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SBA Offers Disaster Assistance to Michigan Small Businesses Economically Impacted by the Coronavirus (COVID-19)
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ROM 10-11 - Notice of Finding and Recommendation on Ineligible Lender-Approved Recovery Act Loans
… if the loans made under the Act were originated and closed in compliance with SBA's policies and procedures and to … any evidence of suspicious activity. This is the third in a series of finding notices related to our ongoing audit … and recommendations related to material deficiencies in Recovery Act loans and with the loan approval process. The … -
SBA Offers Disaster Assistance to Small Businesses in Bristol, Norfolk and Worcester Counties in Mass. Economically Impacted by the Coronavirus (COVID-19)
… SBA Offers Disaster Assistance to Small Businesses in Bristol, Norfolk and Worcester Counties in Mass. Economically Impacted by the Coronavirus (COVID-19) … The disaster declaration makes SBA assistance available in the entire state of Rhode Island; and the contiguous … -
SBA Offers Disaster Assistance to Small Businesses in Berkshire, Hampden, and Worcester Counties in Mass. Impacted by the Coronavirus (COVID-19)
… SBA Offers Disaster Assistance to Small Businesses in Berkshire, Hampden, and Worcester Counties in Mass. Impacted by the Coronavirus (COVID-19) Boston – The … The disaster declaration makes SBA assistance available in the entire state of Connecticut ; and the contiguous … -
SBA Awards $5.5 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain Access to Capital
… SBA Awards $5.5 Million in PRIME Grants to Help Emerging Micro-Entrepreneurs Gain … entrepreneurs are set to receive nearly $5.5 million in grants from the U.S. Small Business Administration’s Program for Investment in Micro-Entrepreneurs (PRIME). These nonprofit … -
SBA Extends Crucial Lifeline to Borrowers Impacted by COVID-19 with Debt Relief
… Administrator Jovita Carranza made the following statement in regards to Section 325: “Small business is big business in America, and this Administration will continue to extend a … under Section 1112 of the CARES Act to help borrowers in SBA’s 7(a), 504 and Microloan programs; and now SBA is … -
SBA to Host Shuttered Venue Operators Grant Webinar on Jan. 14
… of the Shuttered Venue Operators Grant program included in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, … on Dec. 27, 2020. Eligible organizations with a reduction in revenue due to the COVID-19 pandemic will have the … to receive up to a $10 million grant under the program. In total, the Economic Aid Act allocates $15 billion for the … -
American Rescue Plan Act Elevates Small Business Support in Response to COVID-19 Pandemic
… American Rescue Plan Act Elevates Small Business Support in Response to COVID-19 Pandemic WASHINGTON - Upon President … businesses are the economic engine of this country and, in alignment with the Biden-Harris Administration’s focus on … program updates and new efforts the SBA will administer in the coming weeks. ### About the U.S. Small Business … -
SBA Announces Official Restaurant Revitalization Fund Application and Guidelines
… businesses – irreplaceable gathering places in our neighborhoods and communities that need a lifeline now … meet payroll, purchase supplies, and get what they need in place to transition to today’s COVID-restricted … eligibility, and a program guide are now available in English at www.sba.gov/restaurants or in Spanish at … -
SBA Administrator Guzman Announces Application Opening for $28.6 Billion Restaurant Revitalization Fund
… marketplace realities of our food and beverage businesses in designing the Restaurant Revitalization Fund to meet … Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food … “From day one, we engaged with diverse stakeholders in the food industry community to make sure we built and … -
Bipartisan Mayors Meet with SBA Administrator Isabella Casillas Guzman, Discuss Shared Economic Vision
… groups’ shared commitment to supporting small businesses in cities across the country. Read more about these … to joining forces with the U.S. Conference of Mayors in the months ahead as we work to bring back the small … -
Administrator Isabella Casillas Guzman Announces Initial Results of Restaurant Revitalization Fund
… from restaurants and other food and beverage businesses in all 50 states, the District of Columbia, and five U.S. … they need to recover, rebuild and become resilient.” In the first two days of the RRF application window, the SBA … from restaurants, bars, and other eligible businesses in all 50 states, Washington, D.C., and five U.S. … -
The SBA Funds 16,000 Restaurant Revitalization Fund Awards
… businesses across the nation will begin to see funds in bank accounts as early as Tuesday, May 11. “Just one week … and beverage business owners will get much-needed relief in their hands,” said SBA Administrator Isabella Casillas … priority period, all eligible applications will be funded in the order in which they have been received. While the SBA … -
Recovery for the Smallest Restaurants and Bars: Administrator Guzman Announces Latest Application Data Results for the Restaurant Revitalization Fund
… business owners, requesting a total of $29 billion in relief funds. This announcement builds on an earlier … do as we continue reaching our underserved entrepreneurs.” In addition to a $5 billion set-aside established by Congress … with 2019 gross receipts between $500,000 and $1,500,000. In the first days of the RRF program, after weeks of targeted … -
Last Call: Administrator Guzman Announces Final Push for Restaurant Revitalization Fund Applications
… with 2019 gross receipts between $500,000 and $1,500,000. In the first two weeks of the RRF program, and after 600 targeted community outreach events in multiple languages, SBA has received from priority groups: … applications from businesses with not more than $50,000 in pre-pandemic revenue requesting $290 million in funds … -
SBA Announces New HUBZones to Expand Federal Contracting Opportunities for Small Businesses
… of HUBZone, a program that provides small businesses in low-income communities that hire low-income residents opportunities to compete in the federal marketplace. The announcement makes Illinois … and encourage more Illinois small businesses to sign up for this program today.” Illinois becomes the first … -
READOUT: The U.S. Small Business Administration & the White House Host Webinar for Small Business Leaders on Economic Recovery, Juneteenth, & Vaccine Leadership
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SBA Administrator Announces Closure of Restaurant Revitalization Fund Program
… activity on Main Streets. As among the first to close in this pandemic and likely the last to reopen, many are … eligible applications representing over $72.2 billion in requested funds, and approximately 101,000 applicants have … Underserved populations received approximately $18 billion in grant awards including : Women-Owned businesses ~ $7.5 … -
SBA Administrator Announces New Shuttered Venue Operators Grant Milestone: Supplemental Awards Begin
… Thus far, the SBA has awarded over $10 billion in economic relief to nearly 12,000 venues, providing a … when comparing 2021’s first-quarter revenues to the same in 2019 are eligible to receive a supplemental grant. … entertainment businesses, feel like the giants they are in our economy, and our SVOG program is a great example of …