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  2. Small Businesses Can Get Another $500,000 from the SBA - AOL

    www.aol.com/small-businesses-another-500-000...

    Beginning April 6, 2021, the U.S. Small Business Administration (SBA) is expanding its Economic Injury and Disaster Loan (EIDL) program, the organization announced in a press release. Small ...

  3. SBA extends fire relief deadline for those thought to be ...

    www.aol.com/sba-extends-fire-relief-deadline...

    The deadline to apply for an SBA economic injury disaster loan, referred to as EIDL, which provides up to $2 million to qualifying businesses and private nonprofits, also is approaching on May 10.

  4. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

  6. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    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 ...

  7. Emergency Disaster Loan Program - Wikipedia

    en.wikipedia.org/wiki/Emergency_Disaster_Loan...

    When a county has been declared a disaster area, by either the President or the Secretary of Agriculture, farmers in that county may become eligible for low-interest emergency disaster (EM) loans under the Emergency Disaster Loan Program.

  8. SBA 7(a) loan: What it is and how to apply - AOL

    www.aol.com/finance/sba-7-loan-apply-123539929.html

    SBA 7(a) loan terms. The standard SBA 7(a) loans guarantee up to 75 percent of the loan amount. The lender may also require collateral to guarantee the rest of the loan, using your business’s ...

  9. Federal disaster assistance available for Ohio residents ...

    www.aol.com/federal-disaster-assistance...

    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.