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SBA opens application for $28.6B Restaurant Revitalization Fund

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Fund prioritizes direct relief to women, veterans, and socially and economically disadvantaged individuals, and includes $9.5 billion in set-asides for small businesses WASHINGTON - SBA Administrator Isabella...

Isabella Casillas Guzman takes over as 27th SBA administrator

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WASHINGTON – Isabella Casillas Guzman has been confirmed as the 27th administrator of the U.S. Small Business Administration. On March 16, the U.S. Senate confirmed President Joe Biden’s nominee with...

SBA prioritizes smallest of small businesses in the Paycheck Protection Program

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WASHINGTON – Building on a month of results, the Biden-Harris administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection...

SBA reaches $200B milestone in Economic Injury Disaster Loan program to small businesses and...

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WASHINGTON – The U.S. Small Business Administration reached a milestone Friday, Feb. 12, in the success of the COVID-19 Economic Injury Disaster Loan program, which has provided...

SBA launches new, free online digital learning platform

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WASHINGTON – Jovita Carranza, administrator of the U.S. Small Business Administration, announced recently the launch of Ascent, a first-of-its-kind, free digital e-learning platform geared...

SBA forgives 1.1M Paycheck Protection Program loans so far, totaling over $100B

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Small borrowers make up vast majority of forgiveness applicants WASHINGTON – The U.S. Small Business Administration has already forgiven more than 1.1 million Paycheck Protection Program loans for...

SBA reopens Paycheck Protection Program to small lenders, Jan. 15, and all lenders, Jan....

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WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program loan portal to PPP-eligible lenders with $1...

SBA and Treasury announce PPP reopening, issue new guidance

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WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, announced that the Paycheck Protection Program reopened Jan. 11 for new borrowers and...

SBA’s economic injury disaster loans and advance program reopened to all eligible small businesses...

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SBA’s economic injury disaster loans and advance program reopened to all eligible small businesses and nonprofits impacted by COVID-19 pandemic  WASHINGTON – To further meet the needs...

SBA and Treasury announce new and revised guidance regarding the Paycheck Protection Program

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WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, issued new and revised guidance for the Paycheck...