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… a small section.” Martincic not only used an SBA-backed loan to purchase the building but also the SBA’s COVID-19 …
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Preparing to Pivot a Generational Family Business
… Grant along with the $150K Economic Injury Disaster Loan, Frank made sure to secure the funding which ended up … debt capital from the SBA’s Economic Injury Disaster Loan next to help pay for the masonry work that needed to get … -
SBA Awards Illinois Entrepreneur as 2018 National Small Business Person of the Year
… she applied for and was approved for an SBA-backed 7(a) loan that provided the capital she needed to expand her … taught by SBA, and a $4.8 million SBA international trade loan to build a 35-mile high-capacity fiber ring around … -
SBDC Helps Gourmet Cookie Company Out of a Sticky Situation and Into a New and Bigger Production Facility
… $1,655,000 in financing, including an SBA backed 7(a) loan for $660,000 through Readycap Lending, LLC, to purchase the building, and a 7(a) SBA Express loan for $120,500 through Banner Bank to assist with cash … -
Tumwater Woodworking Business Utilizes SBA Services to Overcome Obstacles
… turned to SBA’s Paycheck Protection Program (PPP) loan and Economic Injury Disaster Loan (EIDL) which provided the capital he needed to retain … -
Statement by Administrator Guzman Applauding Biden-Harris Administration’s Whole of Government Approach to Strengthen America’s Supply Chains
… support for manufacturers: Provided $4.5 billion in loan guarantees to 4,868 small manufacturers in calendar year … -
Florida Small Business Wins SBA’s 2018 Exporter of the Year Award
… of all exporters are small businesses. The SBA’s export loan programs help American small businesses reach customers … -
Community Navigators in Native Communities
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Five Ways to Give Your Business A Strategic Refresh
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5 Key Financial Tips When Starting a Business from Home
… you will need to provide your employer identification number) or social security number, if you’re a sole proprietorship), your business … -
SBA Reconvenes the Council on Underserved Communities
… Full name of nominee Occupation Physical address Telephone number Email address “I applaud Administrator Guzman for … -
Closing the Door on a Dream Opens the Doors to Many More in Oregon
… of the Paycheck Protection Program (PPP), an SBA-backed loan that helps businesses keep their workforce employed … crisis, and an SBA COVID-19 Economic Injury Disaster Loan (EIDL), the company was able to keep its team employed, … -
SBA Honors 2019 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… clean-up. Stephanie received an SBA disaster loan for $197,000 to cover working capital needs and repair … -
Refugees Find Success, Welcoming Community with Syrian Food Cart on Vashon Island
… Jneidi said of the pandemic. “The opportunity to get this loan from the SBA was a big help to cover expenses, buy … Jneidi has placed their packaged food on an increasing number of shelves in area supermarkets and cafés. The demand … -
The Right Way to Think About Credit Lines for Business
… new equipment compared to applying for a business loan. Rule 3: Practice Self-Discipline Stay on top of your … -
How to Immediately Become a More Credit Savvy Business Owner
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SBA Administrator Guzman Awards Minnesota’s Abdirahman Kahin of the Afro Deli & Grill as the 2023 National Small Business Person of the Year
… its inception, Afro Deli & Grill has utilized numerous SBA loan programs, including the 7(a) Express Loan and SBA pandemic relief. Kahin is a committed community … -
Women Owned Small Business Person of the Year
… and an indoor/outdoor café. A potential future 504 loan will help the Cheesy Chick renovate and create a new … destination, as well as support anticipated growth in both number of employees and sales. Simone’s cheesy success has … -
SBA Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year
… the state. In 2016, with the help of an SBA 504 loan, BFLS moved to their 7,300 square-foot home in Winfield, … and services, including SCORE, SBDC Counseling, the 504 Loan, Emerging Leaders Program, SBA District Office training … -
Writing YOUR success story
… with other sources of financing. While the SBA doesn't loan money directly to small business owners, it helps …