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… Types of 7(a) loans The 7(a) loan program is SBA's primary program for providing financial … The terms and conditions, like the guaranty percentage and loan amount, may vary by the type of loan. Content SBA may grant …
… Make a payment to SBA Learn how to use the MySBA Loan Portal to make loan payments and check your account balance and due date. … the MySBA Loan Portal to view your payment due date and amount . Make payments There are several options to make a …
… 7(a) loans The 7(a) loan program is SBA's primary business loan program for providing financial assistance to small … purpose loans, including any of the above The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors …
… Second Draw PPP loan If you have previously received a Paycheck Protection … supplier costs and expenses for operations. Maximum loan amount and increased assistance for accommodation and food … maximum loan amount of a Second Draw PPP loan is 2.5x the average monthly 2019 or 2020 payroll costs up to $2 million. …
… First Draw PPP loan If you have not received a Paycheck Protection Program (PPP) loan before, First Draw PPP loans may be available to you. … until SBA remits the borrower's loan forgiveness amount to the lender. If a borrower does not apply for loan …
… difficult times. Be on the lookout for grant fraud, loan fraud, and phishing. Learn about potential fraud schemes … May 29, 2025 25-16 COVID-19 Economic Injury Disaster Loan Servicing Capability May 1, 2025 25-14 Eligibility of … March 31, 2025 25-10 COVID-19 Pandemic EIDL and PPP Loan Fraud Landscape Recommendations Update January 16, 2025 …
… May 23, 2025 Man Charged in Connection with CARES Act Loan Fraud May 22, 2025 Mooresville Man Sentenced to Prison … Man Charged in Connection with Fraudulent COVID-19 Relief Loan Applications Totaling More Than $3.39M May 15, 2025 … to Federal Prison in Large-Scale COVID-19 Pandemic Loan Scheme April 4, 2025 Tallassee, Alabama Woman Sentenced …
… eligibility SBA sets the guidelines that govern the 7(a) loan program. As a lender, these conditions determine which … and demonstrate a reasonable ability to repay the loan. Use of loan proceeds 7(a) loans can be used for: … the above Loan amounts Most 7(a) loans have a maximum loan amount of $5 million. However, 7(a) loans made under the SBA …
… PPP loan forgiveness Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness. Content Where to apply for loan forgiveness … payroll service provider reports documenting the amount of cash compensation paid to employees Tax forms (or …
… or personal property owner, you may apply to SBA for a loan to help you recover from a disaster. Apply for a home and personal property loan Apply now Eligibility Homeowners may apply for up to … on home or property may be deducted from the eligible loan amount. Use of proceeds You may not use the funds to upgrade …
… $5 million for major fixed assets. Content What is the 504 loan program? The 504 loan program provides long-term, fixed … CDCs are certified and regulated by SBA. The maximum loan amount for a 504 loan is $5.5 million. Am I eligible? To be … Have a tangible net worth of less than $20 million Have an average net income of less than $6.5 million after federal …
… or expand your manufacturing business. 7(a) loans The 7(a) loan program is SBA's primary business loan program for … purpose loans, including any of the above The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors … Have a tangible net worth of less than $15 million Have an average net income of less than $5 million after federal …
… About COVID-19 EIDL This federal small business loan program supports small businesses’ recovery from the … of May 6, 2022, SBA is no longer processing COVID-19 EIDL loan increase requests or requests for reconsideration of … at any time (past, present, or future) Maximum Loan Amount $2 million. Note: SBA began approving loans greater …
… Loans Find out which SBA-guaranteed loan program is best for your business, then use Lender Match … to get the funding they need. To get an SBA-backed loan: Read on to see the kinds of loans available Enter basic … lenders Lenders will approve and help you manage your loan SBA only makes direct loans in the case of businesses …
… Training on demand Get smart on SBA's business loan program policies. Training topics 7(a) Connect quarterly … Connect Quarterly Update - April 22, 2025 for the 7(a) loan program (topics include issuance and introduction to SOP … Connect Quarterly Update - October 8, 2024 for the 7(a) loan program (topics include: Shutdown Operations, LGPC …
… Office or Small Business Development Center . 7(a) loan program | SBA The 7(a) loan program is SBA’s primary business loan program. The 7(a) … promote business growth and job creation. The maximum loan amount for a 504 loan is $5.5 million. For certain energy …