options and ultimately helped him to secure an SBA 504 loan of $4.1 million for a 4,000-square-foot greenhouse in … to grow. So much so that Jamie was able to pay the loan off in less than five years, well ahead of the 20-year … -
SBA Administrator Guzman Hosts Inaugural Artificial Intelligence Small Business Summit at Georgia Tech
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From Prison to Policy Reform: Innovative Labor CEO Paves Way for Returning Citizen Entrepreneurs
… in need. Troy applied for the Economic Injury Disaster Loan but was initially declined due to his parole status. … for and obtain an EIDL and a Paycheck Protection Program loan. With this influx of capital, Troy retained 75 employees … -
READOUT: Administrator Guzman Joins Congresswoman Cindy Axne in Iowa to Highlight President Biden’s American Rescue Plan and SBA Small Business Recovery Efforts
… for help and received a Paycheck Protection Program (PPP) loan after the pandemic hit. Fox used PPP funds to help keep … SBA’s programs like PPP and COVID Economic Injury Disaster Loan during the pandemic. Administrator Guzman and Rep. Axne … -
FL 15742 - SBA Business Recovery Centers Closed in Florida in Honor of National Day of Mourning for President George H. W. Bush
… on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA … on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA … -
SBA’s 2023 New Hampshire District Director Award
… requiring environmental assessments on non-performing loan portfolios. Her prior work experience also includes … -
Empowering Solutions
… Portee utilized an SBA Paycheck Protection Program loan to cover payroll keeping employees across his three …