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The Right Way to Think About Credit Lines for Business
… new equipment compared to applying for a business loan. Rule 3: Practice Self-Discipline Stay on top of your … -
Write an Executive Summary
… For a summary going to a bank, related to a commercial loan, you probably want to add a financial summary including … -
How to Develop and Use a Good Executive Summary
… For a summary going to a bank, related to a commercial loan, you probably want to add a financial summary including … -
SBA Administrator Guzman Awards Minnesota’s Abdirahman Kahin of the Afro Deli & Grill as the 2023 National Small Business Person of the Year
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Writing YOUR success story
… with other sources of financing. While the SBA doesn't loan money directly to small business owners, it helps … -
SCORE Mentor Provides Courage and Confidence to First-time Business Owners
… and Lauren utilized the SBA Paycheck Protection Program loan to retain their employees and keep providing sustenance … Pantry continues to thrive. With the help of an SBA 504 loan, Peter and Lauren purchased the real estate in 2022 and … -
8(a) Program and Patience Pays Off for This Contracting Company
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Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
… on the payroll. The couple received an SBA disaster loan for $735,000, which they used to rebuild the property, … the equipment they were able to salvage. The SBA disaster loan for $873,000 allowed them to purchase new equipment and … -
Victors over Catastrophe Honored with SBA’s 2018 Phoenix Award
… on the payroll. The couple received an SBA disaster loan for $735,000, which they used to rebuild the property, … the equipment they were able to salvage. The SBA disaster loan for $873,000 allowed them to purchase new equipment and … -
Take Your Business Global in 2020
… Export Express lenders , which can directly underwrite a loan without getting prior approval from the SBA, speeding up … -
Rural Delmarva Retailer-Turned-Manufacturer’s Growth Defies Pandemic Odds
… Quickly, McMillan tapped into SBA’s Paycheck Protection loan program – a CARES-Act funded small business loan designed to allow small businesses to keep their workers … house JennyGems’ operations, most likely through SBA’s 504 Loan Program – a lending program that provides growing … -
Lorena Cantarovici, owner of Maria Empanada named Colorado’s 2017 Small Business Person of the Year winner
… ft. with 3 tables and six seats utilizing $4,000 in family loan. Lorena will describe this time as one of the most … companies within a 2-mile radius, utilizing a SBA 7(a) Loan of $291,000 from Citywide Banks to purchase equipment, … -
‘Bringing People Together Again' at the Throwback Brewery
… Throwback used the initial Paycheck Protection Program (PPP) funds to cover payroll while being mostly closed. The second PPP is helping cover payroll, mortgage interest, and … -
Veteran-Owned Small Business Scales with SBA Contracting Assistance Programs
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Genuine Local of Laconia is NH SBA’s 2023 Small Business Champion of the Year
… Covid 19 Pandemic. The SBA’s Paycheck Protection Program (PPP) allowed them to keep their team employed when … Genuine Local also utilized the Economic Injury Disaster Loan (EIDL) giving them the working capital needed to ensure … -
SBA and SCORE Create Recipe for Sweet Success
… confectionary creativity. In five weeks, she secured a loan. “Those croissants were flying off the shelves – it’s … revenue was twice the amount we had estimated. Half of the loan was paid off in one year; and that makes me feel great.” … -
SBA’s 2022 New Hampshire District Director Award Steve Kesselring - Your Oil Tools, Hooksett
… times of COVID-19 with the SBA Economic Injury Disaster Loan (EIDL), Paycheck Protection Program (PPP), and some counseling sessions from another SBA resource … -
Husband and Wife Team Bring Customers A Taste of the Caribbean
… Paycheck Protection Program to cover Heidi’s salary. “The PPP income took the pressure off and helped provide an income … chunk of income that’s all of a sudden gone, you use that [PPP} income for your employees. The easiest way to put it is … -
‘Your Oil Tools’ a family operated small business aromatherapy supply store