Posts Tagged ‘Small Business Administration’

SBA Disaster Recovery Assistance Webinar for businesses and entrepreneurs

Vernita Naylor With some many disasters happening throughout the U.S. how does the U.S. Small Business Administration (SBA) determine which businesses are eligible to apply for disaster loans? How are loan amounts decided? What role does insurance play in the… March 12, 2011 View full post on All Stories

Loans available for businesses hurt by summer’s heat

By Donita Naylor ATLANTA — Small businesses in Rhode Island counties bordering the ones in Massachusetts for which an agriculture emergency was declared are eligible to apply for loans if they were harmed by last summer’s excessive heat. The U.S. Small Business Administration announced Monday that small businesses, small agricultural cooperatives and most private nonprofit [...]

More than $50 Million in SBA Disaster Loans Approved in Illinois; Submit Applications before the November 17 Deadline

ATLANTA–(BUSINESS WIRE)–More than $50 million in U.S. Small Business Administration Disaster Assistance Loans have been approved for homeowners, renters and businesses in designated Illinois counties affected by the severe storms and flooding that occurred on July 19 through Aug. 7, 2010. SBA issued more than 91,000 disaster loan applications, however only 11,500 have been returned. [...]

SBA Disaster Loans Available Following Secretary of Agriculture Disaster Declaration in Ohio

ATLANTA–(BUSINESS WIRE)–The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes located in Ohio as a result of the excessive rain, flooding, high winds, hail, tornadoes, drought, freeze and frost that occurred on April 1 through [...]

SBA Implements Higher Maximum Loan Sizes Made Possible by Small Business Jobs Act

WASHINGTON–(BUSINESS WIRE)–On the heels of completing final approvals of loans to nearly 2,000 firms that has been in its loan queue waiting for final approval of the Small Business Jobs Act, the U.S. Small Business Administration has finished implementation of another major element of the bill: increasing maximum sizes in several of its loan programs. [...]

Can’t Get A Bank Loan? Tips For Alternate Small Business Funding

photo credit: markhillary Already we are seeing the results of the demise of the mortgage market due to the sub prime debacle. Lending banks have severely tightened lending criteria as their asset bases erode and the financial sector comes under huge pressure. Wall street does not like to see 2.5 billion dollar write offs from [...]

Small Business Loan News – Stimulus Bill – Can We Now Get Loans With a SBA Secondary Market?

photo credit: tristanbrand The word is out that the new stimulus bill (American Recovery and Reinvestment Act of 2009) has a special provision creating a Federal government secondary market for SBA guaranteed loans. If you are a small business owner, will this loosen up my lender purse strings and allow some money to trickle down [...]

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