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Closing the Door on a Dream Opens the Doors to Many More in Oregon
… of the Paycheck Protection Program (PPP), an SBA-backed loan that helps businesses keep their workforce employed … crisis, and an SBA COVID-19 Economic Injury Disaster Loan (EIDL), the company was able to keep its team employed, … -
SBA Honors 2019 Phoenix Award Champions for Outstanding Disaster Recovery Efforts
… clean-up. Stephanie received an SBA disaster loan for $197,000 to cover working capital needs and repair … -
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 … -
Air Force Veteran on a mission to revolutionize how art is displayed
… larger 7,500 square foot warehouse in 2012 with a SBA 7(a) loan through INTRUST Bank . When his lease contract at the … the market. SBA’s Paycheck Protection Program (PPP) loan helped Maida keep his employees on the payroll. “The SBA … that covered the principal and interest on our 7(a) loan really saved our business. I don’t know if we could have … -
Business Equipment Financing & Leasing: 7 Key Tips to Know
… it raises questions as to why other lessors rejected your application. Choose an equipment finance provider that caters … -
Veteran-Owned IT Firm and Woman-Owned Mapping Technology Company Win Top Honors for Excellence in Federal Contracting
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Business Credit Card Offers: 5 Things You Should Look Out for
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SBA Administrator Guzman Awards Minnesota’s Abdirahman Kahin of the Afro Deli & Grill as the 2023 National Small Business Person of the Year
… its inception, Afro Deli & Grill has utilized numerous SBA loan programs, including the 7(a) Express Loan and SBA pandemic relief. Kahin is a committed community … -
14 Tips to Protect Your Business from Ransomware Attacks
… Remote Desktop protocol (RDP) if it is not being used. Use application whitelisting, which only allows systems to … -
SBA Announces $3.4 Million for Small Business Startups
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SBA Administrator Guzman Announces 2022 National Small Business Week Small Business Person of the Year
… the state. In 2016, with the help of an SBA 504 loan, BFLS moved to their 7,300 square-foot home in Winfield, … and services, including SCORE, SBDC Counseling, the 504 Loan, Emerging Leaders Program, SBA District Office training … -
Writing YOUR success story
… with other sources of financing. While the SBA doesn't loan money directly to small business owners, it helps … -
2022 Rhode Island Small Business Person of the Year
… its growth. When the pandemic hit in 2020, the SBA’s loan programs also helped The Riddle Room by allowing it to … also took advantage of the SBA’s Economic Injury Disaster Loan (EIDL) Program and its Advance, which allowed it, for … -
Top 10 Business Credit Terms Small Business Owners Should Know
… etc. 5. Collateral – Any assets used to secure credit or a loan for the business is collateral and can be tangible or … hire additional employees and so on. With a knowledge and application of business credit, you are well on your way to … -
Fanestil Meats Accelerates Growth, Promoting 'Made in Kansas'
… facility in October 2021 after obtaining SBA 7(a) and 504 loan financing. Dan Smoots complimented the assistance … a financing deal. “My lender recommended I use the SBA loan program, and it was approved,” said Smoots. The Smoots … -
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 … -
From Book Club to Supergroup
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Take Your Business Global in 2020
… Export Express lenders , which can directly underwrite a loan without getting prior approval from the SBA, speeding up … -
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 …