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SBA Administrator Guzman Releases Statement on the Reopening of the 8(a) Application Portal
… of the application for the 8(a) Business Development Program (8(a) Program). “Though the administration of the … field not only provides entrepreneurs from historically underserved communities the opportunity to grow their … us backward chill our efforts to promote equity, expand access to the American Dream, and ultimately strengthen our … -
U.S. Small Business Administration Celebrates National Hispanic Heritage Month with Virtual Event Featuring Administrator Guzman
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SBA to Host Black History Month Live Online Panel
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SBA Celebrates Women’s History Month with Live Online Panel
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ROM 10-11 - Notice of Finding and Recommendation on Ineligible Lender-Approved Recovery Act Loans
… R. Zarnikow, Associate Administrator, Office of Capital Access lsI Original Signed Date: January 22,2010 From: Debra … the loan limit applies to SBAExpress and Pilot Loan Program loans made more than 90 days apart. SBA also agreed … that the ambiguity in the requirements for Pilot Loan Program interest rates has been addressed in the current … -
Tips for Small Business Vendors This National Farmers Market
… markets are located in rural areas, which are historically underserved. Resource partners like Community Navigators , … solutions come into play. The SBA’s largest financing program, the 7(a) Loan Program , helps businesses that meet … and refinance business debt. For those seeking easier access to funds for supplies, equipment, and more, SBA … -
SBA helps socially disadvantaged business do business with the federal government
… contracting set-aside programs including the 8(a) program for socially disadvantaged business owners. More than a decade later the two pursued the 8(a) program and connected with SBA West Virginia District Office … 8(a) certified,” she said. In May 2021 they entered the program and received two 8(a) set aside awards from the … -
Biden-Harris Administration Announces Record $3 Billion in Lending to Latino-Owned Small Businesses
… the President’s Investing in America agenda to increase access to its core capital programs, including among Latino … These include: Expanding the Community Advantage Program , which supports lending to small businesses in underserved communities through mission-driven, community … -
Two People Sentenced for Stealing Nearly $300,000 in COVID-19 Relief Money
… of the pandemic for small and local businesses. One such program, the Paycheck Protection Program (PPP), provided government-backed funding to small … used for payroll and other eligible expenses. Another program, the Economic Injury Disaster Loan (EIDL) program, … -
SBA Resources to Help America’s Farmers Markets Grow and Flourish
… up. Community Navigators: The Community Navigator Pilot Program helps strengthen outreach to underserved businesses by partnering with organizations with … and services. Small Business Development Centers (SBDCs): Access to capital, business planning, financial management, … -
Tacoma Firm Finds Growth Through Government Contracting
… opportunities through SBA’s 8(a) Business Development Program. The 8(a) Program is a nine-year program offering technical assistance … is a valuable opportunity to grow a business, offering access to federal contracts with reduced competition,” Farrow … -
SBA Announces Grant Funding Available for States to Support R&D, Small Business Innovation
… SBA’s Federal and State Technology (FAST) partnership program through May 10, 2010. FAST provides $2 million in … to science and technology-driven small businesses. The program places particular emphasis on helping socially and … through its governor, may submit one proposal. “The FAST program is an important catalyst for helping America’s … -
Persistence and Assistance Pay Off for All Washed Up
… her sticking with the SBA’s 8(a) Business Development Program and getting assistance from SBA’s Minnesota Business Opportunity Specialist Shaun McClary. The 8(a) Program is a business assistance program for small-disadvantaged businesses. It offers a broad … -
SBA Announces New Initiative with GIIRS Rating System for Private Funds and Companies
… GIIRS to measure and understand the impact across the SBIC program supports the growth of the impact investing sector in … value. SBA’s Small Business Investment Companies (SBIC) program licenses professionally managed private equity, … to invest in American small businesses. The SBIC program has 315 active licensees. With partner funds, SBA … -
As U.S. Hits Record 21 Million New Business Applications, SBA Publishes Report Outlining How Biden-Harris Administration Worked to Fuel Small Business Boom
… The report summarizes key reforms, modernization, and program transformations made at the SBA between 2021 and … pandemic relief and recovering $30 billion. Expanded access to capital and investment for small businesses to … programs, leading to significant increases in lending to underserved communities – lending to Black-owned businesses … -
SBA Awards Funding to Organizations Delivering Entrepreneurship Training to Women Veterans and Military Spouses
… organization that helps small business owners with limited access to capital. The Texas-based Women Veteran Entrepreneurship Program offers in-person and online training opportunities, … and Arkansas through coaching, webcasts, and training. The program will provide women veterans with the resources to … -
Eric M. Thorson, Inspector General, U.S.Small Business Administration Before the Subcommittee on Government Management, Finance, Accountability of the Commitee on Government Reform, United States House of Representatives, May 10, 2006
… obtain benefits or contracts. Oversight of SBA’s Disaster Program is a Top Priority. One of my highest priorities is to … mission for those who may not be familiar with this program. Overview of Disaster Loan Program: SBA Disaster Loan Program is Vulnerable to Fraud and … -
Improvements Needed in SBA’s Shuttered Venue Operators Grant Post-Award Review Process
… use of funds. The Shuttered Venue Operators Grant (SVOG) program was established on December 27, 2020, as part of the … Nonprofits and Venues Act (Economic Aid Act). The program was amended by the American Rescue Plan Act on March 11, 2021, which increased program funding and reduced SVOG assistance for some … -
SBA Announces New HUBZones to Expand Federal Contracting Opportunities for Small Businesses
… Guzman today announced the expansion of HUBZone, a program that provides small businesses in low-income … areas in Illinois is a big step in bringing rural and underserved communities into a national network of small businesses with access to valuable support resources and contracting programs …