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… If you’re like most people, you obtained a small business loan for a portion of your upfront costs when you purchased your franchise. That means you’ll have a monthly loan payment to add to your expense structure. The good news is that your loan payment won’t go on forever. As a result, when you’re …
… businesses has increased 70% since 2020 , with total loan dollars exceeding $5 billion in 2023 alone. SBA loan programs , including 7(a) and 504 , have fueled these …
… prizes of $50,000 each, totaling $3.95 million. The application period is from May 2-June 3 and information about the application process can be found at: www.sba.gov/accelerators …
… planning, the two decided to apply for a 7(a) Guaranteed Loan. “The SBA 7(a) Guaranteed loan was the catalyst that fueled the growth of our small … business,” Ashley Villarreal Fleeman said. “We received a loan for $100,000 and it provided the essential financial …
… pandemic. The Paycheck Protection Program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program,” said SBA Buffalo District Director Franklin J. …
… experienced newfound growth. With the help of a 504 loan, Andrus expanded her bakery by purchasing a new … faced was a lack of space and capacity, but an SBA loan helped Andrus physically expand Honey and Rye, and SBA …
… a problem. He applied for and received an SBA COVID EIDL loan and a small PPP loan in April 2020, enabling him to buy a delivery truck, pay … delivery and private events into 2021. A Second Draw PPP loan helped to pay staff salaries and other expenses, keeping …
… May 2023, I applied for an SBA 7(a) Community Advantage loan through a Certified Development Company (CDC),” LeAnna … a business advisor to help improve my projections. This loan provided the startup capital I needed to bring … Biscuit in November 2023, and the Community Advantage loan helped execute her vision to create a “home away for …
… worth and net income that applies to SBA’s 7(a) and 504 loan programs. The new alternative standard was established … eligibility under the agency’s Economic Injury Disaster Loan (EIDL) Program in connection with Hurricanes Katrina, …
… Brooke purchased their own roasting plant using an SBA 504 loan. They have worked diligently with their farmers for 17 … never lost her determination. She took a disaster recovery loan from the SBA and patiently awaited the return of paying … Spirits Epicenter. Dafoe has used an SBA-backed 7(a) loan and a separate 504 loan to move to its current HUBZone …