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Consolidated Results of the OIG High Risk 7(a) Loan Review Program
… of Inspector General’s review of eight early-defaulted loans in fiscal year (FY) 2019 identified material lender … that justified denial of the guaranty for five loans in the amount of approximately $8.7 million. We issued three advisory memorandums regarding these five loans to the Small Business Administration (SBA) for … -
Second Notice of Revised Procedures for Addressing Hold Codes and Compliance Check Error Messages on PPP Loans
… Hold Codes and Compliance Check Error Messages on PPP Loans This notice provides revised guidance to SBA Procedural … hold code and compliance check error messages for PPP loans. Procedural notice 5000-808216 Office of Capital Access … Procedures for Addressing Hold Codes on First Draw PPP Loans and Compliance Check Error Messages on First Draw PPP … -
SBA’s Handling of Identity Theft in the COVID-19 Economic Injury Disaster Loan Program
… handling of complaints of identity theft in the COVID-19 EIDL program. Report 21-15 The Office of Inspector General … Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) program. We recommend the Administrator to direct the … and UCC liens. Develop a process to remove any fraudulent loans and related UCC filing fees from its financial … -
SBA Emergency EIDL Grants to Sole Proprietors and Independent Contractors
… SBA Emergency EIDL Grants to Sole Proprietors and Independent Contractors This inspection report examined Emergency EIDL grants to sole proprietors and independent contractors. … 22-01 The Office of Inspector General examined Emergency EIDL grants to sole proprietors and independent contractors … -
COVID-19 Economic Injury Disaster Loan Servicing Capability
… its capability to service more than 2 million COVID-19 EIDL. Report 25-16 The Office of Inspector General is issuing … more than 2 million COVID-19 Economic Injury Disaster Loans (EIDL). We found the COVID-19 EIDL Servicing Center (CESC) … -
Biden-Harris Administration Launches Small Business Loan Program Improvements to Expand Access to Capital Starting today, August 1
… is providing additional flexibility in credit criteria for loans under $500,000 to support SBA loans in reaching more credit-worthy small businesses. SBA … -
CA 14609-04 One Month Left to Apply for SBA Disaster Loans
… CA 14609-04 One Month Left to Apply for SBA Disaster Loans SACRAMENTO, Calif. - Regional Administrator Donna Davis … that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the … that cannot be paid because of the disaster’s impact. EIDL assistance is available regardless of whether the … -
LA 14470-02 One Month Left to Apply for SBA Disaster Loans
… LA 14470-02 One Month Left to Apply for SBA Disaster Loans SACRAMENTO, Calif. – Director Tanya N. Garfield of the … disaster and businesses directly impacted by the disaster. EIDL assistance is available regardless of whether the … disaster and businesses directly impacted by the disaster. EIDL assistance is available regardless of whether the … -
SBA Opens Disaster Loan Outreach Center in Hardy
… help business owners and residents apply for disaster loans and learn about the full range of programs available to … are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace … disasters. The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small … -
WI 15311 - SBA Deadline to Apply for Working Capital Loans in Wisconsin is June 18
… WI 15311 - SBA Deadline to Apply for Working Capital Loans in Wisconsin is June 18 ATLANTA – The U.S. Small … is reminding businesses in Wisconsin that working capital loans are still available to small businesses, small … result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the June 18 … -
South Carolina Drought Activates SBA Disaster Loan Program
… announced today that federal Economic Injury Disaster Loans (EIDLs) are available in South Carolina for small … and Transylvania in North Carolina . “Working capital loans from the SBA are essential to eligible small businesses … this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and … -
MS 14685 - Over $1 Million in SBA Disaster Loans Approved in Mississippi
… MS 14685 - Over $1 Million in SBA Disaster Loans Approved in Mississippi ATLANTA – The U.S. Small … has approved more than $1 million in low-interest disaster loans for businesses and residents in Mississippi affected by … 2016. “Currently, SBA has approved $1,252,500 in disaster loans for affected survivors,” said Frank Skaggs, director of … -
Disaster Loans Available to Businesses and Residents in Northampton County, Pennsylvania
… Disaster Loans Available to Businesses and Residents in Northampton … 15-16, are eligible to apply for low-interest disaster loans from the U.S. Small Business Administration, SBA … Guzman announced today. Administrator Guzman made the loans available in response to a letter from Pennsylvania … -
FL 15331 - SBA Deadline to Apply for Working Capital Loans for the Seminole Tribe of Florida is June 27
… FL 15331 - SBA Deadline to Apply for Working Capital Loans for the Seminole Tribe of Florida is June 27 ATLANTA – … in the Seminole Tribe of Florida that working capital loans are still available to small businesses, small … result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the June 27 … -
OH 15495 - SBA Deadline for Ohio Private NonProfit Organizations To Apply for Physical Damage Disaster Loans is June 18
… Organizations To Apply for Physical Damage Disaster Loans is June 18 ATLANTA – The U.S. Small Business … may be eligible to apply for low-interest rate disaster loans. Examples of eligible non-critical PNP organizations … disaster. The SBA also offers Economic Injury Disaster Loans to help meet working capital needs, such as ongoing … -
SBA Working Capital Loans Available in Pennsylvania Due to Secretary of Agriculture Disaster Declaration
… SBA Working Capital Loans Available in Pennsylvania Due to Secretary of … announced today that federal Economic Injury Disaster Loans (EIDLs) are available in Pennsylvania for small … this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and … -
SBA Opens Disaster Loan Outreach Center in Arkansas
… help business owners and residents apply for disaster loans and learn about the full range of programs available to … are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace … disasters. The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small … -
SBA Opens Disaster Loan Outreach Center in Batesville
… help business owners and residents apply for disaster loans and learn about the full range of programs available to … are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace … disasters. The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small … -
MS 15160 - SBA Deadline to Apply for Working Capital Loans in Mississippi is March 12
… MS 15160 - SBA Deadline to Apply for Working Capital Loans in Mississippi is March 12 ATLANTA – The U.S. Small … reminding businesses in Mississippi that working capital loans are still available to small businesses, small … result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the March 12 …