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… Care Enhancement Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions. We determined SBA did not always have sufficient controls in place to … program requirements for future PPP type programs Office of Inspector General Effective: March 15, 2021 | File size: …
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Loan/Lender Monitoring System
… Monitoring System Privacy Impact Assessment Report The SBA Loan/Lender Monitoring System (L/LMS) supports the Office of Capital Access (OCA) Office of Credit Risk Management’s … (OCRM) lender oversight mission. OCRM monitors SBA lender risk profiles to support oversight of the loan … -
2023 Arkansas Veteran-Owned Small Business of the Year
… 2023 Arkansas Veteran-Owned Small Business of the Year Nelson Intelligence Solutions, LLC Eric Nelson, … other businesses, Eric received pandemic funding from the SBA in the form of a forgivable Paycheck Protection Program … loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing … -
Update to SOP 50 56 1 related to Form 1081 CDC Character Determinations
… Determinations Procedural notice 5000-856893 The purpose of this Notice is to revise SOP 50 56 1 and SBA Form 1081 to update 504 corporate governance resource partner vetting. Although other SBA program offices also use SBA Form 1081, SBA is only … -
Letter Jacket, Cheer Wear Manufacturer produces PPE during crisis
… extensive experience in clothing manufacturing and use of U.S. Small Business Administration (SBA) programs positioned the company well to make the product … Through the years, Dalebout said he has worked with the SBA to help finance his business ventures. “We actually … -
Field Operations Performance Evaluation
… Field Operations Performance Evaluation Report The SBA Office of Field Operations (OFO) manages a network of 68 district … explored the role of the district offices within the SBA and the broader entrepreneurial ecosystem. The evaluation … -
Information Notice 5000-869194
… 5000-869194 Information notice 5000-869194 The purpose of this Notice is to announce the renewal of the Certified Development Company (CDC) Annual Report Guide (SBA Form 1253) and supplemental Job Opportunity Analysis Template (SBA Form 1253A), effective immediately. Office of Credit Risk … -
Statement from the Office of U.S. Small Business Administration Administrator Isabella Casillas Guzman
… Statement from the Office of U.S. Small Business Administration Administrator Isabella … mild symptoms, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman tested positive … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the … -
‘Season of Small Business’ highlights Small Businesses in Exeter
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Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
… Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List This report contains OIG's … of Inspector General issued this Management Alert to alert SBA about improper payments to lenders for potentially ineligible recipients of loans under SBA’s Paycheck Protection Program in response to the … -
Birmingham CEO is taking Leadership and Business to the Next Level
… native, national minority small business advocate, and CEO of TMB Tax & Financial Services, a full-service bookkeeping … was selected for the 2021 Small Business Administration (SBA) Emerging Leaders Initiative - Birmingham Cohort. The SBA Emerging Leaders Initiative is an intensive … -
Deadline to Apply for Disaster Loans is March 16
… reminding Private NonProfit (PNP) organizations in Vermont of the March 16, 2020 deadline to submit Economic Injury … and Windsor in Vermont are eligible to apply. The SBA offers Economic Injury Disaster Loans to help eligible … rate of 2.75 percent and terms up to 30 years. The SBA sets loan amounts and terms based on each applicant’s … -
Changing the Smoothie Industry
… the Smoothie Industry The proverb “Necessity is the mother of invention” was true for Isaac Hamlin. As an athlete at the … of other small business owners, Isaac applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan), as well as an EIDL Advance and an SBA Paycheck Protection Program (PPP) forgivable loan so the … -
Boots to Business Trains 50,000 Veteran Entrepreneurs
… 3, 2016 The Small Business Administration's Office of Veterans Business Development is proud to announce that 50 … members and military spouses have participated in the SBA's Boots to Business Program , since the program began in … Program is accomplished through partnerships with the SBA resource partner network, which includes SCORE, Small … -
CDC Best Practices Guidance - Investment in Other Economic Development Activities
… with certain 504 Loan Program Requirements. Support SBA requires that any funds generated from 504 loan activity by a CDC remaining after payment of staff and overhead expenses must be retained by the CDC as … the CDC’s Annual Report (13 CFR § 120.830(a)(4)). Tab 1 of SBA Form 1253 (CDC Annual Report Guide) sets forth the … -
Law School vs. Chef and Business Owner
… Law School vs. Chef and Business Owner Dennis Chan, Owner of Blue Bamboo Canton Bistro and Bar started his restaurant … Development Center at the University of North Florida, an SBA resource partner to figure out how to plan for the next … Initiative, funded by U.S. Small Business Administration (SBA) and designed to help businesses grow and scale rapidly. … -
Food truck success leads to brick and mortar restaurant
… success leads to brick and mortar restaurant The Utah SBA 2019 Growth Award was presented to Maize Tacos, owned and … has posted through the last year, marking an increase of 78% in net sales and a 70% boost in total transactions. … loan guaranteed by the Small Business Administration (SBA) 7(a) Loan Guarantee program. “The biggest challenge has … -
President’s Proposed Tax Reform Plan Will Support Small Business Growth
… the current tax code is for entrepreneurs. One of the first things I hear from the business owners I’ve met … Administration The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012 has … and strengthen the overall economy of our nation. The SBA helps Americans start, build and grow businesses. … -
2022 Arkansas Woman-Owned Small Business of the Year: Career Staffing Services, Inc.
… 2022 Arkansas Woman-Owned Small Business of the Year: Career Staffing Services, Inc. The primary goal … Services Inc. in February 2000 with the assistance of an SBA 7a Loan to help connect employees to employers and create … Services. The Paycheck Protection Program that the SBA offered to help small businesses retain employees changed … -
Keene Perspectives owners awarded VT Small Business Persons of the Year
… Keene Perspectives owners awarded VT Small Business Persons of the Year HARTLAND, Vt. -- The owners of Keene Perspectives … Development Center. The business has had a variety of SBA support including the VtSBDC, a 7a startup loan and … Keene graduated from Emerging Leaders, a seven-month SBA sponsored class where she learned to create a three-year …