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https://www.sba.gov/article/2022/mar/18/what-they-are-saying-us-senators-applaud-sba-administrator-guzmans-decision-extend-additional
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SBA Success Story to Be Honored at Mid-America Trade Summit
https://www.sba.gov/blog/sba-success-story-be-honored-mid-america-trade-summit -
SBA’s Economic Injury Disaster Loans and Advance Program Reopened to All Eligible Small Businesses and Non-Profits Impacted by COVID-19 Pandemic
https://www.sba.gov/article/2020/jun/17/sbas-economic-injury-disaster-loans-advance-program-reopened-all-eligible-small-businesses-non… The interest rate for non-profits is 2.75%. To keep payments affordable for small businesses, SBA offers loans … -
Evaluation of SBA’s Eligibility and Forgiveness Reviews of Paycheck Protection Program Loans Made to Borrowers with Treasury’s Do Not Pay Data Matches
https://www.sba.gov/document/report-24-06-evaluation-sbas-eligibility-forgiveness-reviews-paycheck-protection-program-loans-made-borrowers… exposed the program to financial losses and improper payments. In addition, SBA did not use all Treasury’s DNP … and federal standards for identifying/preventing improper payments and seek remedy or repayment of ineligible loans. … -
SBA Announces First-of-Its-Kind Technology Initiative for Restaurant Revitalization Fund
https://www.sba.gov/article/2021/apr/22/sba-announces-first-its-kind-technology-initiative-restaurant-revitalization-fund… application process," said Nick DeLeonardis SVP & GM, Payments, Lending, and Payroll at Toast . "As the Biden … -
Build Your Small Business Credit: 4 Key Differences That Matter
https://www.sba.gov/blog/build-your-small-business-credit-4-key-differences-matter -
How to Use the ‘Rule of Three’ to Create a Business Credit Profile
https://www.sba.gov/blog/how-use-rule-three-create-business-credit-profile… lines of credit , loans, insurance premiums, lease payments and supplier based credit. By establishing a good … -
With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds
https://www.sba.gov/article/2020/apr/02/349-billion-emergency-small-business-capital-cleared-sba-treasury-begin-unprecedented-public-private-0… or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. Most importantly, … -
How to Fund Your Business Startup: 5 Fast and Popular Options
https://www.sba.gov/blog/how-fund-your-business-startup-5-fast-popular-options… it needs upfront while allowing the business to defer payments for a later date ( net 30 accounts ). Personal … -
Small Business Administration Announces Further Action to Help PPP and COVID EIDL Borrowers
https://www.sba.gov/article/2024/01/05/small-business-administration-announces-further-action-help-ppp-covid-eidl-borrowers -
Here’s how to avoid disaster recovery scams
https://www.sba.gov/blog/heres-how-avoid-disaster-recovery-scams… claim check to a contractor for repairs. Make final payments only after the work is completed and use a verified … -
SBA Approves Over $11 Million in Disaster Loans after Hurricane Ida; Application Deadline Approaching Jan. 28
https://www.sba.gov/article/2022/jan/25/sba-approves-over-11-million-disaster-loans-after-hurricane-ida-application-deadline-approaching-jan… time to repair, replace and recover before their payments begin, the first payment due is not until 18 months … -
SBA Teams with Tech Heavyweights to Help American Small Businesses Go Digital
https://www.sba.gov/article/2016/mar/30/sba-teams-tech-heavyweights-help-american-small-businesses-go-digital-0… online/ecommerce, mobility and field operations, and payments. More information on the Small Business Technology … -
Report 10-10 - Audit of the Premier Certified Lenders in the Section 504 Loan Program
https://www.sba.gov/document/report-10-10-report-10-10-audit-premier-certified-lenders-section-504-loan-program… if available cash equals operational expenses plus payments on the new (SBA) loan, the borrower is said to have … service is $125,000. If the SBA loan called for annual payments of $50,000, one could conclude that the borrower had … -
Business Trends to Keep Top of Mind in 2022
https://www.sba.gov/blog/business-trends-keep-top-mind-2022 -
SBA Tops $25 Million in Disaster Assistance Loans for Severe Winter Storms, Flooding, Landslides and Mudslides
https://www.sba.gov/article/2023/feb/14/sba-tops-25-million-disaster-assistance-loans-severe-winter-storms-flooding-landslides-mudslides… up to one year from the date of the note to begin making payments. In addition, interest does not begin to accrue … Guzman announced a policy change granting 12 months of no payments and 0% interest. This pertains to all disaster loans … -
The Right Way to Think About Credit Lines for Business
https://www.sba.gov/blog/right-way-think-about-credit-lines-business… is available for the business to use but you only make payments on the money you’ve actually used. The fact is a … loan. Rule 3: Practice Self-Discipline Stay on top of your payments when it comes to paying back the funds you used on … -
SBA Tops $50 Million in Disaster Assistance Loans for Severe Winter Storms, Flooding, Landslides and Mudslides
https://www.sba.gov/article/2023/mar/07/sba-tops-50-million-disaster-assistance-loans-severe-winter-storms-flooding-landslides-mudslides… up to one year from the date of the note to begin making payments. In addition, interest does not begin to accrue … Guzman announced a policy change granting 12 months of no payments and 0% interest. This pertains to all disaster loans … -
SBA Approves Over $1 Million in Disaster Loans in Alabama; Business Recovery Center Closed for MLK Holiday
https://www.sba.gov/article/2022/jan/14/sba-approves-over-1-million-disaster-loans-alabama-business-recovery-center-closed-mlk-holiday… time to repair, replace and recover before their payments begin, the first payment is due 18 months from the … -
5 Reasons to Hire Your Child
https://www.sba.gov/blog/5-reasons-hire-your-child… partnership, or limited liability company): Payments for the services of your child under age 18 are exempt from FICA taxes Payments for the services of your child under age 21 are …