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Veteran trades Civil Service for Health Food with SBA Financing and SBDC counseling
… health food. They knew they needed a small business loan and so they reached out to the Small Business … with their business plan, financial statements, and SBA loan application. This trifecta of support allowed the … sites being built now. The SBA’s small business loan, and the SBDC’s counseling services not only allowed … -
Supporting Entrepreneurs & Workers with Disabilities
… 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 … -
SBA Business Recovery Centers to Temporarily Close in Observance of Independence Day Holiday
… questions, assist business owners complete their disaster loan application, accept documents, and provide updates on an … apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Administrator Guzman Travels to Iowa to Survey Disaster Recovery Efforts and Visit Small Businesses
… and Swanson about their experiences with the SBA’s loan application process and the impact these resources have … -
Buy an existing business or franchise
… : This method is typically used to determine how much of a loan the business' cash flow can support. Tangible assets … -
Veteran-owned Aeroforce Logistics Powered by Several SBA Programs
… and Women’s Business Center. The day they signed the loan papers for a $50,000 microloan, they were awarded a … them pack the boxes to meet the contract terms. The loan was paid back within six months. In 2020, they continued to finance growth with an Express loan of $150,000 through Pyramax Bank, and they also received … -
Write your business plan
… If you have other collateral you could put against a loan, make sure to list it now. Provide a prospective … -
The State of Women in Business
… planning Business management Marketing How to navigate the loan process Opportunities for selling to the government And … help women business owners explore the range of government loan programs offered through SBA. Check out SBA’s Directory … Local SBA offices can also provide information on SBA loan programs, the application process and participating … -
Setting sights on a state-of-the-art dream
… Corporation to secure a Small Business Administration 504 loan. The 504 Loan Program provides long-term, fixed rate financing of up … -
SBA helps socially disadvantaged business do business with the federal government
… Trilogy was able to secure a Paycheck Protection Program loan from First United Bank & Trust. The PPP loan removed the burden of worrying what the future held … Trilogy to retain all their employees. Trilogy’s PPP loan was fully forgiven in July of 2021. While growing their … -
Dandelion Cafe
… difficult to access funding due to collateral and minimum loan requirements, especially as an applicant from the … who helped her access the collateral she needed to get a loan. Through a combination of financing, credit cards, and … to access funding through the SBA Economic Injury Disaster Loan program and the Paycheck Protection Program to recover … -
Creating A Savings Account For Your Business
… substantial profit. You likely will be servicing the loan before you see any revenue from the project, requiring you to use other funds to repay the loan. Access to capital. It's not always easy, or quick, to … immediate action that you could miss while waiting for a loan to close. If you have your own savings fund, you can use … -
READOUT: U.S. Senator Ben Cardin Joins SBA Administrator Isabella Casillas Guzman and Small Business Owners for a Webinar on Economic Aid and Recovery in the Mid-Atlantic Region
… SBA updates on the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). COVID-19 EIDL is a borrower-friendly small business loan program to help small business owners, self-employed gig … https://www.sba.gov/federal-contracting . COVID EIDL Loan FAQs: COVID EIDL Loans: Frequently Asked Questions, … -
SBA Administrator Isabel Casillas Guzman and FTC Chair Lina Khan Discuss How to Enhance Small Business Competitiveness
… Year 2023. The SBA’s historic rulemaking simplifying its loan programs has also led to a doubling of small-dollar loans under the agency’s signature 7(a) loan program. The FTC enforces the nation’s antitrust laws to … -
SBA Emerging Leader Graduate Honored at Export Summit
… respectively with a Preferred Lenders Program ( PLP ) term loan refinancing existing debt. At the NASBITE awards … -
SBA Programs and Services for Native American Entrepreneurs
… get the access to capital they need. Whether it’s a 7(a) loan , 504 loan , or microloan , the SBA has an option that is suited … -
SBA Opens Second Business Recovery Center in Mississippi; Centers to Close for July 4th Holiday
… apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to … not paid by insurance or other sources. The SBA disaster loan program is designed to help survivors with their … -
SBA Launches Enhanced Lender Match Platform
… compare lenders to help them decide where to apply for a loan. The enhanced tool will also verify borrowers and screen … with banks, making them vulnerable to predatory loan products and services,” said Marla Bilonick, President … -
Statement by SBA Administrator Guzman on Anniversary of American Rescue Plan
… programs, such as the COVID Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection (PPP) … of America’s economy.” For more information about SBA’s loan programs, financial assistance, and other services, …