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BUSINESS C O M M U N I T Y Cleveland Dist rict Office March 2010 1350 Euclid Avenue Suite 211 Cleveland, Ohio 44115 Phone: 216-522-4180 Fax: 216-522-2038 www.sba.gov Loan Report as of February 28, 2010 7(a) and 504 Loans Combined Inside This Issue: Loan Report 1 News for Our Lending Partners 2 QuickBooks Training Held by OSBDC at Summit Medina Business Alliance 3 New Analysis of Job Gains and Losses from SBA Office of Advocacy 3 SBA Proposes Expansion of WomenOwned Small Businesses Acce.
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Obama FAQ
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Businesses can be searched for using any of the following search criteria: location (state, congressional district, metropolitan statistical area) ownership data (U.S. Citizen owned, minority owned, veteran owned, etc.) federal certifications (SBA 8(a) certification) industry sector codes (NAICS, "Buy Green" NAICS)
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SBA Communication: What to Expect Phone calls and emails from the SBA are intended to inform you, not to ask for personal details. Follow-up actions will direct you to official SBA platforms. Remember, federal guidance is free. You'll never be charged by government employees for help to access federal services.
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SBA Express loans, part of the SBA's 7(a) loan program, offer the easiest application process and the fastest approval times among all SBA loans. These loans, with payoff periods as long as 25 years, are designed for purposes such as refinancing debt, buying equipment, or improving real estate.
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The Freedom of Information Act (FOIA) became law in 1966. It allows any person to request access to federal records or information. SBA must provide this information unless it is not allowed under the law (exempt).
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View loan balance and make payments Create an account in the MySBA Loan Portal (lending.sba.gov) to monitor your loan status or to make payments.
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Business owners defaulting on their SBA loan can apply for loan forgiveness, but that does not guarantee the SBA will approve the request. It is more commonly referred to as an "offer in compromise". The SBA evaluates your case and discusses the matter with the lender.
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Go to: http://dsbs.sba.gov OR http://web.sba.gov/pro-net/search/dsp_dsbs.cfm This site is a search engine to locate businesses to solicit estimates/bids from so that you can take the 6 affirmative action steps to meet OIG requirements. You may need to remove criteria to get hits returned.
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Businesses can be searched for using any of the following search criteria: location (state, congressional district, metropolitan statistical area) ownership data (U.S. Citizen owned, minority owned, veteran owned, etc.) federal certifications (SBA 8(a) certification) industry sector codes (NAICS, "Buy Green" NAICS)
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