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https://www.sba.gov/article/2019/06/27/sbrea-online-notice
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Liquidation Process
https://www.sba.gov/about-sba/sba-locations/loan-guaranty-centers/national-guaranty-purchase-center-herndon-va/liquidation-process… not, the lender must not take any action that will confer a preference upon itself in terms of recovery on its own loan … The process begins when you notify SBA to reclassify a loan into liquidation status. Therefore, before any action … loan to be placed in liquidation (i.e., bankruptcy filing, business shutdown, or foreclosure by a prior lienholder), a … -
Geneva Supply Commits to Wisconsin Using SBA-backed 504 Loan for Building Purchase
https://www.sba.gov/success-story/geneva-supply-commits-wisconsin-using-sba-backed-504-loan-building-purchase… Purchase Mark Becker and Jeff Peterson started doing business with Amazon in 2007 and soon realized a bigger business opportunity. Many manufacturers did not … the online marketplace, founding Geneva Supply in 2009 in a 10,000-square-foot airplane hangar in Burlington, … -
SD 15039-03 SBA Amends Disaster Declaration; Disaster Assistance Now Available to Private Nonprofit Organizations on the Lake Traverse Reservation
https://www.sba.gov/article/2017/mar/09/sd-15039-03-sba-amends-disaster-declaration-disaster-assistance-now-available-private-nonprofit… 2017, major disaster declaration for Public Assistance as a result of the severe winter storm that occurred Dec. 24-26, … announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for assistance. SBA … -
CA 15088-03 SBA Amends Disaster Declaration; Disaster Assistance Now Available to Private Nonprofit Organizations in Six Additional Counties
https://www.sba.gov/article/2017/may/05/ca-15088-03-sba-amends-disaster-declaration-disaster-assistance-now-available-private-nonprofit… 2017, major disaster declaration for Public Assistance as a result of severe winter storms, flooding and mudslides that … announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for assistance. SBA … -
Sun Dragon Art & Fiber
https://www.sba.gov/success-story/sun-dragon-art-fiber… the next step in her life after deciding she was ready for a change after teaching in private schools for 18 years. … could turn her love for knitting and crochet into her own business, she was determined to create a “community of yarning.” Initially Smith had difficulty … -
Tacoma Security Company Grows into Multi-million Dollar Company with SBA Certification
https://www.sba.gov/success-story/tacoma-security-company-grows-multi-million-dollar-company-sba-certification… provides protective armed and unarmed security staff and a wide range of security services to government and … costs down and avoid taking on debt, from 2003 to 2017 the business operated out of an office space of about 250 square … by competing for government contracts and he needed a way to get his foot in the door. In 2010 OSG enrolled in … -
Last of Eight Defendants Sentenced in $7.7 Million Pandemic Fraud Scheme
https://www.sba.gov/article/2026/02/02/last-eight-defendants-sentenced-77-million-pandemic-fraud-scheme… Release Timothy Boyle, the last of eight defendants in a $7.7 million pandemic fraud scheme targeting the Small Business Administration and numerous state unemployment … Maurice Brown-Portwood, 35, of Clinton Township received a 22 month sentence, and Taurean Davis, 44, of Detroit a … -
The SBA Issues a Report on the First 5-Year Comprehensive Review of Size Standards
https://www.sba.gov/article/2018/02/27/sba-issues-report-first-5-year-comprehensive-review-size-standards… The SBA Issues a Report on the First 5-Year Comprehensive Review of Size … Subsequently, in 2010, U.S. Congress enacted the Small Business Jobs Act (Jobs Act). Public Law 111-240, 124 Stat. … the revised methodology is finalized, SBA will start reviewing the size standards and issuing proposed rules … -
Hop City Craft Beer & Wine
https://www.sba.gov/success-stories/hop-city-craft-beer-wine… Hop City Craft Beer & Wine Kraig Torres always had a love of beer. After departing the Coast Guard and moving … his wife to Atlanta, he eventually opened up his dream business, a store offering craft beers from all over the world. Hop … -
Robin Wright
https://www.sba.gov/person/robin-wright… businesses throughout his entire career. Wright is from a small Missouri town of 1,700 people, where he learned the … an officer in the world’s greatest Air and Space Force. As a Finance Officer, he was drawn to business and leadership, earning an MBA before transitioning … -
LA 14813-02 SBA Amends Disaster Declaration; Disaster Assistance Now Available to Private Nonprofit Organizations in Six Additional Parishes
https://www.sba.gov/article/2016/sep/02/la-14813-02-sba-amends-disaster-declaration-disaster-assistance-now-available-private-nonprofit… major disaster declaration for Public Assistance as a result of the severe storms and flooding that occurred … Administrator Maria Contreras-Sweet of the U.S. Small Business Administration (SBA). PNPs that provide essential services of a governmental nature are eligible for assistance. SBA … -
AR 15177-01 SBA Disaster Assistance Available to Arkansas Private Nonprofit Organizations
https://www.sba.gov/article/2017/jun/16/ar-15177-01-sba-disaster-assistance-available-arkansas-private-nonprofit-organizations… federal disaster declaration for Public Assistance as a result of severe storms, tornadoes, straight-line winds and … announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide essential services of a governmental nature are eligible for assistance. SBA … -
Hazelwood Café Serves Up Connections One Cup at a Time
https://www.sba.gov/success-story/hazelwood-cafe-serves-connections-one-cup-time… Hazelwood Café Serves Up Connections One Cup at a Time SBA Microloan Helps Young Entrepreneur Realize His … cup of coffee since the 2021 opening the Hazelwood Café, a local coffee and tea haven. His guests may find that quite … neighborhood was for rent, Gray relied on the U.S. Small Business Administration (SBA) to help turn a shuttered venue … -
Evaluation Report 14-17: Evaluation of SBA’s 2013 and 2014 Cash Gifts
https://www.sba.gov/document/report-14-17-evaluation-report-14-17-evaluation-sbas-2013-2014-cash-gifts… to solicit and accept gifts for the 2013 National Small Business Week. The donors were properly vetted through the … ensure no business relationships existed that would cause a conflict of interest. The SBA’s Office of General Counsel … reported to the Office of Inspector General that a $10,000 cash gift was received from an organization. This … -
Nourishing Employment Opportunities
https://www.sba.gov/success-story/nourishing-employment-opportunities… an employee of this company. Instead, she found herself at a crossroad and unsure of what to do next. In thinking about starting her own business, she consulted the York College SBDC and met with SCORE advisors to brainstorm a new plan. She came up with The Nourish Spot – an … -
Former SBA and IRS Employee Charged with Using Government Positions to Steal Millions from COVID Relief Programs
https://www.sba.gov/article/2026/01/12/former-sba-irs-employee-charged-using-government-positions-steal-millions-covid-relief-programs… Press Release Attallah Williams has been charged with a muti-year scheme to steal over $3.5 million from four … programs by obtaining employment at both the U.S. Small Business Administration (SBA) and Internal Revenue Service … positions or stole from pandemic relief programs.” “Using a position of public trust as a means to fraudulently grant … -
PA 15445 - Deadline Approaching in Pennsylvania for SBA Working Capital Loans Following Secretary of Agriculture Declaration due to Tornado, Excessive Rain, Flooding and High Winds
https://www.sba.gov/article/2018/sep/15/pa-15445-deadline-approaching-pennsylvania-sba-working-capital-loans-following-secretary-agriculture… Rain, Flooding and High Winds ATLANTA - The U.S. Small Business Administration is reminding small businesses, small … loans in the Pennsylvania counties of Crawford and Erie as a result of a Tornado, Excessive Rain, Flooding and High Winds on Nov. 5, … -
SBA Issues White Paper on its Size Standards Methodology
https://www.sba.gov/article/2019/04/11/sba-issues-white-paper-its-size-standards-methodology… how it establishes, reviews, and modifies its small business size standards pursuant to the Small Business Act … review of size standards, the SBA established in 2009 a detailed Size Standards Methodology White Paper explaining … the “anchor” approach used in the 2009 Methodology by a “percentile” approach for evaluating industry … -
Cole Air & Appliances, Co.
https://www.sba.gov/success-story/cole-air-appliances-co… Appliances, Co. Cole Air Conditioning & Appliances, Co. is a family business started in 1967 by Joel and Janie Cole. In later … Athens, Corsicana, Tyler, and Forney, Texas. From a start-up with one employee to 35 employees with 26 trucks, …