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SBA to Open Business Recovery Center in Sulphur to Help Businesses Impacted by Severe Storms, Straight-line Winds, Tornadoes and Flooding
https://www.sba.gov/article/2024/05/02/sba-open-business-recovery-center-sulphur-help-businesses-impacted-severe-storms-straight-line-winds… 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
https://www.sba.gov/article/2020/sep/16/sba-honors-2020-phoenix-award-champions-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
https://www.sba.gov/article/2023/jan/13/sba-announces-its-florida-centers-will-close-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
https://www.sba.gov/about-sba/sba-locations/headquarters-offices/office-veterans-business-development… Guard members Military Reservist Economic Injury Disaster Loan program (MREIDL) Veterans Business Outreach Center … -
VOSB and SDVOSB protest and appeals
https://www.sba.gov/about-sba/oversight-advocacy/office-hearings-appeals/vosb-sdvosb-protest-appeals… the contracting officer in person, by email, facsimile, by express delivery service, or by U.S. mail (postmarked within … -
The SBA issues a final rule to adopt increases to the alternative size standard for inflation and adjust limits for the Surety Bond Guarantee Program.
https://www.sba.gov/article/2024/02/22/sba-issues-final-rule-adopt-increases-alternative-size-standard-inflation-adjust-limits-surety-bond… 7(a) Business and Certified Development Company (CDC/504) Loan Programs (collectively “Business Loan Programs”), subject to a 34.46 percent adjustment for … size standards, will gain eligibility for SBA's Business Loan Programs for which they would not otherwise be eligible … -
SBA Obtains $256K Judgment Against Fraudulent Medico
https://www.sba.gov/article/2016/may/16/sba-obtains-256k-judgment-against-fraudulent-medico… financial situation when applying for an SBA-guaranteed loan. The podiatrist, Dr. Anthony J. Enrico, Jr., later defaulted on that loan. The judgment, issued by Administrative Law Judge … found that when Enrico applied for an SBA-guaranteed loan from PNC bank, he failed to mention that CIT Financial … -
TX 15274 PSA-04 SBA IS STILL HIRING FOR HURRICANE HARVEY
https://www.sba.gov/article/2017/sep/04/tx-15274-psa-04-sba-still-hiring-hurricane-harvey… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … WILL BE PAID FOR HOURS IN EXCESS OF 40-HOURS PER WEEK. LOAN OFFICERS ARE NEEDED WITH EXPERIENCE EVALUATING FINANCIAL … -
TX 15274 PSA-01 SBA IS NOW HIRING FOR HURRICANE HARVEY
https://www.sba.gov/article/2017/sep/04/tx-15274-psa-01-sba-now-hiring-hurricane-harvey… HAS IMMEDIATE TEMPORARY OPENINGS FOR BUSINESS AND HOME LOAN OFFICERS AND ATTORNEYS TO HELP SURVIVORS OF HURRICANE … will be paid for hours in excess of 40-hours per week. Loan Officers are needed with experience evaluating financial … -
Maui Wildfires – Initial Disaster Assistance and Recovery Response
https://www.sba.gov/document/report-24-11-maui-wildfires-initial-disaster-assistance-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
https://www.sba.gov/article/2024/07/22/sba-closes-business-recovery-center-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
https://www.sba.gov/success-story/fortune-favors-makes-sweet-success-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 Administrator Linda McMahon Appoints William Manger as Head of Capital Access
https://www.sba.gov/article/2017/mar/23/sba-administrator-linda-mcmahon-appoints-william-manger-head-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
https://www.sba.gov/article/2016/may/26/statement-sba-administrator-maria-contreras-sweet-us-senate-committee-small-business… 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
https://www.sba.gov/article/2020/may/03/sba-regional-administrator-rob-scotts-statement-paycheck-protection-programs-second-round-funding… of that effort, from 4 to 11:59 p.m. EDT today, SBA’s PPP loan processing system is only open to lending institutions … loans approved for $63 billion. The average overall PPP loan size is currently at less than $95,000. “Small … -
SBA Disaster Assistance Available to Colorado Private Nonprofit Organizations
https://www.sba.gov/article/2022/feb/10/sba-disaster-assistance-available-colorado-private-nonprofit-organizations -
504 Eligibility Checklist (non-PCLP)
https://www.sba.gov/document/sba-form-2450-504-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
https://www.sba.gov/document/sba-form--power-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
https://www.sba.gov/document/report-13-09-audit-report-13-09-management-letter-sbas-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; …