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https://www.sba.gov/article/2020/sep/16/minnesota-investment-firm-named-small-business-investment-company-year… Small Business Person of the Year, will be honored in a virtual event that will be held September 22-24, 2002, … nation’s small businesses look to pivot and recover toward a stronger economy. Spell Capital Mezzanine was selected … subordinated debt and non-control equity to businesses in a variety of industries across the United States. It …
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Maine Small Business Manufacturer of the Year
https://www.sba.gov/success-story/maine-small-business-manufacturer-year… 40 years, Central Maine has been home to Liberty Graphics, a small screen printing and design company. The founder, Tom … and his partner Beverly Kocenko started the business in a small trailer, making small batches of unique t-shirts for … Graphics was gaining the Common Ground Country Fair as a customer. Mainers from across the state can quickly … -
SBA Announces National Veterans Small Business Week
https://www.sba.gov/article/2023/10/23/sba-announces-national-veterans-small-business-week… and local organizations across the country will host a series of virtual and in-person events to highlight the … help 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 … -
Local Professor Beats Cancer and Fulfills Childhood Dream
https://www.sba.gov/success-story/local-professor-beats-cancer-fulfills-childhood-dream… was diagnosed with Stage 2 Non-Hodgkins lymphoma, a cancer of the immune system, that usually starts in the … you’ve been talking about your childhood dream of owning a vacuum repair store, I’m going to send you to the Small … up a line of credit that enabled him to land a start-up loan. Three years later, in 2018, he opened the doors to High … -
SBA Unveils New Web Site and Launches SBA Direct - A New Tool Delivering Personalized and Targeted Resources
https://www.sba.gov/article/2016/aug/24/sba-unveils-new-web-site-launches-sba-direct-new-tool-delivering-personalized-targeted-resources… SBA Unveils New Web Site and Launches SBA Direct - A New Tool Delivering Personalized and Targeted Resources … information, SBA Administrator Karen Mills today unveiled a newly re-designed SBA website . The new site also features … many, including record growth capital financing, expedited loan approvals and the acceleration of disaster assistance … -
SBA Revises Employee-Based Size Standards for Manufacturing and Other Industry Sectors
https://www.sba.gov/article/2016/jan/28/sba-revises-employee-based-size-standards-manufacturing-other-industry-sectors-0… industries with employee-based size standards that are not a part of NAICS Sector 31-33, Sector 42 (Wholesale Trade), … rule also eliminates the requirement that 90 percent of a refiner’s output being delivered should be refined by the … and will make more small businesses eligible for SBA’s loan programs. When reviewing size standards, SBA takes into … -
Supporting Women’s Entrepreneurship is now more important than ever
https://www.sba.gov/blog/supporting-womens-entrepreneurship-now-more-important-ever… of women entrepreneurs hasn’t happened by accident. A big part of the growth of women-owned small businesses is … and job growth for the businesses they served -- $1.7 billion in revenue and 17, 000 new job creations. Research … plan, connecting with a business mentor, or receiving a loan to start or grow their businesses, each woman can access … -
Statement by SBA Administrator Guzman on President Biden’s State of the Union Address
https://www.sba.gov/article/2024/03/08/statement-sba-administrator-guzman-president-bidens-state-union-address -
Bubba Restaurant Celebrates Economic Recovery with PRIDE
https://www.sba.gov/success-stories/bubba-restaurant-celebrates-economic-recovery-pride… Celebrates Economic Recovery with PRIDE Pride is a common theme these days for Chris Diebel. The co-owner and … and ongoing support of the LGBTQ community despite a very challenging year. His positive outlook resonates as … LGBTQ-owned businesses with an economic impact of $1.7 trillion. The LGBTQ business community’s influence … -
SBA Administrator Guzman Heralds SBA’s Second-Annual Season of Small Business™
https://www.sba.gov/article/2024/12/02/sba-administrator-guzman-heralds-sbas-second-annual-season-small-businesstm… America has seen unprecedented entrepreneurialism with a record 20 million business applications filed since … of all backgrounds and experiences. Yet they are united by a singular belief in what is possible. As the President often … To learn more about the SBA’s loan programs, financial assistance, and other services, … -
DAP Construction Management, LLC
https://www.sba.gov/success-story/dap-construction-management-llc… strategic thinking, adaptability, team collaboration and a willingness to seek answers are among the attributes of a good soldier and of a potentially successful small business … weather the COVID crisis Alicia took advantage of the PPP loan program, receiving $147,000 in funds to support the … -
SBA Recognizes Regions Bank and Berkshire Bank at Annual SBA Export Lenders’ Roundtable
https://www.sba.gov/article/2020/feb/06/sba-recognizes-regions-bank-berkshire-bank-annual-sba-export-lenders-roundtable… Trade honored Regions Bank and 44 Business Capital, a division of Berkshire Bank, as the 2019 SBA Export Lenders … Lenders of the Year: Regions Bank and 44 Business Capital, a division of Berkshire Bank. The export financing provided … Berkshire Bank has originated over $500 million in SBA 7(a) loans in the past nine years and is the nation’s leading … -
Biden-Harris Administration to Expand Support for Veteran Small Business Owners
https://www.sba.gov/article/2023/04/21/biden-harris-administration-expand-support-veteran-small-business-owners… grow their businesses and advance our economy.” “VBOCs are a one-stop shop for business training, counseling, and … and military spouses interested in starting or growing a small business,” said Timothy Green , Acting Associate … receiving grants from the SBA have demonstrated a commitment to addressing challenges that veteran-owned … -
Top 10 Business Credit Terms Small Business Owners Should Know
https://www.sba.gov/blog/top-10-business-credit-terms-small-business-owners-should-know… Terms Small Business Owners Should Know April 18, 2019 As a small business owner, it is important to have an … etc. 5. Collateral – Any assets used to secure credit or a loan for the business is collateral and can be tangible or … gross profit shows up on the company’s income statement. 7. Line of Credit – A line of credit for a business is an … -
SBA Administrator Announces $1 Million for Grant Awardees to Expand Resources for Veteran Entrepreneurs
https://www.sba.gov/article/2024/08/27/sba-administrator-announces-1-million-grant-awardees-expand-resources-veteran-entrepreneurs… network of Veterans Business Outreach Centers has been a top priority of the Biden-Harris Administration as we work … Transition Assistance Program. Grants will support a range of services, including: Business planning: Providing … the U.S. Virgin Islands For more information or to find a VBOC near you, visit www.sba.gov/vboc . To learn more … -
Powder River Industries, Clarke: It's all about service
https://www.sba.gov/success-story/powder-river-industries-clarke-its-all-about-service… Powder River Industries of Laramie, WY embarked out of a commitment to service and the military community. Through … the passion of CEO Yolanda Clarke, the idea that became a business in 2016 has grown into a thriving subcontractor, … Women’s Business Center, Clarke has also employed SBA Loan Programs to help finance the growth of her business. … -
A Business that Popped Up
https://www.sba.gov/success-story/business-popped… A Business that Popped Up What challenge did you have? Neal … along with his wife, Minetta. The couple wanted to bring a wide array of gourmet popcorn flavors to the Central … Protection Program and an Economic Injury Disaster Loan (EIDL) during the pandemic to stay in business. Crosier … -
Minority-Owned Roofing Company Adds Competitive Edge with SBA Programs
https://www.sba.gov/success-story/minority-owned-roofing-company-adds-competitive-edge-sba-programs… Edge with SBA Programs Advanced Design Contracting is a construction company known for installing roofing systems … the General Services Administration. He went on to use the 7(j) Management and Technical Assistance Program to add DCAA … Protection Program and the Economic Injury Disaster Loan Program to help the company continue operations and move … -
Million-Dollar Mentors Make Mark with Regional Award
https://www.sba.gov/success-story/million-dollar-mentors-make-mark-regional-award -
Linda McMahon Confirmed By Senate as SBA Administrator
https://www.sba.gov/article/2017/feb/16/linda-mcmahon-confirmed-senate-sba-administrator-2… said upon her confirmation. “I will work to revitalize a spirit of entrepreneurship in America. Small businesses want to feel they can take a risk on an expansion or a new hire without fearing onerous new regulations or …