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SBA to Open Business Recovery Center in Crowley to Help Businesses Impacted by Severe or Extreme Drought
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Celebrating Hispanic entrepreneurs’ growth, resilience
… Protection Program (PPP) and the Economic Injury Disaster Loan program, we have delivered nearly three-quarters of a … small business is doing really well now, thanks to the PPP loan that allowed her to bring her six employees back to … -
SBA to Open Business Recovery Center in Sulphur to Help Businesses Impacted by Severe Storms, Straight-line Winds, Tornadoes and Flooding
… needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the … 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 Honors 2020 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… $2 million, Terry immediately applied for an SBA disaster loan. The SBA declined the application because the business … make it difficult for the Bourque’s to repay a $2 million loan comfortably. Terry realized he needed a plan to restart the business while reducing the loan amount required to cover his losses. He disposed of the … -
SBA Announces Its Florida Centers Will Close for MLK Day
… Centers to assist Floridians with applying for a disaster loan for losses from Hurricane Ian from Sept. 23 through Nov. … 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 … -
Office of Veterans Business Development
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Maui Wildfires – Initial Disaster Assistance and Recovery Response
… to the Maui wildfire disaster, including staffing, loan application volume, and timeliness of disaster loan approvals. We found SBA’s initial response to the Maui … Recovery Center on Maui and provided timely disaster loan assistance to survivors. While SBA successfully … -
SBA Closes Business Recovery Center in Jefferson County
… questions, assist applicants complete their disaster loan application, accept documents, and provide updates on loan status. Walk-ins are accepted, but you can schedule an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … -
Fortune Favors Makes Sweet Success with Multiple SBA Products
… thanks to online and wholesale clients. Traditional SBA loan products are financing this, including a line of credit to purchase inventory, an SBA 504 loan for a plant and building, and a 7(a) working capital loan to manage the highly seasonal nature of sales and … -
SBA Resource Days Target Your Neighborhoods
… and resources available to you. Ask us about our various loan programs including: Loans for working capital – SBA … business real estate or major equipment – the SBA 504 Loan Program ; and Government contracting certifications and … -
DISCOVER THE SBA ADVANTAGE AT RESOURCE DAYS AT THE BANK
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SBA Administrator Linda McMahon Appoints William Manger as Head of Capital Access
… Administrator, Manger will be responsible for SBA’s loan program policy, technology, operations and oversight. This includes SBA’s flagship 7(a) and 504 loan programs, the microloan program and the surety bond … -
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing
… and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small … -
SBA Regional Administrator Rob Scott’s Statement on the Paycheck Protection Program’s Second Round of Funding
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SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations
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504 Eligibility Checklist (non-PCLP)
… as part of the application package for Section 504 Loan and sends to: Sacramento Loan Processing Center, Small Business Administration, 6501 … -
Power of Attorney Agreement
… SBA form Submit this Grant of Authority to the Commercial Loan Service Center servicing your loan portfolio. Your completed Grant of Authority should … Related programs: CDC/504 Activity Servicing SOP 50 55 504 Loan Servicing and Liquidation Remove download button Off … … -
Audit Report 13-09: Management Letter - SBA's FY 2012 Financial Statement Audit
… of policies and procedures for the microloan program; (5) loan file documentation not retained in loan files; (6) untimely processing of Microloan transactions … pilot program disbursements; (7) untimely site visits for loan defaults; (8) untimely processing of charge-off loans; … -
Audit Report 15-06: Improvement is Needed in SBA’s Oversight of Lender Service Providers
… oversight of lender service providers (LSPs) as loan agents. LSPs are deeply involved in all phases of the loan life cycle, including originating, closing, servicing, … potential risks associated with LSP involvement in SBA loan programs. In addition, SBA did not adequately …