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Second Notice of Revised Procedures for Addressing Hold Codes and Compliance Check Error Messages on PPP Loans
… 7(a), PPP Procedural notice 5000-20092 Revised SBA Paycheck Protection Platform Procedures for Addressing Hold Codes on … -
Testimony Delivered to the House Small Business Committee
… to address recent reports citing that SBA’s flagship program, the 7(a) business loan guarantee program, may be at risk of exceeding its program authority this year. I am here today to assure you … -
SBA Announces Decrease in Surety Bond Guarantee Fees
… ending September 30, 2019. The Surety Bond Guarantee (SBG) program is reducing the Surety fee from 26 percent to 20 … thousand dollars of the contract amount. “Reducing the SBG program fees will not only directly help small businesses, … Director of the Office of Surety Guarantees. Under its SBG program, the SBA guarantees bid, payment and performance … -
U.S. Small Business Administration Announces Small Business Investment Companies of the Year
… to recognize the dynamic work of the funds in the program. 2023 SBIC of the Year - Emerging Manager Name of … public on a nondiscriminatory basis. ### About the SBIC Program Since 1958, the mission of the SBIC program has been to stimulate and supplement the flow of … -
SBA Announces 2019 Nevada Lender Award Winners
… SBA Nevada Specialty Lender of the Year SBA 7(a) Loan Program 1st Place - Seacoast Commerce Bank Nevada 504 … Capital Development Corporation (TMC) The 7(a) loan program is the SBA’s most used program because of its flexibility in loan structure and … -
2022 Arkansas Family-Owned Small Business of the Year: All Electric Supply, LLC
… became certified under the SBA 8(a) Business Development Program in 2020 which led to rapid growth, several … AmerInd. All Electric Supply relied on the SBA’s Paycheck Protection Program and Economic Injury Disaster Loan as they … -
Weaknesses Identified During the FY 2020 Federal Information Security Modernization Act Review
… Management Act to assess SBA’s information security program every year. In FY 2020, SBA had an unprecedented … on a maturity model spectrum. We rated SBA’s overall program of information security as ”not effective” because … and Access Management — Consistently Implemented Data Protection and Privacy — Consistently Implemented Security … -
SBA to Hold Business Community Forum in Selma
… business startup venture and about the SBA’s disaster loan program,” said Kem Fleming, director of SBA’s Field … Selma area.” There is no cost to attend the Forum. The program starts at 10 a.m. at the Wallace Community College, … occurring is a significant benefit of SBA’s disaster loan program,” said SBA Associate Administrator Francisco Sanchez, … -
Walnut River Brewing Company: Brewing through COVID-19 in The Pour House
… capstone course on starting a brewery for his MBA program. Rick and BJ each brought to the table the know-how … bring them back to work a short time later thanks to SBA’s Paycheck Protection Program. “Laying people off was the hardest … -
Minneapolis Jeweler Got Its Start and Has Grown with Help from the SBA
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Economic Injury Disaster Loans
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Website content inventory
… to an answer desk for users with further questions. A program office mission and service overview. FOIA/Privacy … -
Tacoma Security Company Grows into Multi-million Dollar Company with SBA Certification
… In 2010 OSG enrolled in the SBA 8(a) Business Development Program, a nine-year government contracting certification to … entities. OSG also participated in the SBA Mentor-Protégé Program. Thanks to a partnership with an established security company developed through the SBA Mentor-Protégé Program, OSG was able to expand business operations to … -
8(a) Certification Creates New Expansion Opportunities
… paperwork. It was a friend, already certified in the 8(a) program who she knew – that offered her assistance with the … and was able to keep running after receiving a Paycheck Protection Program forgivable loan from her bank and the SBA. … -
More Than $2.5 Million Recovered from Vancouver Real Estate Developer Convicted for Fraudulently Obtaining Covid-Relief Funds
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Independent Auditors’ Report on SBA’s FY 2021 Financial Statements
… transactions and account balances related to the expanded Paycheck Protection and Economic Injury Disaster Loan programs and the … -
FY 2022 Federal Information Security Modernization Act Review
… scale for information security. We rated SBA’s overall program of information security as “not effective.” We found … 4. Identity and access management: Defined 5. Data protection and privacy: Consistently implemented 6. … are below the baseline for an effective security program. In addition to two open FISMA recommendations from … -
Women in Federal Contracting: Competing, Winning, and Thriving
… small businesses. SBA’s WOSB Federal Contracting Program is on the frontlines of helping these businesses succeed. In the summer of 2020, the WOSB Program will be transitioning from a small business self-certification to a new formal certification program. This change will help better empower agencies across … -
Join the SBA’s Celebration of 50 Years of Surety Bond Guarantees
… for 50 years. In 1970, the Surety Bond Guarantee (SBG) Program was established by the Housing and Urban Development Act. In its first year of operations, the program guaranteed seven final bonds with a contract value of approximately $315,000. In FY19, the program supported approximately 3,300 final contracts, …