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https://www.sba.gov/article/2020/feb/06/sba-modifies-method-calculating-annual-revenues-small-businesses-0
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Capital Credit Union Presented with SBA Award
https://www.sba.gov/article/2016/dec/22/capital-credit-union-presented-sba-award… reduce guaranty fees by 50 percent for veterans on all SBA loan programs.” # # # Attached photo cutline: Capital Credit … -
CDC 504 Liquidation Plan
https://www.sba.gov/document/support--cdc-504-liquidation-plan… it intends to take to maximize recovery on a specific 504 Loan. All CDCs should prepare a Liquidation Plan within 30 … of Debenture purchase regardless of whether the CDC or SBA Loan Center is primarily responsible for handling the liquidation. A Liquidation Plan for a 504 Loan should have a copy of the demand letter attached to it … -
Unconditional Guarantee
https://www.sba.gov/document/sba-form-148-unconditional-guarantee… 7(a), CDC/504 Activity Authorization SOP 50 57 7(a) Loan Servicing and Liquidation SOP 50 55 504 Loan Servicing and Liquidation Support Standard 7(a) … -
Security Agreement
https://www.sba.gov/document/sba-form-1059-security-agreement… 7(a), CDC/504 Activity Authorization SOP 50 57 7(a) Loan Servicing and Liquidation SOP 50 55 504 Loan Servicing and Liquidation SOP 50 10 Lender and Development Company Loan Programs Remove download button Off … The Security … -
Readout of SBA Administrator Guzman’s Participation in Events with Congressional Black Caucus Foundation
https://www.sba.gov/article/2023/09/26/readout-sba-administrator-guzmans-participation-events-congressional-black-caucus-foundation… Administration . Since 2020, the number of loans, total loan dollars, and overall share of loans going to Black-owned … -
Deadline Approaching for Rosebud Sioux Tribe Private Nonprofit Organizations
https://www.sba.gov/article/2023/10/20/deadline-approaching-rosebud-sioux-tribe-private-nonprofit-organizations… 20, 2023, deadline to apply for an SBA federal disaster loan for economic injury caused by severe winter storms and … interest rate is 2.375 percent with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
Deadline Approaching for Oglala Sioux Tribe Private Nonprofit Organizations
https://www.sba.gov/article/2023/10/20/deadline-approaching-oglala-sioux-tribe-private-nonprofit-organizations… 20, 2023, deadline to apply for an SBA federal disaster loan for economic injury caused by se vere winter storms and … interest rate is 2.375 percent with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 … -
SBA Disaster Assistance Available to Missouri Private Nonprofit Organizations
https://www.sba.gov/article/2023/09/22/sba-disaster-assistance-available-missouri-private-nonprofit-organizations… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Expands Hours at Hillsborough County Business Recovery Center to Assist Floridians Recovering from Hurricane Ian
https://www.sba.gov/article/2022/oct/11/sba-expands-hours-hillsborough-county-business-recovery-center-assist-floridians-recovering… Centers to assist Floridians with applying for disaster loan assistance for losses due to Hurricane Ian that began … as indicated above to answer questions about the disaster loan program and assist business owners in completing their … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … -
SBA Expands Disaster Relief for Hawaii
https://www.sba.gov/article/2023/08/31/sba-expands-disaster-relief-hawaii… until 12 months from the date of the initial disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
Audit of SBA’s Desktop Loss Verification Process
https://www.sba.gov/document/report-19-23-audit-sbas-desktop-loss-verification-process… SBA meeting its timeliness goals for processing disaster loan applications for Hurricanes Harvey, Irma, and Maria. … and repair and replacement costs prior to disbursing loan funds. Further, SBA inappropriately relied on FEMA … and losses reported in the initial loss verification; and loan files did not contain sufficient documentation to … -
SBA Amends Disaster Declaration for California: Disaster Assistance Now Available to Private Nonprofit Organizations in Six Additional Counties
https://www.sba.gov/article/2023/07/25/sba-amends-disaster-declaration-california-disaster-assistance-now-available-private-nonprofit… Although the deadline to apply for a disaster loan for physical damages was June 5, private nonprofits in … -
SBA Disaster Assistance Available for Florida Small Businesses Impacted by Coronavirus
https://www.sba.gov/article/2020/mar/18/sba-disaster-assistance-available-florida-small-businesses-impacted-coronavirus… eligible. The interest rate for non-profits is 2.75%. Loan amounts are set by the SBA and based on each applicant’s … -
SBA to Open Business Recovery Center in Beaverton to Help Businesses Impacted by Winter Ice Storm
https://www.sba.gov/article/2024/02/20/sba-open-business-recovery-center-beaverton-help-businesses-impacted-winter-ice-storm… accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Administrator Guzman Lauds President Biden’s Budget for Fiscal Year 2025, Highlights Impact on Small Businesses
https://www.sba.gov/article/2024/03/11/sba-administrator-guzman-lauds-president-bidens-budget-fiscal-year-2025-highlights-impact-small… business lending programs, including the 7(a) business loan guarantee, capital for major fixed assets (504 loan guarantee), Small Business Investment Company (SBIC), … The budget proposes statutory increases to the maximum SBA loan size for small manufacturers and exporters, as well as a … -
SBA Amends Disaster Declaration for Texas
https://www.sba.gov/article/2024/06/07/sba-amends-disaster-declaration-texas… nonprofit organizations to apply with SBA for disaster loan assistance. SBA may lend private nonprofits up to … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first … -
SBA Partners with Southeast Indiana Region SBDC to Sponsor Free Webinar on Business Recovery on July 21 for Businesses in Tornado-Affected Areas
https://www.sba.gov/article/2023/07/14/sba-partners-southeast-indiana-region-sbdc-sponsor-free-webinar-business-recovery-july-21-businesses… under SBA declaration # 17882 . Disaster loan information and forms may be obtained by calling the … by sending an email to DisasterCustomerService@sba.gov . Loan application forms can be downloaded from the SBA’s … application for financial losses (Economic Injury Disaster Loan) is Jan. 15, 2024. … -
Record-Shattering 20 Million Business Applications Filed Under Biden-Harris Administration
https://www.sba.gov/article/2024/11/14/record-shattering-20-million-business-applications-filed-under-biden-harris-administration… $1.5 billion to Black-owned businesses, a tripling of loan count relative to FY20. 9,600 loans totaling $3.3 … billion to Latino-owned businesses, more than doubling the loan count relative to FY20. 15,500 loans totaling $5.6 billion to women-owned businesses, a doubling of loan count relative to FY20. More than 100,000 individual … -
SBA Amends Disaster Declaration for Iowa
https://www.sba.gov/article/2024/08/12/sba-amends-disaster-declaration-iowa… nonprofit organizations to apply with SBA for disaster loan assistance. SBA may lend private nonprofits up to … accrue until 12 months from the date of the first disaster loan disbursement. SBA disaster loan repayment begins 12 months from the date of the first …