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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 …
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Independent Auditors’ Report on SBA’s Fiscal Year 2023 Financial Statements
https://www.sba.gov/document/report-24-03-independent-auditors-report-sbas-fiscal-year-2023-financial-statements… the Paycheck Protection Program, Economic Injury Disaster Loan program, the Restaurant Revitalization Fund, and … Receivable, Net Downward Reestimate Payable to Treasury Loan Guarantee Liabilities For the period ended September 30, … -
SBA’s 2024 New Hampshire Financial Services Champion Patricia Grauwiler of Enterprise Bank
https://www.sba.gov/success-story/sbas-2024-new-hampshire-financial-services-champion-patricia-grauwiler-enterprise-bank -
From Servings One’s Country to Serving Homemade Diner Cuisine
https://www.sba.gov/success-story/servings-ones-country-serving-homemade-diner-cuisine… he graduated, Berke and wife Cailin obtained an SBA 7(a) loan from Ledyard Bank to purchase ‘Lou’s Restaurant & Bakery.’ Berke utilized the loan to purchase equipment and inventory. As a second phase, … Berke acquired the business real estate using an SBA 504 loan with the help of their lender and Granite State … -
MONDAY: SBA Administrator Will Visit Nashville, TN To Highlight Economic Recovery
https://www.sba.gov/article/2021/oct/01/monday-sba-administrator-will-visit-nashville-tn-highlight-economic-recovery -
Independent Auditors’ Report on SBA’s Fiscal Year 2022 Financial Statements
https://www.sba.gov/document/report-23-02-independent-auditors-report-sbas-fiscal-year-2022-financial-statements… the Paycheck Protection Program, Economic Injury Disaster Loan program, the Restaurant Revitalization Fund, and … and Prepayments Downward Reestimate Payable to Treasury Loan Guarantee Liabilities For the period ended September … -
Two People Sentenced for Stealing Nearly $300,000 in COVID-19 Relief Money
https://www.sba.gov/article/2025/05/29/two-people-sentenced-stealing-nearly-300000-covid-19-relief-money… expenses. Another program, the Economic Injury Disaster Loan (EIDL) program, provided low interest loans that could … -
Peggy E. Gustafson, Inspector General, U.S. Small Business Administration, Before the Small Business and Entrepreneurship Committee, United States Senate, March 3, 2011
https://www.sba.gov/article/2011/mar/10/peggy-e-gustafson-inspector-general-us-small-business-administration-small-business-entrepreneurship… to answer any questions about the SBA OIG’s work in SBA loan and other programs. Criminal and Civil Fraud Cases and … arising under SBA preferential contracting programs, the amount of loss to the Government would equal the amount paid on the contract. In addition, the OIG proposal … -
Administrator Loeffler Applauds House Passage of “Save SBA from Sanctuary Cities Act”
https://www.sba.gov/article/2025/06/05/administrator-loeffler-applauds-house-passage-save-sba-sanctuary-cities-act… this year, the agency announced it would require SBA loan applications to include a citizenship verification … eligible applicants have access to taxpayer-funded SBA loan programs. # # # About the U.S. Small Business … -
Executive Transportation Drives through Crisis with SBA-backed Programs
https://www.sba.gov/success-story/executive-transportation-drives-through-crisis-sba-backed-programs… led him to be the first business his bank provided a PPP loan to. As soon as it received the PPP loan, Executive Transportation hired everyone back. Some … -
K Clean/Sweep-Rite
https://www.sba.gov/success-story/k-cleansweep-rite… Business certifications in July 2009, as well as a loan through LiftFund. K Clean/Sweep-Rite had struggled in the past with obtaining local funding, and the LiftFund loan was critical to the company’s expansion into being a … -
Self-Employment Tax Wrinkles
https://www.sba.gov/blog/self-employment-tax-wrinkles… applies to all net earnings. There’s no exemption for this amount. Optional payments Self-employed individuals who have … -
Federal Grant Provides Laughs
https://www.sba.gov/success-stories/federal-grant-provides-laughs… equal to 45% of their gross earned revenue up to a maximum amount of $10 million for a single grant. Miller said she … in 2020 due to the pandemic. “We have spent a significant amount already. We’ve spent it on talent, staff, rent, … -
5 Ways to Enhance the Power of Your Business Credit Profile
https://www.sba.gov/blog/5-ways-enhance-power-your-business-credit-profile… for your business to qualify for a line of credit or loan. The good news is the major business credit reporting … -
ICYMI: SBA Administrator Provides Maui Recovery and Relief Update in Interview with Hawaii News Now
https://www.sba.gov/article/2023/09/19/icymi-sba-administrator-provides-maui-recovery-relief-update-interview-hawaii-news-now… (DRCs) 3 Business Resource Centers (BRCs) 1 Portable Loan Outreach Center (PLC) 1 Joint Field Office/Interim … -
Robin Tucker Blankets the Area with Comfort and Careers
https://www.sba.gov/success-story/robin-tucker-blankets-area-comfort-and-careers… need to obtain an SBA EIDL (Economic Impact Disaster Loan). To her surprise, Hunt answered the next day. “Dr. Hunt … the country to receive this special SBA, long-term direct loan offering a 30-year payment plan and low interest rate. … -
SBA Honors 2022 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
https://www.sba.gov/article/2022/apr/11/sba-honors-2022-phoenix-award-champions-outstanding-disaster-recovery-efforts… for nine months. An SBA $110,000 disaster business loan helped Brittany Moog rebuild Bitty Bubbles Swim School … instructors. An SBA COVID-19 Economic Injury Disaster Loan (EIDL) helped bridge the gap for expenses over the closedown from COVID-19 that the PPP loan did not cover and gave Bitty Bubbles to stay in … -
Audit Report 09-12: Review of SBA's National Guaranty Purchase Center Furniture Contract
https://www.sba.gov/document/report-09-12-audit-report-09-12-review-sbas-national-guaranty-purchase-center-furniture-contract… not repay the debt, the SBA inappropriately reduced the amount owed to $66,503, an amount based on unpaid invoices for work that the contractor … -
SBA Business Recovery Center in East Providence Will Remain Open to Jan. 26; Center Will Close for MLK DAY
https://www.sba.gov/article/2024/01/11/sba-business-recovery-center-east-providence-will-remain-open-jan-26-center-will-close-mlk-day… at the BRC to answer questions about the disaster loan program and help business owners complete their … -
May is World Trade Month
https://www.sba.gov/blog/may-world-trade-month-0… businesses reach the global marketplace. The SBA’s export loan programs assist U.S. small businesses in accessing the …