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… times of over 45 minutes or dropped calls. Our review of loan volume and approvals for Hurricane Maria showed that by … be processed. SBA approved 40,246 of the 86,598 processed loan applications, totaling approximately $1.5 billion. Of … SBA’s processing times for Hurricane Maria disaster loan applications with a loan approval, denial, or withdrawal …
… of December 2017, SBA had accepted 110,464 Hurricane Irma loan applications. Of those, 105,257, or about 95 percent, … be processed. As of the end of December 2017, the combined loan applications remaining to be processed were 29,272 for … SBA’s processing time data for Hurricane Irma disaster loan applications with a loan approval or denial decision as …
… completing reconsideration requests for the SBA Disaster Loan Program. SBA’s Lee County BRCs are operating as … mask. Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at … or Video Relay Services should call 800-621-3362. Disaster loan information and application forms can also be obtained …
… 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, Grameen America will launch the Business Expansion Loan. Starting at $7,500, this loan product will assist those Grameen America borrowers who …
… Core services to the public, including the agency’s loan guarantee and disaster assistance programs, as well as … disaster response support by transferring disaster loan servicing functions and additional personnel into the … Program (PPP) and Covid Economic Injury Disaster Loan (EIDL) fraud was ignored for four years. Meanwhile, …
… helped her develop a business plan for the building and loan. Christy renovated the space in 2015, and Mammy’s … applied successfully for an SBA Economic Injury Disaster Loan (EIDL) and EIDL Advance grant, as well as a Paycheck Protection Program (PPP) loan. The cash influx helped save the business and almost 50 …
… efforts in history. Alex received a forgivable PPP loan to help keep her school open and her 75 staff on … know what would have become of the company without the loan.” PPP was a financial lifeline not only for nonprofit …
… They found financing for the second half of their loan through an SBA 7(a) loan from University of Virginia Community Credit Union. The loan was disbursed in 2016 and the couple is close to fully …
… days, the SBA will promulgate a new policy requiring SBA loan applications to include a citizenship verification … assistance. In June 2024, the agency approved a $783,000 loan application for a small business that was 49% owned by … the illegal status of the individual and halted the loan from being disbursed – ensuring that $0 was distributed …
… through the steps of applying for an SBA-guaranteed loan through a community lender. Find a VBOC or other … Protection Program (PPP), for instance, is an SBA-backed loan that helps small businesses keep their employees on … payroll during the pandemic. Borrowers may be eligible for forgiveness . Air Force veteran Tom McMahon – owner of …
… 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 … at any Disaster Recovery Center in Louisiana. Disaster loan information and application forms are also available …
… the Hough Family’s aged whiskeys, thanks to an SBA 504 Loan. The loan, a combination of funds from the Hough Family, Pursuit, … barrel warehouse and an 18th-century tasting room. The 504 Loan Program is an economic development program that supports …