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READOUT: SBA Administrator Isabella Casillas Guzman visits Kansas City
https://www.sba.gov/article/2022/oct/18/readout-sba-administrator-isabella-casillas-guzman-visits-kansas-city… aid programs such as a COVID Economic Injury Disaster Loan (EIDL), Restaurant Revitalization Fund (RRF) award, and … Kansas businesses. The El Centro corporation secured a PPP loan during the pandemic. Administrator Guzman and Sen. … from PPP. The business also received an SBA 7(a) loan to remodel the restaurant. Administrator Guzman and Sen. … -
Army Veteran Rose from Manager to Owner of Emporia Business
https://www.sba.gov/success-story/army-veteran-rose-manager-owner-emporia-business… and purchase of the building and additional property. The loan processing, that included an environmental study, was finalized in late 2018. Drake closed the loan on February 15, 2019. “The loan could have been closed earlier, but the government … -
The Best Kept Secret in Concord with the Best View of New Hampshire’s State House
https://www.sba.gov/success-story/best-kept-secret-concord-best-view-new-hampshires-state-house… in the Lakes Region. With the help of an SBA guarantee loan provided by TD Bank, they outfitted the building into a … Revitalization Fund (RRF), the Paycheck Protection Program Loan (PPP), and payment of their original start-up loan. Recently, the Dolpies’ welcomed Congresswoman Annie … -
Fanestil Meats Accelerates Growth, Promoting 'Made in Kansas'
https://www.sba.gov/success-story/fanestil-meats-accelerates-growth-promoting-made-kansas… When an initial soil sample tested positive for a small amount of oil, a more thorough environmental test proved the … facility in October 2021 after obtaining SBA 7(a) and 504 loan financing. Dan Smoots complimented the assistance … a financing deal. “My lender recommended I use the SBA loan program, and it was approved,” said Smoots. The Smoots … -
The SBA Looks to Help Hispanic-Owned Small Businesses Build on Their Historic Momentum
https://www.sba.gov/blog/sba-looks-help-hispanic-owned-small-businesses-build-their-historic-momentum -
Fresh Baked Success: German Inspired Bakery Becomes Delaware Staple
https://www.sba.gov/success-story/fresh-baked-success-german-inspired-bakery-becomes-delaware-staple… remain stable and viable during the pandemic. These loan programs have enabled the Bavarian Bakery and Deli to … -
Tips for Small Business Vendors This National Farmers Market
https://www.sba.gov/blog/2023/2023-07/tips-small-business-vendors-national-farmers-market… into play. The SBA’s largest financing program, the 7(a) Loan Program , helps businesses that meet eligibility … in expanding into export sales, the International Trade loan program can help you compete globally. And if you’ve … -
Sell Overseas Just in Time for the Holidays
https://www.sba.gov/blog/sell-overseas-just-time-holidays -
National Small Business Week cosponsors hosting training webinars May 2-5
https://www.sba.gov/article/2016/apr/12/national-small-business-week-cosponsors-hosting-training-webinars-may-2-5-0… Participants will learn background on the small business loan market and providers as well as how to identify the … -
Bella Fashion
https://www.sba.gov/success-story/bella-fashion… from her home. The business grew, and with a small loan and assistance from PPEP, she was able to start selling … Western College, she succeeded in getting a $15,000 EIDL loan. Mary also helped Leticia develop new marketing … “Immensely grateful for the assistance with the disaster loan and for the counseling to help overcome the challenges … -
The Sweet Smell of Success
https://www.sba.gov/success-stories/sweet-smell-success… to securing an SBA-backed Community Advantage Recovery loan from the New York Business Development Corporation (NYBDC). The loan was used to buy equipment, purchase inventory, and fund … Community Advantage Loan Program In the Community Advantage program, … -
Encore Entrepreneur in McPherson Building a Paragon of Excellence in Metal Manufacturing
https://www.sba.gov/success-story/encore-entrepreneur-mcpherson-building-paragon-excellence-metal-manufacturing… in McPherson and SCKEDD to put together a SBA 7(a) and 504 loan package to purchase equipment. Paul Williford resigned … helped Paragon’s cash flow by deferring their SBA loan payments during the COVID-19 crisis. Peoples Bank and … do it over again, I would have planned to have triple the amount of raw material inventory and working capital. … -
5 Considerations When Choosing Hardware for your Business
https://www.sba.gov/blog/5-considerations-when-choosing-hardware-your-business… computers to thumb drives. Basically, this describes the amount of information that a device can store for you to … and photos to complicated programs and applications. The amount of storage you have available can also impact … devices. But with all of those things considered, the amount of storage on your devices needs to be well above what … -
SBA recognizes Latino entrepreneurs during Hispanic Heritage Month
https://www.sba.gov/blog/sba-recognizes-latino-entrepreneurs-during-hispanic-heritage-month… Hispanic-owned businesses, that share rises to 44%. On average, Latina-owned businesses that employ workers create an average of seven jobs and have $766, 000 in annual sales. … times the size. In 2016, Lorena got an SBA-guaranteed 7(a) loan to open a second storefront. This year, she will open … -
Disaster/Emergency Tips for Small Businesses
https://www.sba.gov/blog/disasteremergency-tips-small-businesses… , considering applying for an SBA disaster assistance loan . These loans can help businesses of all sizes repair or … that was damaged during the disaster. An SBA disaster loan can also help you cover operating expenses while you … -
Crest Haven Farm Market grows with SBA’s technical assistance and pandemic programs
https://www.sba.gov/success-story/crest-haven-farm-market-grows-sbas-technical-assistance-pandemic-programs… SBA-guaranteed financing from M&T Bank. SBA’s most common loan guaranty program is the 7(a) program. This is the best … SBA Eastern Pennsylvania Director. “We are proud our SBA loan programs helped them purchase Crest Haven Farm Market … for both SBA PPP funding and for the SBA-guaranteed loan through M&T Bank,” said Shawn Snyder, Co-owner, Crest … -
Second Generation Success with Support from SBA
https://www.sba.gov/success-story/second-generation-success-support-sba… the Paycheck Protection Program (PPP) and a COVID EIDL loan. In 2023, CDI received a 504 loan from Falcon National Bank to upgrade of their new office … needed to undergo a complete remodel. With the help of the loan, CDI was able to install a new roof, modernize with … -
Woman-powered PR is not all that bad
https://www.sba.gov/success-story/woman-powered-pr-not-all-bad… that period, Junapr secured a Paycheck Protection Program loan and an Economic Injury Disaster Loan through the Small Business Administration to help the firm get through the pandemic. PPP was a forgivable loan to help small businesses keep their workforce employed … -
Husband and Wife Team Print a Success!
https://www.sba.gov/success-story/husband-and-wife-team-print-success… Forge,” said Brooks, “who worked with SBA to guarantee the loan.” Brooks did not have many sources of credit at the … but he secured a $50,000 Microloan through Forge Community Loan Fund, an SBA approved Microlender. “Something as small … he intends to apply for another SBA-backed small business loan to grow his operations. …