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https://www.sba.gov/document/report-17-12-sbas-fy-2016-compliance-improper-payments-elimination-recovery-act… rate that exceeded the 10 percent threshold; and 7(a) loan guaranty purchases did not meet their annual reduction … the effectiveness of improper payment controls over 7(a) loan guaranty purchases that SBA agreed to address. We …
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Independent Retailer Month Is a Great Time to Start a Business
https://www.sba.gov/blog/2023/2023-06/independent-retailer-month-great-time-start-business… their risk and increasing the likelihood that your loan will be approved. Through Lender Match , the SBA … -
The Show Will Go On Thanks to Help from the SBA
https://www.sba.gov/success-story/show-will-go-thanks-help-sba… Draw Events received an Economic Injury Disaster Loan in August 2020, as well as an EIDL Advance. Those funds … We want to get back to making profits and the EIDL loan, a lifesaver in 2020, is helping us do that.” As we all … -
READOUT: Administrator Guzman Joined Reps. Dwight Evans and Chrissy Houlahan in Philadelphia to Celebrate Black History Month and Highlight President Biden’s American Rescue Plan
https://www.sba.gov/article/2022/mar/03/readout-administrator-guzman-joined-reps-dwight-evans-chrissy-houlahan-philadelphia-celebrate-black… visited Community First Fund, an SBA Microlender and 7(a) Loan Guaranty Lender that provides loans, training, and … Fund (RRF), and COVID Economic Injury Disaster Loan (COVID EIDL) and used it to fund her payroll and for … -
SBA Kicks Off Young Entrepreneur Series
https://www.sba.gov/article/2016/sep/06/sba-kicks-young-entrepreneur-series… Entrepreneurship among young people remains below average and young entrepreneurs face unique challenges. With youth unemployment twice the national average in many communities, particularly communities of … -
SBA celebrates 66 years of powering the American Dream
https://www.sba.gov/blog/sba-celebrates-66-years-powering-american-dream -
Breathing New Life into Hidden Local Treasures
https://www.sba.gov/success-story/breathing-new-life-hidden-local-treasures… utilized the Small Business Administration’s (SBA) 504 loan program through Bangor Savings Bank and Granite State … thrilled to find out that the SBA would be paying their loan for 6 months under the agency’s debt relief program. … -
Law School vs. Chef and Business Owner
https://www.sba.gov/success-story/law-school-vs-chef-and-business-owner… scale rapidly. Most recently, Chan has utilized an SBA 504 loan guarantee to build his new restaurant in another area of … to retain his employees; and an Economic Injury Disaster Loan (EIDL) from the SBA to keep his business operational. … -
Tax Issues for Your Business in a Rising Interest Rate Environment
https://www.sba.gov/blog/tax-issues-your-business-rising-interest-rate-environment… The limitation does not apply to businesses with average annual gross receipts in the three prior years not … $25 million. Once business revenues exceed this threshold amount, the limitation applies. Electing business exception. … -
SBA Administrator Kelly Loeffler Calls on California Governor Gavin Newsom to Request Disaster Declaration for Small Businesses Impacted by L.A. Riots
https://www.sba.gov/article/2025/06/09/sba-administrator-kelly-loeffler-calls-california-governor-gavin-newsom-request-disaster-declaration… Gavin Newsom to request an SBA Economic Injury Disaster Loan (EIDL) Declaration to authorize the agency to begin … -
International Construction Expert Puts Down Entrepreneurial Roots in Omaha, Nebraska
https://www.sba.gov/success-stories/international-construction-expert-puts-down-entrepreneurial-roots-omaha-nebraska… resilience was obtaining an SBA Economic Injury Disaster Loan (EIDL) and two rounds of Paycheck Protection Program … for the economy from all aspects.” Coupled with the EIDL loan, Santo is confident that he “can turn this thing around … -
Readout of SBA Administrator Guzman’s Attendance at the 2023 White House Tribal Nations Summit at White House
https://www.sba.gov/article/2023/12/08/readout-sba-administrator-guzmans-attendance-2023-white-house-tribal-nations-summit-white-house -
Nature’s Own Herb Shop, Inc.
https://www.sba.gov/success-story/natures-own-herb-shop-inc -
SBA Announces Made in America Manufacturing Initiative
https://www.sba.gov/article/2025/03/10/sba-announces-made-america-manufacturing-initiative… full month in office — a swift turnaround after losing an average of 9,000 manufacturing jobs per month in the final … across the country. Reduce barriers to access for the 504 loan program , a zero-subsidy program which provides capital … -
Adding Creativity to the Trades with Help from the SBA and Partners
https://www.sba.gov/success-story/adding-creativity-trades-help-sba-and-partners… round of funding, SWIF helped them get a bigger SBA-backed loan to expand their equipment and capabilities, which … on creativity in manufacturing.” According to Flood, “The average age in the industry is near 50 and we felt like we … -
Company Uses SBA 8(a), HUBZone and PPP to Grow and Survive the Pandemic
https://www.sba.gov/success-story/company-uses-sba-8a-hubzone-and-ppp-grow-and-survive-pandemic… to increase safety. Grōt, Inc. received a PPP forgivable loan in April 2020. Paperwork was processed within 48 hours. … -
SBA Resources to Help Entrepreneurs Start and Grow Their Business
https://www.sba.gov/blog/sba-resources-help-entrepreneurs-start-grow-their-business -
From Cleaning Homes to Helping Employees Purchase Them
https://www.sba.gov/success-story/cleaning-homes-helping-employees-purchase-them… NSCD assisted Superb Maids in receiving an $85,000 SBA 504 Loan. Superb Maids is now a leading Las Vegas residential … from $48,000 to $1.1 million in annual sales in a short amount of time. They currently serve over 4,400 clients … -
SBA Administrator Guzman, Senator Markey Unveil Green Lending Initiative
https://www.sba.gov/article/2024/07/23/sba-administrator-guzman-senator-markey-unveil-green-lending-initiative… to enroll additional climate lenders in the SBA’s loan programs. The initiative will employ SBA loan guarantees to attract additional private capital in … -
SBA Veterans Small Business Advisory Committees to Host Public Meetings on March 6-7
https://www.sba.gov/article/2024/02/29/sba-veterans-small-business-advisory-committees-host-public-meetings-march-6-7… updates Robert Blocker , Supervisory Financial and Loan Specialist, Disaster Loan Division, Office of Financial Assistance ACVBA Committee …