PR 16253 - SBA Representatives Available at FEMA Disaster Recovery Centers
… with approved loans to set appointments to close their loan. The disaster declaration covers Adjuntas, Aguada, …
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https://www.sba.gov/article/2020/jun/22/pr-16253-sba-representatives-available-fema-disaster-recovery-centers
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Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on Establishing Dedicated Hours for Small Lender Submissions of PPP Applications
https://www.sba.gov/article/2020/apr/29/joint-statement-administrator-jovita-carranza-secretary-steven-t-mnuchin-establishing-dedicated -
SBA Proposes Rule to Eliminate Regulations that Exclude Faith-Based Organizations from Seven SBA Programs
https://www.sba.gov/article/2021/jan/19/sba-proposes-rule-eliminate-regulations-exclude-faith-based-organizations-seven-sba-programs… certain faith-based organizations from seven business loan and disaster assistance programs. These programs … include the Intermediary Lending Program (ILP), Business Loan programs (7(a), Microloan and 504 programs), Economic Injury Disaster Loan (EIDL) program, Military Reservist Economic Injury … -
SBA Amends Disaster Declaration for California
https://www.sba.gov/article/2021/dec/16/sba-amends-disaster-declaration-california… County. Although the deadline to apply for a disaster loan for physical damages was Nov. 12, 2021, private … -
Settlement Sheet (Use of Proceeds Certification)
https://www.sba.gov/document/sba-form-1050-settlement-sheet-use-proceeds-certification… The purpose of this form was to document and verify that loan proceeds were disbursed in accordance with the … into the business prior to the Lender disbursing any loan proceeds. This form was for use for all 7(a) loans and … -
Report 15-14: SBA's Controls to Prevent Duplication of Benefits with Community Development Block Grants
https://www.sba.gov/document/report-15-14-report-15-14-sbas-controls-prevent-duplication-benefits-community-development-block-grants… CDBG Program is to provide timely, accurate, and complete loan information to HUD grantees that administer the grants … a few instances where SBA did not timely annotate in the loan file that a grant had been awarded. However, no … duplicated since the disaster survivor had not requested a loan, loan reinstatement, reconsideration or reacceptance, or … -
Report 9-08 – Audit of the Liquidation Process at the National Guaranty Purchase Center
https://www.sba.gov/document/report-9-08-report-9-08-audit-liquidation-process-national-guaranty-purchase-center… loans that are made by participating lenders. Upon loan default, SBA authorizes participating lenders to … become necessary, to completely liquidate or sue upon the loan instrument. During the liquidation process, the Center … as necessary. When no further recovery is expected on a loan, the Center also performs a comprehensive review of the … -
Consolidation of Initial Disaster Assistance in Response to Hurricanes Harvey, Irma, and Maria
https://www.sba.gov/document/report-21-05-consolidation-initial-disaster-assistance-response-hurricanes-harvey-irma-maria… assistance response. We reviewed SBA’s staffing adequacy, loan application volume, and timeliness of disaster loan approvals in response to the damages caused by … 30, 2017. The agency effectively staffed and opened loan processing centers in each of the affected communities … -
Universal Purchase Package (UPP) - Accessible version
https://www.sba.gov/document/support-universal-purchase-package-upp-accessible-version… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
Universal Purchase Package (UPP)
https://www.sba.gov/document/support-universal-purchase-package-upp… one document to request SBA honor its guaranty on all 7(a) loan types in their portfolio regardless of size and program … Community Advantage SBA form Request to Honor SBA 7(a) Loan Guaranty SBA form 1149 Lender's Transcript of Account SOP 50 57 7(a) Loan Servicing and Liquidation Support Universal Purchase … -
SBA Adjusts Size Standards to Expand Lending & Contracting Opportunities
https://www.sba.gov/article/2020/feb/06/sba-adjusts-size-standards-expand-lending-contracting-opportunities… more small businesses to become eligible for the SBA’s loan and contracting programs. The interim final rule was … SBA-guaranteed 7(a) and 504 Certified Development Company loan programs, which were established under the Small … interim alternative size standards for the 7(a) and 504 loan programs will remain in effect until the SBA establishes … -
Deadline Approaching for Private Nonprofit Organizations in the Confederated Tribes of the Colville Reservation
https://www.sba.gov/article/2022/jan/21/deadline-approaching-private-nonprofit-organizations-confederated-tribes-colville-reservation… 21, 2022, deadline to apply for an SBA federal disaster loan for property damage caused by wildfires that occurred … The interest rate is 2 percent with terms up to 30 years. Loan amounts and terms are set by SBA and based on each … -
SBA Amends Disaster Declaration for New Mexico Disaster Assistance. Now Available to Private Nonprofit Organizations in Lincoln County
https://www.sba.gov/article/2022/oct/07/sba-amends-disaster-declaration-new-mexico-disaster-assistance-now-available-private-nonprofit… declared counties the deadline to apply for a disaster loan for physical damage was August 8, 2022, for private … -
SBA Amends Disaster Declaration for Texas
https://www.sba.gov/article/2024/08/12/sba-amends-disaster-declaration-texas… 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 … -
LA 14811-23 SBA to Close its Business Recovery Centers in Baton Rouge and Denham Springs
https://www.sba.gov/article/2017/feb/21/la-14811-23-sba-close-its-business-recovery-centers-baton-rouge-denham-springs… to answer all of their questions, explain SBA’s disaster loan program and close their approved disaster loans,” said … Tuesday, Feb. 28 Even though the deadline to apply for a loan for property damage has passed, small businesses, small … May 15, 2017, to apply for an economic injury disaster loan to help meet working capital needs caused by the … -
SBA Opens Business Recovery Center in Greenville, North Carolina
https://www.sba.gov/article/2018/sep/17/sba-opens-business-recovery-center-greenville-north-carolina… representatives and find out how a low-interest disaster loan can help them recover,” said Kem Fleming, director of … capital. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at … on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA … -
NC 15696 - SBA Opens Business Recovery Center in Greenville, North Carolina
https://www.sba.gov/article/2018/sep/15/nc-15696-sba-opens-business-recovery-center-greenville-north-carolina… representatives and find out how a low-interest disaster loan can help them recover,” said Kem Fleming, director of … capital. Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at … on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA … -
SBA Deadline Approaching for Physical Disaster Assistance in Indiana
https://www.sba.gov/article/2024/08/23/sba-deadline-approaching-physical-disaster-assistance-indiana… future disaster damage. Approved loans may qualify for a loan amount increase of up to 20 percent of their physical … from the date of the initial disbursement. The SBA sets loan amounts and terms based on each applicant’s financial … -
SBA Deadline Approaching for Physical Disaster Assistance in Indiana
https://www.sba.gov/article/2024/08/23/sba-deadline-approaching-physical-disaster-assistance-indiana-0… future disaster damage. Approved loans may qualify for a loan amount increase of up to 20 percent of their physical … from the date of the initial disbursement. The SBA sets loan amounts and terms based on each applicant’s financial … -
SBA Disaster Assistance Available to Hawaii Private Nonprofit Organizations in Maui
https://www.sba.gov/article/2023/08/23/sba-disaster-assistance-available-hawaii-private-nonprofit-organizations-maui… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to …