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Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.
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The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
To determine if a location (residence or business) is in a HUBZone, the SBA web site has a feature the make this determination found at . The primary goal of the program is to create incentives for the U.S. federal government to do contracting with businesses that operate and create jobs in communities with statistically proven economic needs.
Mar. 30—The U.S. Small Business Administration has approved more than $50 million in federal disaster loans for Texas businesses and residents impacted by severe winter storms Feb. 11 through 21.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Bankrate insight. As of January 30, 2024, the SBA has approved 19,599 SBA 7(a) loans in the 2024 fiscal year, totaling over $8 billion. The average loan size is $425,864. How long does each loan ...