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  2. HUBZone - Wikipedia

    en.wikipedia.org/wiki/HUBZone

    HUBZone is a United States Small Business Administration (SBA) program for small companies that operate and employ people in Historically Under-utilized Business Zones (HUBZones). The HUBZone program was created in response to the HUBZone Empowerment Act created by the US Congress in 1998. [ 1 ]

  3. Rules for Small Business PPP Loan Forgiveness Keep Changing - AOL

    www.aol.com/finance/rules-small-business-ppp...

    A key part of the Small Business Administration's Paycheck Protection Program is forgiveness. "The next big critical moment here is going to be some clear guidance on the forgiveness piece of this ...

  4. SBA ramps up PPP loan forgiveness as big banks like ... - AOL

    www.aol.com/finance/ppp-ramps-loan-forgiveness...

    The program relied on banks to manage most aspects of the loans with very little government intervention, which meant lenders setting up their own process for collecting loan forgiveness ...

  5. Pros and cons of SBA loans - AOL

    www.aol.com/finance/pros-cons-sba-loans...

    Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

  6. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...

  7. Forgivable loan - Wikipedia

    en.wikipedia.org/wiki/Forgivable_loan

    A forgivable loan, also called a soft second, is a form of loan in which its entirety, or a portion of it, can be forgiven or deferred for a period of time by the lender when certain conditions are met. It is more like a grant with conditions rather than a loan, as in most cases the loan is forgiven if all the conditions are met. However, if ...

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