SBA: Significant Increase in Lending to Black-Owned Small Businesses Announced
Total Number and Dollar Amount of SBA-backed Loans to Black-Owned Small Businesses See 2.5x Increase Under Biden-Harris Administration Today, Administrator Isabel Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced new SBA data showing that SBA-backed loans to Black-owned small businesses…
SBA: National Veterans Small Business Week Announced
Events Nationwide Will Highlight Agency’s Efforts to Support Nearly 2 Million Veteran and Military Spouse-Owned Small Businesses Today, Administrator Isabel Guzman, the head of the U.S. Small Business Administration (SBA) and voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced the SBA will celebrate the 10th annual National Veterans Small Business Week (NVSBW) from Oct….
SBA: Access to Capital Expanded for Underserved Small Businesses Through Mission-Based Lenders
SBA Introduces 143 New Community Advantage Small Business Lending Companies (SBLC) Across America This week at the Opportunity Finance Network (OFN) annual conference, Administrator Isabel Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced that the SBA has successfully made permanent its mission-lending Community…
SBA: Record $3 Billion in Lending Announced to Latino-Owned Small Businesses
Number of SBA-Backed Loans to Latino-Owned Small Businesses Has Doubled Under Biden-Harris Administration Today, Administrator Isabel Guzman, the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced newly finalized Fiscal Year 2023 SBA data showing that the rate of SBA-backed loans to Latino-owned small businesses has now doubled under the Biden-Harris Administration,…
SBA: Guest Lineup Unveiled for Small Business Cyber Summit
Cybersecurity and Business Experts Convene to Share Free Best Practices and Practical Tools for Small Businesses The U.S. Small Business Administration (SBA) will host its Small Business Cyber Summit during Cybersecurity Awareness Month this October, with free educational webinars for small business owners on Wednesday, Oct. 18 and 25, and Nov. 1. This year’s summit is part of…
SBA: Reach of Regional Innovation Cluster Network Expanded with Four New Awards
Regional Innovation Clusters Help Increase Startup and Small Business Participation in the U.S. Supply Chain Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced four contract awards to small businesses and entrepreneur support organization (ESO) partners, expanding the SBA’s Regional Innovation Clusters…
SBA: Financial Assistance Expanded to Native American Communities with Six New Grantees
Agency Announces New Tribal Grant Program, Expansion of Existing Efforts to Support Native American Entrepreneurs Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, announced the creation of the Tribal College Small Business Achievement (TCSBA) grant, a new pilot program to support Native…
HUD: Over $75 Million in Loan Guarantees Announced for Public Safety, Facility Improvements, Economic Development and Housing Projects
Today, the U.S. Department of Housing and Urban Development (HUD) awarded a total of $75 million in loan guarantee commitments to the cities of Omaha, Nebraska, Oakland, Fresno, and Redding in California. This funding will enable transformative investments in housing, community facilities, and economic development. “The Biden-Harris Administration and HUD are committed to building and…
SBA: Over $139 Million in Disaster Assistance Loans Provided to Maui Wildfires
Today, U.S. Small Business Administrator Isabella Casillas Guzman announced that the SBA has approved more than $139 million in federal disaster loans for Hawaii businesses, nonprofits, and residents impacted by Maui wildfires. Since the fires began, the SBA has approved $40,620,400 for businesses and $ 98,615,000 for residents to help rebuild and recover from the disaster. “The SBA,…
SBA: 17 New Members Announced for Regulatory Fairness Board
Board Members Will Advise SBA on Federal Regulations Affecting Small Businesses On Sept. 28, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, addressed the SBA’s Regional Regulatory Fairness Boards at their annual meeting and welcomed 17 newly appointed board members. The board…