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… declaration, the U.S. Small Business Administration (SBA) announced the availability of low interest federal … loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations … of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. EIDLs are for working capital …
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Consolidation of Initial Disaster Assistance in Response to Hurricanes Harvey, Irma, and Maria
… of Inspector General conducted three inspections to assess SBA’s initial disaster assistance response. We reviewed SBA’s staffing adequacy, loan application volume, and … Harvey, Irma, and Maria presented challenges for SBA. However, within 9 days of Hurricane Harvey, the agency … -
Tropical Storm Ernesto Relief Still Available to U.S. Virgin Islands Nonprofits: Don’t Miss the Deadline to Apply!
… Apply! ATLANTA - The U.S. Small Business Administration (SBA) is reminding eligible Private Nonprofit (PNP) … Assistance grant or whether the PNP should be referred to SBA for disaster loan assistance. On Oct. 15, 2024, it was … of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation … -
U.S. Small Business Administration and U.S. Department of Agriculture Strengthen Partnership to Create Jobs and Economic Growth in Rural America
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s … 33 million small businesses, announced today that the SBA is strengthening its longstanding partnership with the … and serving communities,” said Administrator Guzman. “The SBA’s partnership with USDA will build upon the Biden-Harris … -
Deadline to Apply for Physical Damage Loans Approaching in Pennsylvania
… ATLANTA – The U.S. Small Business Administration (SBA) is reminding businesses, private nonprofit … destroyed personal property, including personal vehicles. SBA can also lend additional funds to businesses and … 20 percent of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation … -
U.S. Small Business Administration Announces 2023 Exporter of the Year
… – Today, the U.S. Small Business Administration (SBA) announced that Sciencix , headquartered in North … of the Year. The company will be recognized during SBA’s National Small Business Week , an annual event … growing list of clients around the globe, Sciencix has put SBA’s trade tools to work to grow and diversify their revenue … -
Administrator Loeffler Orders Full-Scale Audit of 8(a) Contracting Program
… Administrator of the U.S. Small Business Administration (SBA), announced that she has directed the SBA’s Office of General Contracting and Business Development … officer and two 8(a) contractors. “In recent years, SBA’s 8(a) Business Development Program has seen rampant … -
Second White Paper: Risk Awareness and Lessons Learned from Audits and Inspections of Economic Injury Disaster Loans
… Disaster Loans Report 20-12 This White Paper is to provide SBA information regarding lessons learned and identified … on existing controls. This document is intended to assist SBA with ensuring program integrity, program goals and … Act (CVPR Act) deemed COVID-19 a disaster and authorized SBA to provide EIDLs to businesses and nonprofits affected by … -
Grilling Up New Ideas for a WOSB, Rural Manufacturing Company
… the business and create growth opportunities. How the SBA helped In 2007, a major chain store placed an order for … the area Small Business Development Center (SBDC), an SBA resource partner that provides no-fee, high quality … company to obtain several commercial bank loans and two SBA 7(a) loans. When COVID-19 struck, Debra applied for a … -
Deadline Approaching for Private NonProfit Organizations in Minnesota to Apply for Economic Injury Disaster Loans
… Loans ATLANTA – The U.S. Small Business Administration (SBA) is reminding private nonprofit organizations (PNPs) in … libraries, community centers, schools and colleges. The SBA offers federal Economic Injury Disaster Loans (EIDLs) to … organization suffered any physical property damage. The SBA sets loan amounts and terms based on each applicant’s … -
State Trade Expansion Program (STEP)
… trade show exhibits and training workshops Check out the SBA Grants for Global Expansion webinar to learn more about … 12 Fiscal Year 2024 Notice of Funding Opportunity (NOFO) SBA is now accepting proposals for funding from eligible … The program is managed at the national level by SBA’s Office of Manufacturing and Trade . Short URL: … -
Administrator Guzman Announces Transformation of Customer Experience for Federal Contracting Certifications
… new applicants in September — is a key component of the SBA’s multi-year transformative modernization of the agency’s … Guzman . “Under the Biden-Harris Administration, the SBA has been elevating customer experience and modernizing … technology, defense, and other vital industries. The SBA’s federal contracting certification programs enable … -
U.S. Small Business Administration Announces First-Ever Season of Small Business Campaign
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the SBA’s first-ever Season of Small Business campaign. Under … communities. During the Season of Small Business, the SBA encourages everyone to shop local, dine small, and … -
In Less Than Two Weeks, Paycheck Protection Program Direct Borrower Forgiveness Portal Surpasses Expectations, Accepts More Than 340K Submissions
… In providing its new, streamlined portal, the SBA is also executing the Biden-Harris … loans,” said Patrick Kelley, Associate Administrator for SBA’s Office of Capital Access . “Already, we've seen … In the two weeks since the portal opened, the SBA has received over three times the number of submissions … -
Guidance on Using NAICS 2022 for Procurement
… Guidance on Using NAICS 2022 for Procurement SBA advises all procurement professionals not to use the … when preparing solicitations and awarding contracts until SBA updates its small business size standards to NAICS 2022, which SBA anticipates implementing on October 1, 2022. On December … -
Former Federal Employee and Two Other Women Plead Guilty in Pandemic Fraud Cases
… Guilty in Pandemic Fraud Cases Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … Rena Barrett, a former Small Business Administration (“SBA”) loan officer, pled guilty on August 11, 2025 to making false statements to the SBA in connection with applications for more than $550,000 in … -
Federal Government Awards Record-Breaking $145.7 Billion in Contracting to Small Businesses
… an extremely challenging year for small businesses, the SBA is proud to announce that our nation’s entrepreneurs used … $13 billion increase from the previous fiscal year,” said SBA Administrator Isabel Guzman. “However, we know that … : The individual agency scorecards released today by the SBA, as well as a detailed explanation of the methodology, is … -
Economic Injury Disaster Loans Still Available to Kansas Businesses Hit by May Drought: Don’t Miss the Deadline to Apply!
… Calif. – The U.S. Small Business Administration (SBA) is encouraging small nonfarm businesses hit by the … Gray, Ness, Rush and Stafford. Under this declaration, the SBA’s EIDL program is available to eligible farm-related and … of this disaster. Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, … -
READOUT: Administrator Guzman Joins Governor Jay Inslee in Washington State to Highlight Small Businesses’ Role in Helping to Rebuild America
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice for America's 33 million small businesses … contracting opportunities for small businesses as the SBA promotes the President’s “Build America, Buy American” priorities. “The SBA is collaborating with local leaders throughout the nation … -
Top five steps to your Hurricane Harvey recovery
… and neighborhoods left in ruin. 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 Over … and shelter in the aftermath of a declared disaster, the SBA is your partner for long-term recovery. Experts say …