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https://www.sba.gov/blog/small-businesses-are-driving-trump-recovery
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SBA Elevates Women-Owned Small Businesses
https://www.sba.gov/blog/sba-elevates-women-owned-small-businesses… Department, launched the Paycheck Protection Program (PPP), which has helped stabilize hundreds of thousands of … When COVID-19 struck, Superstition Meadery applied for a PPP loan, which helped them cover payroll, rent, and more. … Person of the Year. Omni applied for and received a PPP loan, without which, according to Molly, she would not … -
With SBA COVID Relief Programs, Restauranteur and Caterer is Able to Stay in Business and Grow
https://www.sba.gov/success-story/sba-covid-relief-programs-restauranteur-and-caterer-able-stay-business-and-grow… out four SBA-administered Paycheck Protection Program (PPP) loans for his Euclid, Shaker Heights and Garfield Heights stores. “The PPP was a great thing, and I was able to pay employees and pay rent,” Sam said. “The PPP loans helped us get ahead of the game. Because of the … -
SBA Helps Salon Manage Growth and Pandemic Impact
https://www.sba.gov/success-story/sba-helps-salon-manage-growth-pandemic-impact -
Financial Therapy in the Time of Need
https://www.sba.gov/success-story/financial-therapy-time-need… by her banker regarding the Paycheck Protection Program (PPP) and she was urged to apply. Premier Physical Therapy was approved for a $98,000 PPP loan which allowed the business to continue providing … sought the assistance of SBA services, but thanks to the PPP and the SBA EIDL, the business has been able to remain as … -
U.S. Small Business Administration Releases Report on Anti-Fraud Control Measures in Pandemic Relief Programs
https://www.sba.gov/article/2023/06/27/us-small-business-administration-releases-report-anti-fraud-control-measures-pandemic-relief… programs, including the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan Program … fraud.” The new anti-fraud measures deployed in 2021 in PPP and COVID-EIDL, which are explained in detail in the … fraud rates for new relief programs. Taking learnings from PPP and COVID-EIDL, the SBA team achieved dramatically lower … -
Magic City Hoagies
https://www.sba.gov/success-stories/magic-city-hoagies -
About COVID-19 EIDL
https://www.sba.gov/funding-programs/loans/covid-19-relief-options/covid-19-economic-injury-disaster-loan/about-covid-19-eidl -
Readout from the SBA / Treasury Roundtable Discussion with Minority Depository Institutions
https://www.sba.gov/article/2020/aug/02/readout-sba-treasury-roundtable-discussion-minority-depository-institutions… experiences as lenders in the Paycheck Protection Program (PPP), including their work to serve small businesses in low- … the MDIs for their continued efforts in ensuring that PPP funds reach all communities in need. As of July 24, 2020, 171 MDIs had participated in the PPP, approving over 120,000 loans for more than $10 billion. … -
SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program
https://www.sba.gov/article/2020/jun/17/sba-treasury-announce-new-ez-revised-full-forgiveness-applications-paycheck-protection-program-0 -
Morgantown Small Business uses Paycheck Protection Program bring back Employees
https://www.sba.gov/offices/district/wv/clarksburg/success-stories/morgantown-small-business-uses-paycheck-protection-program-bring-back-employees… in Morgantown to secure the Paycheck Protection Program (PPP) under the CARES act. “I found the process to get the PPP to be relatively simple, the most difficult part was … received the much needed funds in 7-10 business days.” The PPP has allowed Masters to hire back all of his employees who … -
Paycheck Protection Program Loans and Changes of Ownership
https://www.sba.gov/document/procedural-notice-5000-20057-paycheck-protection-program-loans-changes-ownership… an entity that has received Paycheck Protection Program (PPP) funds (a “PPP borrower”). Office of Capital Access Effective: October … | Download .pdf for / October 2, 2020 Related programs: PPP Remove download button Off … SBA Procedural Notice … -
Essential Business uses Paycheck Protection Program to Bring Back Employees
https://www.sba.gov/success-stories/essential-business-uses-paycheck-protection-program-bring-back-employees… provided guidance on how the Paycheck Protection Program (PPP) would benefit the company and its employees. Tony … financial institutions during the first round of the PPP but was unable to find a bank to process the loan. When the second round of PPP funding was released Tony contacted SBA-approved lender … -
7(a) Loan Approval for Borrowers with Unresolved COVID-19 Pandemic Loan Compliance Issues
https://www.sba.gov/document/report-24-17-7a-loan-approval-borrowers-unresolved-covid-19-pandemic-loan-compliance-issues… which included screening for Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) hold … loans, totaling $4.5 billion, where the borrower had a PPP loan or COVID-19 EIDL with an unresolved eligibility or … programs: 7(a), Credit/Capital, Pandemic Oversight, PPP Activity Audit/evaluation Remove download button Off … … -
Protecting the Integrity of the Pandemic Relief Programs
https://www.sba.gov/document/report-protecting-integrity-pandemic-relief-programs… controls within the Paycheck Protection Program (PPP) and the COVID-19 Economic Injury Disaster Loan (EIDL), … include the initiation of SBA pre-approval screening for PPP, tax transcript verification for COVID-EIDL, and Treasury … learned from the mistakes of the 2020 implementation of PPP and COVID-EIDL to design the two major relief programs … -
Helping America’s Entrepreneurs Get Back to Business
https://www.sba.gov/blog/helping-americas-entrepreneurs-get-back-business -
SBA and Treasury Announce New and Revised Guidance Regarding the Paycheck Protection Program
https://www.sba.gov/article/2020/jun/13/sba-treasury-announce-new-revised-guidance-regarding-paycheck-protection-program -
READOUT: SBA Administrator Joined Congresswomen Brenda Lawrence, Rashida Tlaib, and Haley Stevens in Detroit to Highlight the SBA’s Efforts to Support ‘Made in America’ Initiatives
https://www.sba.gov/article/2022/mar/09/readout-sba-administrator-joined-congresswomen-brenda-lawrence-rashida-tlaib-haley-stevens-detroit… worst of the pandemic with Paycheck Protection Program (PPP) funding and used the assistance to pay staff while they … K-Tec Systems got funding from Paycheck Protection Plan (PPP) and the COVID Economic Injury Disaster Loan (COVID … Bobcat Bonnies benefitted from funding from the SBA’s PPP and COVID EIDL programs. They used funding from PPP to … -
Independent Auditors’ Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019
https://www.sba.gov/document/report-24-16-independent-auditors-report-sbas-fiscal-year-2023-compliance-payment-integrity-information-act-2019… corrective action plans for the disaster assistance loans, PPP loan forgiveness, and PPP loan guaranty purchases programs and activities. … 7(a), Agency Management, CDC/504, Pandemic Oversight, PPP Activity Audit/evaluation Remove download button Off … … -
Local bakery utilizes Paycheck Protection Program to ease payroll burden during COVID-19 pandemic
https://www.sba.gov/offices/district/wv/clarksburg/success-stories/local-bakery-utilizes-paycheck-protection-program-ease-payroll-burden-during-covid-19-pandemic… SBA’s assistance through the Paycheck Protection Program (PPP). The bakery, owned by Mike and Pamela Harris, received … and operating expenses for eight weeks under the CARES act PPP. Harris was notified about the program from her West … starting our business with the SBA and now getting this PPP loan to sustain our business during this crisis.” … Local …