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SBA Adjusts Size Standards to 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 … -
SBA Helps Veterans Start, Grow and Expand Small Businesses
… flagship 7(a) and 504 programs. Since 2007, SBA’s Patriot Express loan pilot initiative alone has guaranteed loans of more than … loans totaling $142 million in fiscal year 2011. Patriot Express is offered by SBA’s network of participating lenders … -
Deadline Approaching for Private Nonprofit Organizations in the Confederated Tribes of the 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
… 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
… 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
… 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
… 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
… 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 … -
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SBA Deadline Approaching for Physical Disaster Assistance in 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
… 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
… FEMA may refer the private nonprofit to SBA for disaster loan assistance. SBA may lend private nonprofits up to … -
SBA Administrator Isabel Casillas Guzman Celebrates National Hispanic Heritage Month
… resources. In Fiscal Year 2024 so far, the average monthly loan count to Latino-owned businesses is 775, more than double the average monthly loan count in Fiscal Year 2020. The average loan volume is $261 million, double the average loan volume … -
CA 15798-03 SBA to Open Business Recovery Center in Chico to Help Businesses Impacted by the Wildfires
… with each business owner to explain how an SBA disaster loan can help finance their recovery. They will answer questions about SBA’s disaster loan program, explain the application process and help each … needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the …