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… List The OIG is issuing this evaluation to assess whether SBA effectively implemented internal controls when using the … to assess whether the U.S. Small Business Administration (SBA) effectively implemented internal controls when using the … if not, we recommend the agency work to recover the funds. SBA management partially agreed with our recommendation, …
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7(a) Fees Effective October 1, 2024, for Fiscal Year 2025
… Effective October 1, 2024, for Fiscal Year 2025 Each year SBA reviews certain fees payable by 7(a) lenders and … announces: The 7(a) Lender’s Annual Service Fee and the SBA Guaranty Fee (also known as the Upfront Fee) for 7(a) … | Download .pdf for / July 23, 2024 Related programs: 7(a) SOP 50 10 Lender and Development Company Loan Programs Remove … -
Disaster Assistance Program
… Disaster Assistance Program This SOP covers disaster assistance loans, including eligibility, use of proceeds, and the application process. SOP 50 30 9 This SOP covers disaster assistance loans, including eligibility, … -
Preferred Surety Bond Program
… Surety Bond Program This Standard Operating Procedure (SOP) provides guidelines for the management and … administration of the Preferred Surety Bond (PSB) Program. SOP SOP 50 49 Effective: January 24, 2021 | File size: 511KB | … -
Entrepreneurship for Military Spouses
… make incredible sacrifices as well. Linda McMahon Former SBA Administrator Linda McMahon served as the 25th … Administrator of the U.S. Small Business Administration (SBA) from 2017 to 2019. Read more about Linda McMahon We are … skills they need to be entrepreneurs, just like Cole. The SBA and its partners have loads of resources, both online and … -
CDC Best Practices Guidance - Findings of No Unremedied Substantial Adverse Change
… with the closing of a 504 loan, 13 CFR § 120.892(c) and SOP 50 10 require a CDC to issue an opinion that to the best … 504 loan since the submission of the loan application to SBA (“CDC Finding”). CDCs that do not have ALP or PCLP status must submit the CDC Finding to SBA’s Sacramento Loan Processing Center (“SLPC”) and obtain … -
WHAT THEY ARE SAYING: Corporate America, Chambers, Local Small Business Leaders Applaud New SBDA Digital Initiative for Entrepreneurs
… between the U.S. Small Business Administration (SBA) and Business Forward, Inc. , connecting small businesses … grow their business online. Meta is proud to support the SBA and Business Forward in this endeavor.” Jim Magats, SVP … Detroit." Media INC | Need an E-Commerce Makeover? New SBA Resource Hub Has Free Tools for You : “Working with the … -
Fighting Through COVID-19 and Other Crises
… was impacted by the COVID-19 pandemic. Solution: How the SBA Helped In March 2020, Rhonda applied for SBA loans specifically for COVID-19. Rhonda Hatfield had used … opened a second location in 2007. Rhonda had obtained an SBA 504 loan to renovate the first childcare center in 2003, … -
William Briggs Sworn in as Deputy Administrator of the U.S. Small Business Administration
… of the U.S. Small Business Administration at the SBA headquarters in Washington, D.C. “I’m pleased to welcome Deputy Administrator Bill Briggs to the SBA as part of an incredible leadership team that is hard at … work delivering results for America’s job creators,” said SBA Administrator Kelly Loeffler. “With a strong record of … -
PA Businesses Approved for over $9.9 Billion in Paycheck Protection Program Loans
… the loans approved were for amounts under $150,000. “The SBA and our partner federal agencies alongside state and … to protect public health and the future of small business. SBA’s top priority is to ensure small businesses can continue … to the state’s economy, and our nation,” said SBA Mid-Atlantic Regional Administrator Steve Bulger. In the … -
Accredited Lenders Program (ALP) and Premier Certified Lenders Program (PCLP) Application and Renewal Requirements Guide for CDCs
… This guide is intended to supplement the applicable SBA rules, regulations and policies and not to replace or … between this general list of requirements and applicable SBA rules, regulations and policies, the applicable SBA … and Errors and Omissions insurance as required in SOP 50 10 5(H) Subpart A Ch3.II.B.8. List of Designated … -
Navigating the Alphabet Soup of Export Assistance
… the Alphabet Soup of Export Assistance May 8, 2018 SBA conducted a Listening Session with eight successful small … Business Exporter Summit in Baltimore, MD on March 21. SBA conducted a Listening Session with eight successful small … To find your nearest SBDC, please visit: https://www.sba.gov/tools/local-assistance/sbdc . Taking advantage of … -
FRIDAY: Biden-Harris Cabinet Member to Travel to Iowa
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for … devastating tornadoes earlier this year and assess SBA recovery efforts on the ground. In the morning, … will visit a local small business to discuss the impact of SBA resources during recovery. The Administrator will then … -
READOUT: Administrator Guzman Joined Reps. Horsford and Titus in Las Vegas to Meet with Local Small Business Leaders and Celebrate AANHPI Heritage Month
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice for America’s 32.5 million small … and Jobs Act (Bipartisan Infrastructure Law) . And, the SBA is committed to making sure capital, revenue growth … in recent years. Administrator Guzman highlighted the SBA’s work to advance equity and access to resources and … -
Report 9-11 – SBA-Serviced Liquidation of Certified Development Company Loans
… Report 9-11 – SBA-Serviced Liquidation of Certified Development Company Loans Report 9-11 – SBA-Serviced Liquidation of Certified Development Company … established in the Agency’s standard operating procedure (SOP) 50 51(2). Our analysis focused on whether SBA pursued … -
New York & Minnesota Investment Firms Named SBIC of the Year
… the Year award by the U.S. Small Business Administration (SBA). These winners, along with other national winners and … Small Business Week in Washington, D.C. on May 1-2. SBA Administrator Maria Contreras-Sweet will be presenting all awards. The SBA’s Office of Investment and Innovation administers the … -
FL 14748 - La Fecha Límite para solicitar Préstamos para Pérdidas Económicas en la Florida es el 23 de marzo
… Agencia Federal para el Desarrollo de la Pequeña Empresa (SBA por sus siglas en inglés) les recuerda a las pequeñas … y quieren solicitar para préstamos de bajo interés de SBA son alentados a hacer eso antes de la fecha límite de 23 de marzo” dijo Frank Skaggs, Director de la SBA del Centro de Operaciones del Este. Préstamos de bajo … -
Louisiana Small Business Owner Named 2024 National Small Business Person of the Year
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for … in their communities, has been a cornerstone of t he SBA’s annual NSBW celebrations for more than 60 years. During NSBW 2024, the SBA is honoring business owners, lending partners, and … -
TUESDAY: U.S. Small Business Administration to Convene Third Annual Women’s Business Summit
… WASHINGTON – The U.S. Small Business Administration (SBA) will hold its third annual Women’s Business Summit on … more than 37,000 participants have participated in the SBA’s Women’s Business Summit, which highlights resources and offerings by the SBA and its partners. The 2023 Women’s Business Summit … -
MONDAY: Biden Cabinet Member to Ring NYSE Closing Bell, Visit Local Small Businesses
… Local Small Businesses NEW YORK – On Monday, July 31, SBA Administrator Isabella Casillas Guzman , the voice in … New York City to celebrate the 70th anniversary of the SBA. Administrator Guzman will visit with local small … she will ring the closing bell at 4 p.m. ET to mark the SBA’s anniversary and celebrate the immense possibility of …