SBA: Progress in Small Business Lending Announced with End-of-Year Capital Program Numbers
Agency has increased number and dollar amount of loans across several small business capital programs Today, ahead of the biggest shopping day of the year, U.S. Small Business Administrator Isabel Casillas Guzmanannounced that the SBA delivered $50 billion in capital, disaster relief, and bonding to small businesses and disaster-impacted communities across America in Fiscal Year 2023 (FY23). Under the Biden-Harris…
SBA: USDA and SBA Strengthen Partnership to Create Jobs and Economic Growth in Rural America
Today, Administrator Isabel 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 today that the SBA is strengthening its longstanding partnership with the U.S. Department of Agriculture (USDA) to create jobs and expand access to new and better market opportunities for…
SBA: Adminstrator Guzman Encourages Shopping Small on November 25th for Small Business Saturday
SBA Administrator Isabel 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, is encouraging the nation to shop, dine, and entertain at local small businesses on November 25 in celebration of Small Business Saturday® and throughout the holiday season. Small Business Saturday is…
SBA: Historic Step Taken to Expand Access to Capital and Fill Lending Gaps in Underserved Communities through the SBLC Program
New Licenses Mark Milestone Achievement in Biden-Harris Administration Efforts to Increase Access to Capital 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 that the SBA has granted three new Small Business Lending Company (SBLC) licenses to lenders focused…
SBA: Boots to Business Instructors of the Year Announced to Recognize Those Who Help Set Up Veteran-Owned Small Businesses for Success
Five Award Recipients Will be Recognized During National Veterans Small Business Week, Oct. 30 to Nov. 3 Today, the U.S. Small Business Administration (SBA) named five recipients as “Boots to Business (B2B) Instructor of the Year” award winners. SBA representatives and its partner networks receive feedback about Boots to Business instructors throughout the year and honor those…
SBA: Anniversary of Women’s Business Ownership Act Celebrated and FY Lending to Women-Owned Businesses Announced
SBA-Backed Loans to Women-Owned Small Businesses are Up 70% 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, celebrated the 35th anniversary of Women’s Business Ownership Act of 1988 (H.R. 5050) by announcing new data showing SBA-backed…
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,…