ABA: Testimony on Small Business Administration Loan Program
WASHINGTON — The Small Business Administration 7(a) Loan program is a success that has encouraged economic growth and should be vigorously supported in the future, according to testimony from the American Bankers Association before the House Small Business Subcommittee on Investigations, Oversight and Regulations today. Ted Ashby, president and CEO of Surrey Bank & Trust in Mt….
SBA: Administrator McMahon Appoints Mary Anne Bradfield as Chief of Staff
WASHINGTON – Administrator Linda McMahon of the U.S. Small Business Administration (SBA) announced today that Mary Anne Bradfield will serve as her new Chief of Staff. “I’m so pleased to have Mary Anne by my side. Her wealth of private and public sector leadership and management experience, including four years of experience at SBA in…
SBA: Linda McMahon Confirmed by Senate as SBA Administrator
WASHINGTON – The U.S. Senate confirmed on Tuesday President Donald Trump’s nomination of Linda E. McMahon as the 25th Administrator of the U.S. Small Business Administration. “Small businesses are the engine of our national economy,” McMahon said upon her confirmation. “I will work to revitalize a spirit of entrepreneurship in America. Small businesses want to…
SBA: New Initiative Announced with GIIRS Rating System for Private Funds and Companies
SBA Administrator Maria Contreras-Sweet today announced a new initiative with Global Impact Investing Rating System (GIIRS), an innovative rating system that evaluates the operational and business model impact of private funds and companies. Under the terms of the understanding, OII will use GIIRS ratings as one factor to rate and authenticate the influx of Impact…
findCRA Infographic: Small Businesses – Think Local This Holiday Season
Check out our infographic highlighting the impact of small businesses on the nation’s economy:
FDIC: Enhanced Money Smart for Small Business Curriculum Announced
The Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA) today announced enhancements to Money Smart for Small Business, a resource that provides practical guidance for starting and managing a small business. Money Smart for Small Business, a free curriculum available on the FDIC website, was jointly developed by the FDIC and SBA…
ABA: 5 Ways to Protect Your Small Business from Ransomware Attacks
WASHINGTON — Small businesses are becoming popular targets to a form of malware known as ransomware. Ransomware is used by cybercriminals to freeze your computer or mobile device, steal your data and demand a “ransom” — anywhere between a couple of hundreds to thousands of dollars — be paid. Ransomware infiltrates enterprise networks and servers and individual laptops or computers, leading…
FDIC: Small Business Lending Survey Initiated
The Federal Deposit Insurance Corporation (FDIC) today announced the launch of a survey of banks regarding their small business lending practices. The web-based survey of roughly 2,000 randomly selected FDIC-insured banks will begin in late June and will be administered by the U.S. Census Bureau on behalf of the FDIC. The Small Business Lending Survey…
FDIC: Resources for Small Businesses During National Small Business Week
The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7. Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs,…