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https://www.sba.gov/document/report-21-09-duplicate-loans-made-under-paycheck-protection-program
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Loan/Lender Monitoring System
https://www.sba.gov/document/report-loanlender-monitoring-system… Monitoring System Privacy Impact Assessment Report The SBA Loan/Lender Monitoring System (L/LMS) supports the Office … (OCRM) lender oversight mission. OCRM monitors SBA lender risk profiles to support oversight of the loan … L/LMS is a predictive risk analysis tool enabling SBA to prioritize loans and lender reviews based on the … -
FY 2022 Federal Information Security Modernization Act Review
https://www.sba.gov/document/report-23-03-fy-2022-federal-information-security-modernization-act-review… which is a rating scale for information security. We rated SBA’s overall program of information security as “not effective.” We found SBA generally responded to previously identified … incident response. However, the results of our tests show SBA continues to experience security control challenges in … -
2023 Arkansas Veteran-Owned Small Business of the Year
https://www.sba.gov/success-story/2023-arkansas-veteran-owned-small-business-year… 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 … a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees … -
Update to SOP 50 56 1 related to Form 1081 CDC Character Determinations
https://www.sba.gov/document/procedural-notice-5000-856893-update-sop-50-56-1-related-form-1081-cdc-character-determinations… 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 updating the resource partner … -
Letter Jacket, Cheer Wear Manufacturer produces PPE during crisis
https://www.sba.gov/success-story/letter-jacket-cheer-wear-manufacturer-produces-ppe-during-crisis… 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 worked with the SBA when we purchased Intermountain T-shirt Company back in … -
Field Operations Performance Evaluation
https://www.sba.gov/document/report-field-operations-performance-evaluation… Field Operations Performance Evaluation Report The SBA Office of Field Operations (OFO) manages a network of 68 … explored the role of the district offices within the SBA and the broader entrepreneurial ecosystem. The evaluation … found that district office staff are committed to the SBA’s core mission to help small businesses start, grow, and … -
‘Season of Small Business’ highlights Small Businesses in Exeter
https://www.sba.gov/success-story/season-small-business-highlights-small-businesses-exeter -
Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
https://www.sba.gov/document/report-21-06-management-alert-paycheck-protection-program-loan-recipients-department-treasurys-do-not-pay-list… 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 … as well as any fees. OIG communicated summary results to SBA management, who requested Treasury’s results and have … -
Joint Statement by Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Review Procedure for Paycheck Protection Program Loans
https://www.sba.gov/article/2020/apr/28/joint-statement-secretary-steven-t-mnuchin-administrator-jovita-carranza-review-procedure-paycheck… PPP loans and promptly repaid loan funds in response to SBA guidance reminding all borrowers of an important … ensure PPP loans are limited to eligible borrowers, the SBA has decided, in consultation with the Department of the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the … -
Birmingham CEO is taking Leadership and Business to the Next Level
https://www.sba.gov/success-story/birmingham-ceo-taking-leadership-business-next-level… was selected for the 2021 Small Business Administration (SBA) Emerging Leaders Initiative - Birmingham Cohort. The SBA Emerging Leaders Initiative is an intensive … conversations on my business.” Since graduating from SBA Emerging Leaders, TMB has experienced notable … -
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… – Today, the U.S. Small Business Administration (SBA) announced $3.5 million in grant awards to support … American Samoa. Organizations receiving grants from the SBA have demonstrated a commitment to addressing challenges … For more information or to find a VBOC near you, visit www.sba.gov/vboc . To learn more about SBA’s programs for … -
Deadline to Apply for Disaster Loans is March 16
https://www.sba.gov/article/2020/feb/12/deadline-apply-disaster-loans-march-16… 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 … online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov. Disaster loan … -
Statement by Secretary Mnuchin and Administrator Carranza on the Paycheck Protection Program and Economic Injury Disaster Loan Program
https://www.sba.gov/article/2020/apr/16/statement-secretary-mnuchin-administrator-carranza-paycheck-protection-program-economic-injury… Program and Economic Injury Disaster Loan Program: “The SBA has processed more than 14 years’ worth of loans in less … much-needed relief to people and businesses. “By law, the SBA will not be able to issue new loan approvals once the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the … -
Statement by Secretary Mnuchin and Administrator Carranza on the Paycheck Protection Program and Economic Injury Disaster Loan Program
https://www.sba.gov/article/2020/apr/16/statement-secretary-mnuchin-administrator-carranza-paycheck-protection-program-economic-injury-0… Program and Economic Injury Disaster Loan Program: “The SBA has processed more than 14 years’ worth of loans in less … much-needed relief to people and businesses. “By law, the SBA will not be able to issue new loan approvals once the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the … -
Changing the Smoothie Industry
https://www.sba.gov/success-story/changing-smoothie-industry… 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 … family-owned business continues to grow and evolve. And SBA stands ready to assist Better Blend every step of their … -
IN 15170 - Final Month to Apply for Physical Damage Disaster Loans For April Severe Storms and Flooding in Indiana
https://www.sba.gov/article/2017/jul/11/15170-final-month-apply-physical-damage-disaster-loans-april-severe-storms-flooding-indiana… businesses and private, nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help … up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. … online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela . … -
Fiscal Year 2021 Federal Information Security Modernization Act Review
https://www.sba.gov/document/report-22-11-fiscal-year-2021-federal-information-security-modernization-act-review… of every agency to be evaluated each year. In FY 2021, SBA faced new information security challenges under the … security programs on a maturity model spectrum. We rated SBA’s overall program of information security as ”not effective” because SBA only achieved a maturity level rating of “managed and … -
WEDNESDAY: Biden Cabinet Member to Visit Miami to Sign Strategic Alliance with American Jewish Committee
https://www.sba.gov/article/2023/07/11/wednesday-biden-cabinet-member-visit-miami-sign-strategic-alliance-american-jewish-committee… Jewish Committee WASHINGTON – On Wednesday, July 12, 2023, SBA Administrator Isabella Casillas Guzman , the voice in … in advance to Isabella Ristuccia at Isabella.Ristuccia@sba.gov . Please provide the full name, mobile numbers, and … personnel planning to attend. Wednesday, July 12 WHO: SBA Administrator Isabella Casillas Guzman American Jewish … -
Boots to Business Trains 50,000 Veteran Entrepreneurs
https://www.sba.gov/blog/boots-business-trains-50000-veteran-entrepreneurs… 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 … Outreach Centers, the Department of Defense, local SBA district offices and transition service managers. Today, …