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… staff worked around the clock to approve more than $7 billion in low-interest loans to help small businesses and … I will never forget. “While it has truly been the honor of a lifetime to serve our country in this Administration, it is … I wish to thank the President and I will continue to be a strong advocate for him and his policies.” ### About the …
… Contreras-Sweet , today issued the following statement at a U.S. Senate Small Business and Entrepreneurship Committee hearing on SBA’s 7(a) Loan Guaranty program: “SBA-backed loans support small … am especially proud to report that we have achieved record 7(a) lending levels operating with zero taxpayer subsidy for …
… one of the most successful years in SBA’s history. It was a record year in small business lending, a record year in … levels for small business lending under our flagship 7(a) program. We reached $23.5 billion dollars in gross … difficulty accessing capital. The dollar value of our 7(a) loans was up 22 percent to women, 23 percent to …
… fees in our two largest lending programs – have engineered a significant turnaround in SBA lending and been successful … including $375 million to increase the SBA guarantee on 7(a) loans to 90 percent and to reduce borrower fees on most 7(a) and 504 loans. The funds for these programs were …
… in the two largest lending programs - have helped engineer a significant turnaround in SBA lending. Continuing those … million appropriation approved in December to extend SBA’s 7(a) loan guarantee to 90 percent and reduce or eliminate borrower fees on both the 7(a) and 504 loans will be used faster than expected. Loan …
… worth of loans in less than 14 days, which will protect a vast number of American jobs. “The PPP enjoyed broad-based … across the country from lenders of all sizes and a wide array of industries and businesses. From its start on … smallest of small businesses. “The PPP provided funds to a wide variety of industries in all sectors of the economy, …
… to issue new loan approvals once the programs experience a lapse in appropriations. “We urge Congress to appropriate … additional funds for the Paycheck Protection Program—a critical and overwhelmingly bipartisan program—at which … makes the American dream of business ownership a reality. As the only go-to resource and voice for small …
… to issue new loan approvals once the programs experience a lapse in appropriations. “We urge Congress to appropriate … additional funds for the Paycheck Protection Program—a critical and overwhelmingly bipartisan program—at which … makes the American dream of business ownership a reality. As the only go-to resource and voice for small …
… start, grow and be resilient. Marlene, John, and Mike have a proven track record of doing just that – and I’m confident … the SBA’s mission and ensure all entrepreneurs are given a fair shot at achieving their dreams.” Region II (Two) As … from Widener University in Chester, Pennsylvania, with a degree in Business Administration. Prior to attending …
… first-class customer service and support that makes a real difference. Mike, Allen, and Elmy are talented leaders … New Hampshire, Rhode Island, and Vermont. Mr. Vlacich is a respected New Hampshire public servant with extensive … federal government levels. He is currently serving as a Senior Advisor to U.S. Senator Jeanne Shaheen, and over the …
… playing field for all contracting entrepreneurs through a more equitable federal procurement system and buying strategy: “President Biden issued a powerful challenge in Tulsa earlier this year to harness … in federal contracting and put more small businesses in a position to start doing business with the United States …
… entrepreneurs at all stages of their life cycles in a post-COVID world. “The SBA’s greatest asset is our people, … Associate Administrator. Previously, Gabriel served as a public official in the City of Los Angeles, appointed by … in the Commercial Payments division at American Express. A seasoned executive with over 25 years of experience leading …
… advancing communities, Ted’s leadership couldn’t come at a more crucial time for small businesses and innovative … recover,” said SBA Administrator Guzman . “Ted is joining a dynamic team of Regional Administrators as the SBA looks ahead to a year filled with new opportunities and new challenges. …
… Michigan, Minnesota, Ohio, and Wisconsin. Ms. Aglipay is a second-generation American and a daughter of a veteran with over 20 years of experience in the workforce, …