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SBA Temporarily Closes Business Recovery Centers in North Carolina for upcoming Holiday
… BRCs will assist business owners complete their disaster loan application, accept documents for existing applications, … Sunday Holiday Closure: Jan. 1, Wednesday SBA’s Disaster Loan Program funding was replenished via the American Relief … issued more than 21,000 outstanding commitment letters (loan offers). The SBA will continue to issue new loan offers … -
FACT SHEET: As Hurricane Season Approaches, the U.S. Small Business Administration Continues to Prioritize Equitably Supporting Impacted Communities Through Disaster Assistance, Mitigation, and Business Preparedness Efforts
… American Rescue Plan, the COVID Economic Injury Disaster Loan (EIDL) program and the Shuttered Venue Operators Grant … and one Military Reservist Economic Injury Disaster Loan declaration. As the Anchors of Our Communities, Small … and their Employees, and the SBA’s Disaster Relief Loan Programs Help Communities Recover Swiftly. Assisting … -
SBA Offers Relief to Louisiana Small Businesses and Private Nonprofits Affected by the Winter Storm
… Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small … that could have been paid had the disaster not occurred. Loan amount can be up to $2 million with interest rates of 4% … up to 30 years. The SBA determines eligibility and sets loan amount and terms based on each applicant’s financial … -
SBA Opens Additional Recovery Centers in West Virginia to Assist Businesses, Nonprofits and Residents Affected by February Storms
… hand at the BRCs to answer questions about SBA’s disaster loan program, explain the application process and help … with specialists who will guide them through the disaster loan application process and connect them with resources to … their recovery." The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small … -
SBA Modifies Method for Calculating Annual Revenues for Small Businesses
… a five-year averaging period, outside of the SBA Business Loan and Disaster Loan Programs. The change in the averaging period for … above, this change will not apply to the SBA Business Loan and Disaster Loan Programs. The SBA will seek comment, … -
SBA Announces Florida Disaster Assistance Center Will be Onsite at Allen Chapel A.M.E. Church, Daytona Beach, on Dec. 1 and Dec. 3, Only
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SBA Business Recovery Centers in Pennsylvania Closing on Dec. 10
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SBA Closing All 3 BRCs Nov. 8 in Western North Carolina - Buncombe County, Haywood County and Transylvania County
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SBA Opens Second Business Recovery Center in Lee County to Assist Floridians Recovering from Hurricane Ian
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New Business Applications Reach Record 16 Million Under Biden-Harris Administration
… Small Businesses: Since 2020, the share of the SBA’s loan portfolio going to minority-owned businesses has … to AAPI-owned small businesses is on the rise, with loan count and total loan dollars both increasing by over a third since 2020. … -
SBA Disaster Recovery Workshop in Monterey Park for Businesses Impacted by Monterey Park Mass Shooting and Related Investigation:
… will explain how an Economic Injury Disaster Loan can help meet working capital needs caused by this … business owner to answer questions about SBA’s disaster loan program and help them apply online. In addition, help … resubmit their application for a disaster working capital loan,” Sánchez continued. The workshop will be at the day and … -
SBA Offers Economic Assistance to Georgia Small Businesses Affected by Water Main Breaks
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … organizations with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial … are not due until 12 months from the date of the first loan disbursement. To apply online and receive additional … -
5 Simple Questions to Help Determine Your Business Financing Options
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Deadline Approaching in Mississippi for Private Non-Profits Affected by March 2023 Severe Storms
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https://www.sba.gov/article/2022/feb/14/readout-administrator-guzman-visits-small-businesses-dallas-highlight-sbas-efforts-promote-equitable
… deadline to apply for an SBA federal disaster loan for property damage caused by severe storms, … 17, 2022, to apply for an SBA Economic Injury Disaster Loan. These low-interest federal disaster loans are available … interest rate is 1.875 percent with terms up to 30 years. Loan amounts and terms are set by SBA and based on each … -
SBA Disaster Assistance Available to California Private Nonprofit Organizations
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA Offers Disaster Assistance to Alaska Small Businesses Economically Impacted by the 2022/2023 Bering Sea Snow Crab and Bristol Bay Red King Crab Fisheries Closures
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SBA to Close Its Business Recovery Center in Capitola
… business owners to answer questions about SBA’s disaster loan program, explain the application process, help each individual complete their electronic loan application and close their approved loans. No … for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … -
SBA to Open Business Recovery Centers in Kenner and Reserve to Help Businesses Impacted by Hurricane Francine
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any property damage. “SBA’s disaster loan program offers an important advantage–the chance to … of the opportunity to request additional SBA disaster loan funds for these proactive improvements.” Interest rates …