Small Business

Federal Reserve: Findings Released from Study of Small Business Owners’ Perspectives on Online Lenders and Products

The Federal Reserve Board and the Federal Reserve Bank of Cleveland on Thursday published Browsing to Borrow: “Mom & Pop” Small Business Perspectives on Online Lenders. The report examines small business owners’ perceptions of online lenders and their understanding and interpretation of the information that online lenders use to describe their credit products. Among the…

SBA: Disaster Recovery Lending Increased for Small Businesses through Express Bridge Loan Pilot Program

The U.S. Small Business Administration prides itself in the efforts it takes to help small business owners recover from disasters. The SBA 7(a) Loan Program is aiding in that effort by offering the Express Bridge Loan Pilot Program. This Pilot Program was authorized on October 16, 2017 and is available through September 30, 2020. With…

Census Bureau: New 2017 Annual Business Survey Announced

The Annual Business Survey (ABS) is a new joint project between the U.S. Census Bureau and the National Science Foundation’s National Center for Science and Engineering Statistics. The ABS is a new survey that replaces three existing surveys: the five-year Survey of Business Owners (SBO) for employer businesses, the Annual Survey of Entrepreneurs (ASE), and the Business Research and Development and…

Census Bureau: 2017 Economic Census Deadline Extended to June 19th

The U.S. Census Bureau has granted a one-week extension for the 2017 Economic Census due to high call volumes and long wait times. The economic census response due date of June 12, has been extended to June 19, 2018. The economic census is currently collecting data for approximately 3.7 million business locations. U.S. businesses nationwide, including those…

Census Bureau: 2017 Economic Census Deadline is June 12th

The 2017 Economic Census is currently collecting data for approximately 3.7 million business locations. With the June 12 deadline approaching, U.S. businesses nationwide, including those in U.S. territories, are asked to report their 2017 year-end numbers for each business location, including sales or revenue, employment, payroll and industry-specific information. The U.S. Census Bureau began notifying…

SBA: Partnership Announced with Veterans Affairs’ Vocational Rehabilitation and Employment Program

The U.S. Small Business Administration has entered into an agreement with the U.S. Department of Veterans Affairs, through its Vocational Rehabilitation and Employment program. The partnership will give veterans access to self-employment assistance from the SBA, its resource partners, and U.S. Export Assistance Centers. The VA and SBA will work together to prepare veterans, service-disabled…

SBA: Funding Awarded for 22 Veterans Business Outreach Centers

The U.S. Small Business Administration this week announced the awarding of $6.6 million in funding to 22 organizations to provide training and counseling to current and aspiring veteran small business owners as a Veterans Business Outreach Center (VBOC). The funding opportunity, offered by SBA’s Office of Veterans Business Development, is a one-year initial award with…

Census Bureau: Economic Census Begins

The 2017 Economic Census is officially underway today as the U.S. Census Bureau began notifying businesses nationwide by mail with instructions on how to complete the survey online. Conducted once every five years, this is the first time the Census Bureau will conduct the survey almost entirely online. Only small businesses in U.S. territories will…

SBA: Illinois Entrepreneur Awarded 2018 National Small Business Person of the Year

Entrepreneurs from West Virginia, New Mexico and Louisiana also recognized by SBA as Runners-up Linda McMahon, Administrator of the U.S. Small Business Administration today recognized and awarded this year’s Small Business Person of the Year at a ceremony and reception at the United States Institute of Peace in Washington, D.C. “It is my pleasure to announce…